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New version applies from 17/09/2019 — introduced by Decision (EU) 2019/1378 of the ECB. 25 provisions change. Later versions: 17/05/2023. Article 21 changes in this version: compare with the current text.

Article 21 - Costs orders

Article 21
Costs orders

1. The costs of the review shall comprise the reasonable costs incurred for the review.

2. After notification of the new decision by the Governing Council or after the applicant has withdrawn the notice of review, the Supervisory Board shall propose the proportion of costs to be borne by the applicant. The applicant shall be entitled to make representations in this regard.

3. Any disproportionate costs incurred by the applicant in submitting written or oral evidence and in respect of legal representation shall be borne by the applicant.

4. No cost shall be borne by the applicant in cases in which the Governing Council abrogates or amends the initial decision as a consequence of the notice of review. This shall not apply to any disproportionate costs incurred by the applicant in submitting written or oral evidence and in respect of legal representation, which shall be borne by the applicant.

5. The Governing Council shall decide on the apportionment of costs in accordance with the procedure laid down in Article 13g.2 of the Rules of Procedure of the European Central Bank.

6. Costs, if ordered, must be paid within 20 working days.

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