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Recital 4

Recital 4

(4)The surplus or deficit should be determined by deducting the actual annual costs of the supervisory tasks incurred for 2016, as reflected in the ECB's Annual Accounts for 2016 3 , from the estimated annual costs levied for 2016 set out in the Annex to Decision (EU) 2016/661 of the European Central Bank (ECB/2016/7) 4 .

  1. 4 Decision (EU) 2016/661 of the European Central Bank of 15 April 2016 on the total amount of annual supervisory fees for 2016 (ECB/2016/7) ( OJ L 114, 28.4.2016, p. 14 ). ↩
  2. 3 Published on the ECB's website at www.ecb.europa.eu in February 2017. ↩
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