right of use

Defined in Article 2, Directive 2002/47/EC

Uses as of 07/01/2016

Definitions over time (1)

1. 30/06/2009 – today applies on 07/01/2016 Article 2, Directive 2002/47/EC Scope: Whole act

   ‘right of use’ means the right of the collateral taker to use and dispose of financial collateral provided under a security financial collateral arrangement as the owner of it in accordance with the terms of the security financial collateral arrangement;

Used in (4 places in 3 provisions on 07/01/2016)

Directive 2002/47/EC (4 in 3)

Recital 19 · Article 2 · Article 5²