1. European
  2. Legislation (EU)
  3. EU Directives
  4. 2001
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  1. Directive 2001/34/EC - Consolidated and Admissions and Reporting Directive (CARD) (also known as Listing Directive)
  2. Title VII Contact Committee (arts. 108-109)
  3. Chapter II Adaptation of the amount of equity market capitalisation (art. 109)
  4. Article 109
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Version status: Amended | Document consolidation status: Updated to reflect all known changes
Version date: 13 April 2005 - onwards
  Version 3 of 3    

Article 109

Proposed changes

1. For the purpose of adjusting, in the light of the requirements of the economic situation, the minimum amount of the foreseeable market capitalisation laid down in Article 43(1), the Commission shall submit to the European Securities Committee instituted by Commission Decision 2001/528/EC of 6 June 2001 [OJ L 191, 13.7.2001, p. 45. Decision as amended by Decision 2004/8/EC (OJ L 3, 7.1.2004, p. 33).] a draft of the measures to be taken.

2. Where reference is made to this paragraph, Articles 5 and 7 of Council Decision 1999/468/EC of 28 June 1999 laying down the procedures for the exercise of implementing powers conferred on the Commission [OJ L 184, 17.7.1999, p. 23.] shall apply, having regard to Article 8 thereof.

The period laid down in Article 5(6) of Decision 1999/468/EC shall be set at three months.

3. The Committee shall adopt its rules of procedure.

 

Comparing proposed amendment...
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