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Recital 3

Recital 3

(3)In accordance with Article 48(4) of Regulation (EU) No 1093/2010 as amended, the Council, on the basis of a proposal drawn up by the Board of Supervisors of the EBA, and with the assistance of the Commission, and taking into account the evaluation of that Board of Supervisors, may extend the term of office of the Chairperson.

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