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Article 11 - Consultation of competent authorities before voluntary winding up

Comparing 05/05/2001 → 02/07/2014: 0 added, 0 removed, 0 changed Close comparison

1.The competent authorities of the home Member State shall be consulted in the most appropriate form before any voluntary winding-up decision is taken by the governing bodies of a credit institution.

2.The voluntary winding up of a credit institution shall not preclude the adoption of a reorganisation measure or the opening of winding-up proceedings.

Official text · consolidated version 02/07/2014 (in force) Open full page ↗
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