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08:29 Sep 24, 2001
English to Swedish translations [PRO] Bus/Financial
English term or phrase:redesignate
Under the same circumstances as provided by Article 8 paragraph 7, the board of directors may decide to allocate the assets of any Portfolio to those of another existing Portfolio within the Company or to another undertaking for collective investment organized under the provisions of Part I of the law of March 30, 1988 or to another portfolio within such other undertaking for collective investment (the "new Portfolio") and to redesignate the shares of the class or classes concerned as shares of another class (following a split or consolidation, if necessary, and the payment of the amount corresponding to any fractional entitlement to shareholders).