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New version applies from 30/04/2004 — introduced by Markets in Financial Instruments Directive (MIFID). 23 provisions change. Later versions: 13/04/2005, 20/07/2006. Article 13 changes in this version: compare with the current text.

Article 13

Article 13

The Commission shall as soon as possible submit to the Council proposals for capital requirements in respect of commodities trading, commodity derivatives and units of collective-investment undertakings.

The Council shall decide on the Commission's proposals no later than six months before the date of application of this Directive.

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