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Recital 1

Recital 1

(1)Directive 94/19/EC of the European Parliament and of the Council 3 has been substantially amended 4 . Since further amendments are to be made, that Directive should be recast in the interests of clarity.

  1. 3 Directive 94/19/EC of the European Parliament and of the Council of 30 May 1994 on deposit-guarantee schemes ( OJ L 135, 31.5.1994, p. 5 ). ↩
  2. 4 See Annex III. ↩
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