Article 1 
The Agreement in the form of an Exchange of Letters between the European Community and the Swiss Confederation on the date of application of the Agreement between the European Community and the Swiss Confederation providing for measures equivalent to those laid down in Council Directive 2003/48/EC of 3 June 2003 on taxation of savings income in the form of interest payments is hereby approved on behalf of the Community. The text of the Agreement in the form of an Exchange of Letters is attached to this Decision.
Article 2 
The President of the Council is hereby authorised to designate the person(s) empowered to sign the Agreement in order to bind the Community.