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New version applies from 03/01/2024 — introduced by Decision (EU) 2023/2795 of the ECB. 7 provisions change. Later versions: 01/06/2025. Article 4 changes in this version: compare with the current text.

Article 4 - Financial arrangements

Article 4
Financial arrangements

Participating central banks and participating competent authorities shall bear the costs of developing and operating the respective ESCB service in accordance with a defined reimbursement framework, which is based on a cost allocation key, as further specified in the respective financial envelopes following the applicable reimbursement rules. Where relevant, cooperating authorities shall contribute to the costs of the respective ESCB service in accordance with a specific reimbursement framework.

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