Decision of the European Central Bank of 12 October 1999 concerning the Rules of Procedure of the Executive Board of the European Central Bank (ECB/1999/7)

DECISION OF THE EUROPEAN CENTRAL BANK
of 12 October 1999
concerning the Rules of Procedure of the Executive Board of the European Central Bank
(ECB/1999/7)
(1999/811/EC)
THE EXECUTIVE BOARD OF THE EUROPEAN CENTRAL BANK
,
Having regard to the Rules of Procedure of the European Central Bank and in particular to Articles 8 and 24 thereof;
Whereas, with a view to ensuring that ECB Decisions can be adopted by the Executive Board at any time, it is necessary to establish a regime for the adoption of Decisions by means of teleconferencing and a regime for the delegation of powers, both of which preserve the principle of the collective responsibility of the Executive Board,