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New version applies from 20/03/2008 — introduced by Directive 2008/22/EC. 87 provisions change. Later versions: 04/01/2011, 26/11/2013, 18/03/2021, 05/01/2023, 09/01/2024. Recital 17 changes in this version: compare with the current text.

Recital 17

Recital 17

(17)Appropriate liability rules, as laid down by each Member State under its national law or regulations, should be applicable to the issuer, its administrative, management or supervisory bodies, or persons responsible within the issuer. Member States should remain free to determine the extent of the liability.

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