2.The power to adopt the delegated acts referred to in Articles 12, 14, 23, 33, 43, 51, 60, 61, 62, 64, 75, 78, 81, 95 and 111 shall be conferred on the Commission for a period of 4 years from 4 January 2011. The power to adopt the delegated acts referred to in Article 50a shall be conferred on the Commission for a period of 4 years from 21 July 2011. The Commission shall draw up a report in respect of delegated powers at the latest 6 months before the end of the 4-year period. The delegation of power shall be automatically extended for periods of an identical duration, unless the European Parliament or the Council revokes them in accordance with Article 112a.
3.As soon as it adopts a delegated act, the Commission shall notify the European Parliament and the Council thereof simultaneously.
4.The power to adopt delegated acts is conferred on the Commission subject to the conditions laid down in Articles 112a and 112b.
1. The Commission shall be assisted by the European Securities Committee established by Commission Decision 2001/528/EC.2001/528/EC (^{31}).