(49)Provision should be made for a system of penalties to be imposed when, in the Member State in which the commitment is entered into, an assurance undertaking does not comply with those provisions protecting the general good that are applicable to it.
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New version applies from 01/01/2016 — introduced by Directive 2013/58/EU.
145 provisions change.
Recital 49 is deleted from 01/01/2016.