(56)The management of the Authority should be entrusted to an Executive Director, who should have the right to participate in meetings of the Board of Supervisors and the Management Board without the right to vote.
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New version applies from 02/07/2014 — introduced by Bank Recovery and Resolution Directive (BRRD).
76 provisions change.
Later versions: 19/08/2014, 12/01/2016, 30/03/2019, 01/01/2020, 26/06/2021, 30/12/2024, 10/11/2025, 31/12/2025.
Recital 56 changes in this version: compare with the current text.