Publication at Faculty of Mathematics and Physics, Faculty of Law |
2014
Abstract
This paper deals with the legal institute of trust as an investment fund. The paper analyzes substantial differences between legal regulation of trust in the new Civil Code and legal regulation of an investment trust under the Act on Investment Companies and Investment Funds.
Selected problematic parts of the legislation are also mentioned. Based on the analysis, the authors seek to answer the question, whether the investment trust institute is going to be used widely in the market practice or not and why this happens.