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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. Recital 17 changes in this version: compare with the current text.

Recital 17

Recital 17

(17)Whereas, in the event of insolvency proceedings against a participant in a system, this Directive furthermore aims at determining which insolvency law is applicable to the rights and obligations of that participant in connection with its participation in a system;

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