provision

Defined in Article 2, Directive 2002/47/EC

Uses as of 19/10/2016

Definitions over time (1)

1. 30/06/2009 – 12/08/2022 applies on 19/10/2016 Article 2, Directive 2002/47/EC Scope: Whole act

   References in this Directive to financial collateral being ‘provided’, or to the ‘provision’ of financial collateral, are to the financial collateral being delivered, transferred, held, registered or otherwise designated so as to be in the possession or under the control of the collateral taker or of a person acting on the collateral taker's behalf. ►M1 Any right of substitution, right to withdraw excess financial collateral in favour of the collateral provider or, in the case of credit claims, right to collect the proceeds thereof until further notice, shall not prejudice the financial collateral having been provided to the collateral taker as mentioned in this Directive. ◄

Used in (39 places in 15 provisions on 19/10/2016)

Directive 2002/47/EC (39 in 15)

Recital 3 · Recital 5² · Recital 6 · Recital 10⁴ · Recital 12 · Recital 16³ · Article 1⁷ · Article 2⁵ · Article 3³ · Article 5 · Article 6 · Article 7² · Article 8⁴ · Article 9² · Article 11²