The competent authorities shall ensure that the calculations justifying compliance with Articles 4 and 5 are made, not less than twice each year, either by electronic money institutions themselves, which shall communicate them, and any component data required, to the competent authorities, or by competent authorities, using data supplied by the electronic money institutions.
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New version applies from 30/04/2011 — introduced by Directive 2009/110/EC.
32 provisions change.
Article 6 is deleted from 30/04/2011.