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New version applies from 02/07/2014 — introduced by Bank Recovery and Resolution Directive (BRRD). 37 provisions change. Article 24 moves to another heading in this version: compare.

Article 24 - Lex rei sitae

Article 24
Lex rei sitae

The enforcement of proprietary rights in instruments or other rights in such instruments the existence or transfer of which presupposes their recording in a register, an account or a centralised deposit system held or located in a Member State shall be governed by the law of the Member State where the register, account, or centralised deposit system in which those rights are recorded is held or located.

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