CELEX: 11992M/PRO/SEBC/16
Language: en
Date: 1992-02-07 00:00:00
Title: Treaty on European Union - Protocol on the statute of the european system of central banks and of the European Central Bank - Chapter III: Organisation of the ESCB - Article 16: Banks notes

Avis juridique important

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11992M/PRO/SEBC/16

Treaty on European Union - Protocol on the statute of the european system of central banks and of the European Central Bank - Chapter III: Organisation of the ESCB - Article 16: Banks notes  

Official Journal C 191 , 29/07/1992 P. 0072

 Article 16  Bank notes In accordance with Article 105a(1) of this Treaty, the Governing Council shall have the exclusive right to authorize the issue of bank notes within the Community. The ECB and the national central banks may issue such notes. The bank notes issued by the ECB and the national central banks shall be the only such notes to have the status of legal tender within the Community.  The ECB shall respect as far as possible existing practices regarding the issue and design of bank notes.  CHAPTER IV MONETARY FUNCTIONS AND OPERATIONS OF THE ESCB