FREE BOOKS

Author's List




PREV.   NEXT  
|<   117   118   119   120   121   122   123   124   125   126   127   128   129   130   131   132   133   134   135   136   137   138   139   140   141  
142   143   144   145   146   147   148   149   150   151   152   153   154   155   156   157   158   159   160   161   162   163   >>  
nd its servants within the limits and under the conditions laid down in the conditions of employment. ARTICLE 37 Seat Before the end of 1992, the decision as to where the seat of the ECB will be established shall be taken by common accord of the governments of the Member States at the level of Heads of State or of Government. ARTICLE 38 Professional secrecy 38.1. Members of the governing bodies and the staff of the ECB and the national central banks shall be required, even after their duties have ceased, not to disclose information of the kind covered by the obligation of professional secrecy. 38.2. Persons having access to data covered by Community legislation imposing an obligation of secrecy shall be subject to such legislation. ARTICLE 39 Signatories The ECB shall be legally committed to third parties by the President or by two members of the Executive Board or by the signatures of two members of the staff of the ECB who have been duly authorized by the President to sign on behalf of the ECB. ARTICLE 40 Privileges and immunities. The ECB shall enjoy in the territories of the Member States such privileges and immunities as are necessary for the performance of its tasks, under the conditions laid down in the Protocol on the Privileges and Immunities of the European Communities annexed to the Treaty establishing a Single Council and a Single Commission of the European Communities. CHAPTER VIII AMENDMENT OF THE STATUTE AND COMPLEMENTARY LEGISLATION ARTICLE 41 Simplified amendment procedure 41.1. In accordance with Article 106(5) of this Treaty, Articles 5.1, 5.2, 5.3, 17, 18, 19.1, 22, 23, 24, 26, 32.2, 32.3, 32.4, 32.6, 33.1(a) and 36 of this Statute may be amended by the Council, acting either by a qualified majority on a recommendation from the ECB and after consulting the Commission, or unanimously on a proposal from the Commission and after consulting the ECB. In either case the assent of the European Parliament shall be required. 41.2. A recommendation made by the ECB under this Article shall require a unanimous decision by the Governing Council. ARTICLE 42 Complementary legislation In accordance with Article 106(6) of this Treaty, immediately after the decision on the date for the beginning of the third stage, the Council, acting by a qualified majority either on a proposal from the Commission and after consulting the European Parliament and the ECB or on a recommendation from the ECB and after con
PREV.   NEXT  
|<   117   118   119   120   121   122   123   124   125   126   127   128   129   130   131   132   133   134   135   136   137   138   139   140   141  
142   143   144   145   146   147   148   149   150   151   152   153   154   155   156   157   158   159   160   161   162   163   >>  



Top keywords:

ARTICLE

 
European
 
Council
 

Commission

 
consulting
 
Article
 
recommendation
 

secrecy

 

legislation

 

decision


conditions
 

Treaty

 

Single

 

covered

 
obligation
 
Communities
 

members

 

accordance

 

President

 
Privileges

immunities
 

required

 

proposal

 

Member

 
acting
 

qualified

 

States

 
majority
 

Parliament

 
LEGISLATION

AMENDMENT
 

STATUTE

 

COMPLEMENTARY

 

Governing

 

beginning

 
annexed
 

establishing

 

CHAPTER

 

Complementary

 
immediately

unanimous

 

amendment

 

Statute

 

Immunities

 
Simplified
 

procedure

 

assent

 
amended
 

Articles

 

unanimously