(5)To facilitate the decision-making process a delegation decision is necessary regarding the adoption of decisions regarding mergers, divisions or acquisitions of material holdings. The Court of Justice of the European Union has recognised delegation of authority to be necessary to enable an institution required to adopt a considerable number of decisions to perform its duties. Similarly, it has recognised the need to ensure that decision-making bodies are able to function as a principle inherent to all institutional systems 5 .
Recital 5
- 5 See, for example, judgment of the Court of Justice of 23 September 1986, AKZO Chemie v Commission , C-5/85, ECLI:EU:C:1986:328, paragraph 37; and judgment of the Court of Justice of 26 May 2005, Carmine Salvatore Tralli v ECB , C-301/02 P, ECLI:EU:C:2005:306, paragraph 59. ↩