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New version applies from 30/06/2009 — introduced by Directive 2009/44/EC. 40 provisions change. Later versions: 04/01/2011, 16/08/2012, 17/09/2014, 27/06/2019, 08/04/2024. Article 1 changes in this version: compare with the current text.

View as of 30/06/2009 What changes

Article 1 - The provisions of this Directive shall apply to:

Article 1

The provisions of this Directive shall apply to:

›

(a)

any system as defined in Article 2(a), governed by the law of a Member State and operating in any currency, the ecu or in various currencies which the system converts one against another,

(b)

any participant in such a system;

(c)

collateral security provided in connection with:

—

participation in a system, or

—

operations of the central banks of the Member States in their functions as central banks.