2007/43/EC: Decision of the European Central Bank of 15 December 2006 laying down the measures necessary for the paying-up of the European Central Bank's capital by the participating national central banks ( ECB/2006/22 )
Date: 2006-12-15
Institutions: European Central Bank
Subjects: European Central Bank, European System of Central Banks, Member States' contribution, banking, banking policy, central bank, participating country (euro area)

31.1.2007

EN

Official Journal of the European Union

L 24/3

DECISION OF THE EUROPEAN CENTRAL BANK

of 15 December 2006

laying down the measures necessary for the paying-up of the European Central Bank's capital by the
participating national central banks

(ECB/2006/22)

(2007/43/EC)

THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK,

(6)

Having regard to the Statute of the European System of Central
Banks and of the European Central Bank, and in particular
Article 28.3 thereof,

In accordance with Decision ECB/2006/30 of 30 December
2006 on Banka Slovenije's paying-up of capital, transfer of
foreign reserve assets and contribution to the European
Central Bank's reserves and provisions (5) Banka Slovenije is
under an obligation to pay up the remaining share of its
subscription to the ECB's capital with effect from 1 January
2007, taking into account the expanded capital key,

Whereas:

(1) Decision ECB/2004/6 of 22 April 2004 laying down the
measures necessary for the paying-up of the European
Central Bank's capital by the participating national central
banks (1) determined how and to what extent the national
central banks (NCBs) of
the Member States that have
adopted the euro (hereinafter the ‘participating NCBs’) were
under an obligation to pay up the European Central Bank's
(ECB's) capital on 1 May 2004.

HAS DECIDED AS FOLLOWS:

Article 1

Extent and form of paid-up capital

In view of the accession of Bulgaria and Romania to the
European Union and their respective NCBs joining the
European System of Central Banks (ESCB) on 1 January
2007, Decision ECB/2006/21 of 15 December 2006 on the
national central banks' percentage shares in the key for
subscription to the European Central Bank's capital (2)
establishes with effect
from 1 January 2007 the new
weightings assigned to each NCB that will be a member of
the ESCB on 1 January 2007 in the key for subscription to
the ECB's expanded capital
(hereinafter the ‘capital key
weightings’ and the ‘capital key’ respectively).

Each participating NCB shall pay up its subscription to the ECB's
capital
in full with effect from 1 January 2007. Taking into
account the capital key weightings described in Article 2 of
Decision ECB/2006/21, each participating NCB shall pay up with
effect from 1 January 2007 the amount shown next to its name
in the following table:

ECB's

The
5 760 652 402,58 with effect from 1 January 2007.

subscribed

capital

will

be

Participating NCB

EUR

Nationale Bank van België/Banque Nationale de
Belgique

The expanded capital key requires the adoption of a new
ECB decision repealing Decision ECB/2004/6 with effect
from 1 January 2007 and determining how and to what
extent the participating NCBs are under an obligation to
pay up the ECB's capital with effect from 1 January 2007.

Pursuant to Article 1 of Council Decision 2006/495/EC of
11 July 2006 in accordance with Article 122(2) of the
Treaty on the adoption by Slovenia of the single currency
on 1 January 2007 (3), the derogation in favour of Slovenia
referred to in Article 4 of the 2003 Act of Accession (4) is
abrogated with effect from 1 January 2007.

(1) OJ L 205, 9.6.2004, p. 7.
(2) See page 1 of this Official Journal.
(3) OJ L 195, 15.7.2006, p. 25.
(4) OJ L 236, 23.9.2003, p. 33.

Deutsche Bundesbank

Bank of Greece

Banco de España

Banque de France

Central Bank and Financial Services Authority of
Ireland

Banca d'Italia

Banque centrale du Luxembourg

De Nederlandsche Bank

Oesterreichische Nationalbank

Banco de Portugal

Banka Slovenije

Suomen Pankki

(5) See page 17 of this Official Journal.

(EUR)

142 334 199,56

1 182 149 240,19

104 659 532,85

434 917 735,09

828 813 864,42

51 183 396,60

721 792 464,09

9 073 027,53

224 302 522,60

116 128 991,78

98 720 300,22

18 399 523,77

71 708 601,11

(2)

(3)

(4)

(5)

L 24/4

EN

Official Journal of the European Union

31.1.2007

Article 2

Adjustment of paid-up capital

1. Given that each participating NCB, with the exception of
Banka Slovenije, has already paid up its full share in the ECB's
subscribed capital as applicable until 31 December 2006 under
Decision ECB/2004/6, each of them, with the exception of Banka
Slovenije, shall either transfer an additional amount to the ECB,
or receive an amount back from the ECB, as appropriate, in order
to arrive at the amounts shown in the table in Article 1. The
paying-up of capital by Banka Slovenije is regulated by Decision
ECB/2006/30.

2. All transfers pursuant to this Article shall be made in
accordance with Decision ECB/2006/23 of 15 December 2006
the
laying down the terms and conditions for transfers of
European Central Bank's capital shares between the national
central banks and for the adjustment of the paid-up capital (1).

Article 3

Final provisions

1. This Decision shall enter into force on 1 January 2007.

2. Decision ECB/2004/6 is hereby repealed with effect from 1
January 2007.

3. References to Decision ECB/2004/6 shall be construed as
being made to this Decision.

Done at Frankfurt am Main, 15 December 2006.

The President of the ECB

Jean-Claude TRICHET

(1) See page 5 of this Official Journal.