Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Version date: 20 July 2017 - onwards
  Version 3 of 3    

Article 122 Amendment to Directive 2011/35/EU

As of 20 July 2017 this text has been repealed

In Article 1 of Directive 2011/35/EU, the following paragraph is added:

'4. Member States shall ensure that this Directive does not apply to the company or companies which are the subject of the use of resolution tools, powers and mechanisms provided for in Title IV of Directive 2014/59/EU of the European Parliament and of the Council [Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms and amending Council Directive 82/891/EEC and Directives 2001/24/EC, 2002/47/EC, 2004/25/EC, 2005/56/EC, 2007/36/EC, 2011/35/EU, 2012/30/EU and 2013/36/EU, and Regulations (EU) No 1093/2010 and (EU) No 648/2012, of the European Parliament and of the Council (OJ L 173, 12.6.2014, p. 190).].'.