localisation of assets

Defined in Article 1, Directive 2002/83/EC

Uses as of 15/01/2003

Definitions over time (1)

  1. 19/12/2002 – 01/05/2004 applies on 15/01/2003 Article 1, Directive 2002/83/EC Scope: Whole act

    (p) ‘localisation of assets’ shall mean the existence of assets, whether movable or immovable, within a Member State but shall not be construed as involving a requirement that movable assets be deposited or that immovable assets be subjected to restrictive measures such as the registration of mortgages; assets represented by claims against debtors shall be regarded as situated in the Member State where they are realisable;

Other definitions of this term in this act (1)

Each has its own scope, dates and uses. Open one to see when it applies.

Used in (2 places in 2 provisions on 15/01/2003)

Directive 2002/83/EC (2 in 2)

Article 1 · Article 20

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