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Article 50

Article 50

1.Five years after the date referred to in Article 49 (2), the Council, acting on a proposal from the Commission, shall examine and if need be revise Articles 1 (1) (d) (second subparagraph), 4 (2), 5, 6, 7 (1), 12, 43 and 44 in the light of the experience acquired in applying this Directive, the aims of this Directive and the economic and monetary situation at the time.

2.Paragraph 1 above shall not affect Article 53 (2) of Directive 78/660/EEC.

Official text · consolidated version 29/06/2006 (no longer in force) Open full page ↗
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