Document ID: 02010D0004(01)-20230501
Language: ENG

02010D0004(01) — EN — 01.05.2023 — 002.001
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<table><col/><col/><tr><td><p><a>&#9658;B</a></p></td><td><p>                        DECISION OF THE EUROPEAN CENTRAL BANK</p><p>of 10 May 2010</p><p>concerning the management of pooled bilateral loans for the benefit of the Hellenic Republic and amending Decision ECB/2007/7</p><p>(ECB/2010/4)</p><p><a>(2010/275/EU)</a></p><p>(OJ L 119 13.5.2010, p. 24)</p></td></tr></table>
Amended by:
<table><col/><col/><col/><col/><col/><tr><td><p>&#160;</p></td><td><p>&#160;</p></td><td><p>Official Journal</p></td></tr><tr><td><p>&#160;&#160;No</p></td><td><p>page</p></td><td><p>date</p></td></tr><tr><td><p><a>&#160;M1</a></p></td><td><p><a>                              DECISION (EU) 2022/435 OF THE EUROPEAN CENTRAL BANK                           &#160;of 8&#160;March 2022</a></p></td><td><p>&#160;&#160;L&#160;88</p></td><td><p>196</p></td><td><p>16.3.2022</p></td></tr><tr><td><p><a>&#9658;M2</a></p></td><td><p><a>                              DECISION (EU) 2023/815 OF THE EUROPEAN CENTRAL BANK                           &#160;of 28&#160;March 2023</a></p></td><td><p>&#160;&#160;L&#160;102</p></td><td><p>20</p></td><td><p>17.4.2023</p></td></tr></table>
DECISION OF THE EUROPEAN CENTRAL BANK
of 10 May 2010
concerning the management of pooled bilateral loans for the benefit of the Hellenic Republic and amending Decision ECB/2007/7
(ECB/2010/4)
(2010/275/EU)
Article 1
Amendment to Decision ECB/2007/7
Article 1(2) of Decision ECB/2007/7 is replaced by the following:
‘2. The ECB may only accept central banks, European and international organisations, and, pursuant to an ad-hoc decision of the Governing Council, central governments of the European Union Member States or public entities designated by such central governments to act on their behalf as customers.’
Article 2
Opening of an account
The ECB shall, in connection with the Loan Facility Agreement, and upon request by the European Commission, open an account in the name of the Lenders.
Article 3
Acceptance of payments on the account
The ECB shall only accept payments to be made from or to the account in the name of the Lenders, if those payments arise in connection with the Loan Facility Agreement.
Article 4
Acceptance of instructions
The ECB shall, in relation to the account in the name of the Lenders, only accept and act upon the European Commission’s instructions and shall not accept any instructions from an individual Lender.
Article 5
Remuneration
The account maintained with the ECB in the name of the Lenders shall be remunerated in accordance with the provisions of Article 2(1) of Decision (EU) 2019/1743 of the European Central Bank (ECB/2019/31) ( 1 ).
Article 6
Entry into force
This Decision shall enter into force on 12 May 2010.
<note>
( 1 ) Decision (EU) 2019/1743 of the European Central Bank of 15 October 2019 on the remuneration of holdings of excess reserves and of certain deposits (ECB/2019/31) (OJ L 267, 21.10.2019, p. 12).
</note>