Compulsory stocks may only be altered or liquidated with the written permission of the FONES; the foregoing applies without prejudice to the release of stocks under Article 31 paragraph 2 letter f.
Before compulsory stocks are reduced or liquidated, the holder must repay the loan guaranteed by the Confederation pro rata and meet all obligations towards the guarantee fund (Art. 16).
If the holder of compulsory stocks is unable to repay the loan or to meet its obligations towards the guarantee fund, the FONES may demand an appropriate guarantee as an alternative.
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