Article L214-45 of the French Monetary and Financial Code
When a unitholder or shareholder who holds more than 20% but less than 99% of the units or shares of an undertaking for collective investment in transferable securities requests the redemption of units or shares, such redemption may be temporarily suspended under the conditions laid down in the General Regulations of the Autorité des marchés financiers if it exceeds a percentage of the number of units or shares of the…