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Recital 2

Recital 2

(2)The adoption of the euro by Lithuania on 1 January 2015 4 resulting in the participation of the Lithuanian national competent authority in the Single Supervisory Mechanism means that the Lithuanian national competent authority needs to be included in one of the four groups referred to in recital 1, in accordance with the rules laid down in second and fifth sentences of Article 11.3 of the Rules of Procedure.

  1. 4 Council Decision 2014/509/EU of 23 July 2014 on the adoption by Lithuania of the euro on 1 January 2015 ( OJ L 228, 31.7.2014, p. 29 ). ↩
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