I.-Article L. 214-1 is applicable in French Polynesia, in the version resulting fromOrder no. 2013-676 of 25 July 2013, subject to the following adaptations:
1° In 1°, the words: “in accordance with Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities, known as ‘UCITS'” are replaced by the words: “by the Autorité des marchés financiers”;
2° 2° is worded as follows: “2° Les fonds d’investissements alternatifs mentionnés au I de l’article L. 214-24, dits: “FIA”.
II – Any collective investment scheme governed by French law and managed by a portfolio management company approved in France may be marketed in French Polynesia.
Any investment fund or collective investment scheme established under foreign law must obtain authorisation from the Autorité des marchés financiers before its units or shares can be marketed in French Polynesia. A decree shall define the conditions for issuing this authorisation.