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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 5 changes in this version: compare with the current text.

Article 5 - Chair and Vice-Chair

Article 5
Chair and Vice-Chair

1. The Administrative Board shall designate its Chair and its Vice-Chair.

2. The Chair shall ensure the functioning of the Administrative Board, the efficient examination of reviews and adherence to the Operating Rules.

3. The Vice-Chair shall assist the Chair in the performance of their duties and shall take their place when the latter is prevented from acting or at the request of the Chair, to ensure the functioning of the Administrative Board.

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