natgillin/translations-raw huggingface dataset:
2.1.2 ÐñïóùðéêÞ áíåîáñôçóßá Ôï ¢ ñèñï 21 ôïõ Íüìïõ ôïõ 1942 ãéá ôçí ÊåíôñéêÞ ÔñÜðåæá äåí Þôáí ðëÞñùò åíáñìïíéóìÝíï ìå ôïõò ëüãïõò ðïõ ðñïâëÝðïíôáé óôï ¢ ñèñï 14.2 ôïõ Êáôáóôáôéêïý , ùò ðñïò ôïõò ëüãïõò ðáýóçò ôïõ ÄéïéêçôÞ , ï ïðïßïò ìðïñåß íá ðáõèåß  áéôéïëïãçìÝíùò .
2.1.3 Financial independence The power of the Minister for Finance under Article 23 of the Central Bank Act 1989 to regulate the periodical determination and distribution of surplus income needed to be adapted by means of the addition of a safeguard clause to prevent it from impeding the proper performance of ESCB-related tasks .
Ôï ¢ ñèñï 7 ( ôïõ íÝïõ íüìïõ ) áíôéìåôùðßæåé ôï æÞôçìá áõôü , áíáöÝñïíôáò ñçôþò ôï  óïâáñü ðáñÜðôùìá  ùò áéôßá áðïìÜêñõíóçò êáé ðñïâëÝðïíôáò üôé êÜèå áðüöáóç áðïìÜêñõíóçò ôïõ ÄéïéêçôÞ ìðïñåß íá ðñïóâëçèåß åíþðéïí ôïõ Åõñùðáúêïý Äéêáóôçñßïõ êáôÜ ôñüðïí êáé ãéá ëüãïõò ðïõ óõìöùíïýí ìå ôï ¢ ñèñï 14.2 ôïõ Êáôáóôáôéêïý .
Article 12 ( new law ) adapts this power of the Minister by requiring him / her to have regard to the Bank s powers , functions and duties under the Treaty and the Statute .
Ôï ¢ ñèñï 4 ( ôïõ íÝïõ íüìïõ ) áßñåé áõôÞ ôçí áóõìâáôüôçôá ðñïâëÝðïíôáò üôé ôçí áðïêëåéóôéêÞ åîïõóßá êáé áñìïäéüôçôá íá åðéôåëåß êáé íá áóêåß êÜèå ëåéôïõñãßá , êáèÞêïí Þ åîïõóßá ôçò ÔñÜðåæáò ðïõ áðïññÝåé áðü ôç ÓõíèÞêç Þ ôï Êáôáóôáôéêü Ý ÷ åé ï ÄéïéêçôÞò Þ , óå ðåñßðôùóç áðïõóßáò ôïõ , ï Ãåíéêüò ÄéåõèõíôÞò ôçò ÔñÜðåæáò .
2.1.2 Personal independence 2.2.1 Statutory objective Article 21 of the Central Bank Act 1942 was not fully in line with the grounds specified in Article 14.2 of the Statute with regard to the grounds for dismissal of the Governor , who may be dismissed for cause stated .
2.1.3 ÏéêïíïìéêÞ áíåîáñôçóßá Ôï äéêáßùìá ôïõ Õðïõñãïý Ïéêïíïìéêþí , óýìöùíá ìå ôï ¢ ñèñï 23 ôïõ Íüìïõ ôïõ 1989 ãéá ôçí ÊåíôñéêÞ ÔñÜðåæá , íá ñõèìßæåé ôïí ðåñéïäéêü êáèïñéóìü êáé äéáíïìÞ ôùí ðëåïíáóìÜôùí Ýðñåðå íá ôñïðïðïéçèåß ìå ôçí ðñïóèÞêç äéáóöáëéóôéêÞò ñÞôñáò ðïõ íá åããõÜôáé üôé ôï äéêáßùìá áõôü äåí èá ðáñáêùëýåé ôçí ïñèÞ åêôÝëåóç ôùí êáèçêüíôùí ðïõ ó ÷ åôßæïíôáé ìå ôï ÅÓÊÔ .
Article 7 ( new law ) addresses this issue by making express reference to serious misconduct as a ground for dismissal and by including a provision which states that any decision to remove the Governor is subject to referral to the European Court of Justice in such a manner and for such reasons as are consistent with Article 14.2 of the Statute .
Åðßóçò , ôï ¢ ñèñï 16 ðñïâëÝðåé ñçôþò üôé áõôÜ ôá ôñáðåæïãñáììÜôéá êáé ôá ôñáðåæïãñáììÜôéá ðïõ åêäßäïíôáé áðü ôçí ÅÊÔ óýìöùíá ìå ôï ¢ ñèñï 105Á ôçò ÓõíèÞêçò áðïôåëïýí íüìéìï ÷ ñÞìá óôçí Éñëáíäßá ãéá ðÜóçò öýóåùò ðëçñùìÝò áíåîáñôÞôùò ðïóïý .
In relation to the Bank s non-executive Directors , there were no arrangements in place to ensure that no conflicts of interest could arise in their performance of ESCBrelated tasks .
2.2.4 ÓõíáëëáãìáôéêÞ ðïëéôéêÞ ÄéáôÜîåéò ôùí Íüìùí ôïõ 1942 êáé 1989 ãéá ôçí ÊåíôñéêÞ ÔñÜðåæá ðáñåß ÷ áí óôïí Õðïõñãü Ïéêïíïìéêþí ôï äéêáßùìá íá êáèïñßæåé ôéò óõíáëëáãìáôéêÝò éóïôéìßåò êáé äåí áíáãíþñéæáí ôéò áñìïäéüôçôåò ôçò Êïéíüôçôáò óôï óõãêåêñéìÝíï ôïìÝá óôï Ôñßôï ÓôÜäéï . Ìå ôï ¢ ñèñï 13 ( ôïõ íÝïõ íüìïõ ) ïé äéáôÜîåéò áõôÝò êáôáñãïýíôáé .
Article 4 ( new law ) overcomes this by providing that sole authority and responsibility for the performance and exercise of any of the Bank s functions , duties or powers under the Treaty or the Statute shall The Bank s statutory objective neither reflected the primacy of the ESCB s statutory objective nor anticipated the Bank s integration in the ESCB .
2.2.1 Êáôáóôáôéêüò óêïðüò Ï êáôáóôáôéêüò óêïðüò ôçò ÔñÜðåæáò äåí áíôáíáêëïýóå ôçí ðñïôåñáéüôçôá ôïõ êáôáóôáôéêïý óêïðïý ôïõ ÅÓÊÔ ïýôå ðñïÝâëåðå ôçí Ýíôáîç ôçò ÔñÜðåæáò óôï ÅÓÊÔ . Ôï ¢ ñèñï 5 ( ôïõ íÝïõ íüìïõ ) ñõèìßæåé áõôü ôï óçìåßï , ïñßæïíôáò ñçôþò üôé ðñùôáñ ÷ éêüò óêïðüò ôçò ÔñÜðåæáò , êáôÜ ôçí åêôÝëåóç ôùí ëåéôïõñãéþí ôçò ùò ìÝñïõò ôïõ ÅÓÊÔ , åßíáé ç äéáôÞñçóç ôçò óôáèåñüôçôáò ôùí ôéìþí .
Article 5 ( new law ) addresses this point by expressly providing that the primary objective of the Bank , in discharging its functions as part of the ESCB , shall be to maintain price stability .
2.2.2 ÊáèÞêïíôá ¹ ôáí áðáñáßôçôï íá äïèïýí óõãêåêñéìÝíåò íÝåò åîïõóßåò óôçí ÔñÜðåæá ãéá íá ôçò åðéôñÝøïõí íá óõììåôÜó ÷ åé óôï ÅÓÊÔ êáé íá åêðëçñþóåé ôéò õðï ÷ ñåþóåéò ôçò , üðùò áõôÝò ïñßæïíôáé áðü ôç ÓõíèÞêç .
2.2.2 Tasks It was necessary to confer specific new powers on the Bank in order to enable it to participate in the ESCB and fulfil the obligations laid down in the Treaty .
Ôá ¢ ñèñá 4 êáé 5 ( ôïõ íÝïõ íüìïõ ) ðåñéÝ ÷ ïõí äéáôÜîåéò ðïõ äßäïõí áõôÞ ôç äõíáôüôçôá .
Articles 4 and 5 ( new law ) contain provisions to enable this to be achieved .
2.2.3 ¸ êäïóç ôñáðåæïãñáììáôßùí Ôï áðïêëåéóôéêü äéêáßùìá ôçò ÔñÜðåæáò íá åêäßäåé ôñáðåæïãñáììÜôéá äåí áíáãíþñéæå ôçí áñìïäéüôçôá ôçò ÅÊÔ óôïí ôïìÝá áõôü .
2.2.3 Issuance of banknotes The Bank s exclusive right to issue banknotes did not recognise the ECB s competences in this field .
Ôï ¢ ñèñï 6 ( ôïõ íÝïõ íüìïõ ) áíôéìåôùðßæåé áõôü ôï æÞôçìá êáé ðñïâëÝðåé üôé ç ÔñÜðåæá , ìå ôçí Ýãêñéóç ôçò ÅÊÔ , ìðïñåß íïìßìùò íá åêäßäåé ôñáðåæïãñáììÜôéá óå ëßñåò Éñëáíäßáò êáé óå ïðïéïäÞðïôå Üëëï íüìéóìá ðïõ èá ðåñéëáìâáíüôáí óå ó ÷ åôéêÞ Üäåéá ôçò ÅÊÔ êáé ôá ôñáðåæïãñáììÜôéá áõôÜ èá áðïôåëïýí Ôá äéêáéþìáôá ôïõ Õðïõñãåßïõ Ïéêïíïìéêþí ùò ðñïò ôçí Ýêäïóç êåñìÜôùí äåí áíáãíþñéæáí ôéò áñìïäéüôçôåò ôçò ÅÊÔ óôïí ôïìÝá áõôü .
Article 16 ( new law ) addresses this point by providing that it shall be lawful for the Bank , with the authorisation of the ECB , to issue legal tender banknotes denominated in Irish pounds and any other denomination for which the ECB has authorised the issuance .
Ôï ¢ ñèñï 14 ( ôïõ íÝïõ íüìïõ ) áíôéìåôùðßæåé áõôü ôï æÞôçìá ôñïðïðïéþíôáò ôï Íüìï ôïõ 1969 ãéá ôç ìåôáôñïðÞ ôïõ íïìßóìáôïò óôï äåêáäéêü óýóôçìá , Ýôóé þóôå ç Ýêäïóç êåñìÜôùí áðü ôïí Õðïõñãü Ïéêïíïìéêþí ìÝóù ôçò ÔñÜðåæáò íá õðüêåéôáé óôçí Ýãêñéóç ôçò ÅÊÔ ùò ðñïò ôïí üãêï ôùí åêäéäüìåíùí êåñìÜôùí .
In addition , Article 16 expressly provides that such banknotes and banknotes issued by the ECB in accordance with Article 105a of the Treaty shall be legal tender in Ireland for payments of any amount .
Ôï äéêáßùìá ôïõ Õðïõñãïý Ïéêïíïìéêþí óýìöùíá ìå ôï ¢ ñèñï 134 ( ôïõ íÝïõ íüìïõ ) íá áíáóôåßëåé ãéá ëüãïõò åèíéêïý óõìöÝñïíôïò ïñéóìÝíåò åìðïñéêÝò óõíáëëáãÝò öáßíåôáé íá áöïñÜ ðñÜîåéò Üëëùí öïñÝùí êáé ü ÷ é ôçò ÔñÜðåæáò êáé äåí ðåñéëáìâÜíåé åñãáóßåò ôçò ÔñÜðåæáò ðïõ ó ÷ åôßæïíôáé ìå ôï ÅÓÊÔ . ÐÜíôùò , ôï óçìåßï áõôü èá ðñÝðåé íá äéåõêñéíéóôåß , þóôå íá áðïêëåéóôåß ôï åíäå ÷ üìåíï êõâåñíçôéêÞò áíÜìéîçò óôéò åñãáóßåò ôçò ÔñÜðåæáò ðïõ áöïñïýí ôï ÅÓÊÔ .
There are , however , two imperfections , which will not jeopardise the overall functioning of the ESCB at the start of Stage Three and which will be addressed in the context of forthcoming legislative changes . - The Minister for Finance s ability under Article 134 ( new law ) to suspend in the national interest certain business transactions seems to refer to operations of entities other than the Bank and not to include the Bank s ( ESCB-related ) operations .
Ç õðï ÷ ñÝùóç ôçò ÔñÜðåæáò íá ëÜâåé ðñïçãïõìÝíùò ôç óõãêáôÜèåóç ôïõ Õðïõñãïý Ïéêïíïìéêþí ðñïêåéìÝíïõ íá áñíçèåß ôçí Ýãêñéóç êáíïíéóìïý óõóôÞìáôïò ðëçñùìþí Þ óôç óõíÝ ÷ åéá íá áíáêáëÝóåé ôçí åí ëüãù Ýãêñéóç , üðùò ðñïâëÝðåôáé óôá ¢ ñèñá 10.1 êáé 13.1 ôïõ Íüìïõ ôïõ 1997 ãéá ôçí ÊåíôñéêÞ ÔñÜðåæá , äåí õðüêåéôáé óå ðåñéïñéóìïýò êáé ìðïñåß óõíåðþò íá åðåêôáèåß óôçí áíÜìéîç ôçò ÔñÜðåæáò óå óõóôÞìáôá ðëçñùìþí óôï ðëáßóéï ôïõ ÅÓÊÔ . ¼ óïí áöïñÜ ôç ëïéðÞ íïìïèåóßá , ï Íüìïò ãéá ôç ìåôáôñïðÞ ôïõ íïìßóìáôïò óôï äåêáäéêü óýóôçìá åðßóçò ðñïóáñìüóôçêå ìÝóù ôïõ íÝïõ íüìïõ .
However , this needs to be clarified in order to avoid any possibility of government interference in the Bank s ESCB-related operations . - The consent of the Minister for Finance , which is required under Articles 10.1 and 13.1 ( b ) of the Central Bank Act 1997 before the Bank may refuse to approve the rules of a payment system or subsequently revoke such approval , is unrestricted and may therefore also extend to the Bank s ESCB-related involvement in payment systems .
Ôï ÅÍÉ äåí Ý ÷ åé õðüøç ôïõ Üëëåò êáôáóôáôéêÝò äéáôÜîåéò ðïõ èá ÷ ñåéÜæïíôáí ðñïóáñìïãÞ âÜóåé ôïõ ¢ ñèñï 108 ôçò ÓõíèÞêçò .
As far as other legislation is concerned , the Decimal Currency Act has also been adapted through the new law .
ÉÔÁËÉÁ 1 Íïìïèåóßá ç ïðïßá åìðßðôåé óôï ¢ ñèñï 108 ôçò ÓõíèÞêçò ÓõíèÞêçò . Ôï íïìïèåôéêü áõôü äéÜôáãìá ( õð  áñéè .
The EMI is not aware of any other statutory provisions which would require adaptation under Article 108 of the Treaty .
3.1998 , åöåîÞò  íïìïèåôéêü äéÜôáãìá ) äçìïóéåýèçêå óôçí Åöçìåñßäá ôçò ÊõâåñíÞóåùò óôéò 14 Ìáñôßïõ 1998 . Ôï äéÜôáãìá áõôü ôñïðïðïéåß äéÜöïñïõò íüìïõò , åíþ ðñïâëÝðåé åðßóçò ôñïðïðïéÞóåéò ôïõ êáôáóôáôéêïý ôçò ÔñÜðåæáò ôçò Éôáëßáò ( åöåîÞò ,  Åóùôåñéêüò Êáíïíéóìüò ) .
2.2.4 Foreign exchange policy Provisions in the Central Bank Acts 1942 and 1989 gave powers to the Minister for Finance to set exchange rates which do not recognise Community competences in this field in Stage Three . Article 13 ( new law ) repealed these provisions .
Ïé ôñïðïðïéÞóåéò ôïõ Åóùôåñéêïý Êáíïíéóìïý ôçò ÔñÜðåæáò , ó ÷ åôéêÜ ìå ôéò ïðïßåò æçôÞèçêå ç ãíþìç ôïõ ÅÍÉ , õéïèåôÞèçêáí áðü ôç ÃåíéêÞ ÓõíÝëåõóç ôùí Ìåôü ÷ ùí ôçò ÔñÜðåæáò óôéò 19 Ìáñôßïõ 1998 êáé èá ôåèïýí óå éó ÷ ý ìüëéò êõñùèïýí ìå Ðñïåäñéêü ÄéÜôáãìá . Ç ÊõâÝñíçóç áíáìÝíåé íá ãßíåé áõôü óôï ðñþôï äåêáðåíèÞìåñï ôïõ Áðñéëßïõ 1998 .
3.1 Decimal Currency Act The rights of the Ministry of Finance with respect to coinage did not recognise the ECB s competences in this field . Article 14 ( new law ) addresses this issue by amending the Decimal Currency Act 1969 , so as to provide that the issuance of coins by the Minister for Finance through the Bank is subject to the ECB s approval of the volume of coins issued .
Óýìöùíá ìå ôï ¢ ñèñï 108 ôçò ÓõíèÞêçò , ÷ ñåéáæüôáí íá ðñïóáñìïóôåß ç áêüëïõèç íïìïèåóßá : ôï êáôáóôáôéêü ôçò ÔñÜðåæáò ôçò Éôáëßáò ( Âáóéëéêü ÄéÜôáãìá 1067 / 11.6.1936 , üðùò éó ÷ ýåé ) , ï êùäéêïðïéçìÝíïò íüìïò ôïõ 1910 ó ÷ åôéêÜ ìå ôéò ÅêäïôéêÝò ÔñÜðåæåò ( Âáóéëéêü ÄéÜôáãìá 204/28 .
The following legislation required adaptation under Article 108 of the Treaty : - statute of the Banca d Italia ( Royal Decree No. 1067 of 11 June 1936 as amended ) ; - the 1910 codified law on the Banks of Issue ( Royal Decree No. 204 of 28 April 1910 as amended ) ;
4.1910 , üðùò éó ÷ ýåé ) , ï Ôßôëïò ÉÉÉ ôïõ Ôñáðåæéêïý Íüìïõ ôïõ 1936 ( Âáóéëéêü ÄéÜôáãìá 375 / 12.3.1936 , üðùò éó ÷ ýåé ) , ôï Âáóéëéêü ÄéÜôáãìá 1284/23 .
- Title III of the 1936 Banking Law ( Royal Decree Law No. 375 of 12 March 1936 as amended ) ; - Royal Decree Law No. 1284 of 23 November 1914 ;
11.1914 , ôï Âáóéëéêü ÄéÜôáãìá 1377/17 .
- Law No. 82 of 7 February 1992 ; - Law No. 483 of 26 November 1993 .
6.1928 , ôï Ðñïåäñéêü ÄéÜôáãìá 811/9 .
Subsequently , the EMI was consulted on a draft legislative decree submitted to it by the Italian Government . This legislative decree ( No. 43 dated 10 March 1998 ;
10.1981 , ôï Ðñïåäñéêü ÄéÜôáãìá 148/31 .
the legislative decree ) was published in the Official Gazette of 14 March 1998 .
3.1988 , ï Íüìïò 82/7 . 2.1992 , ï Íüìïò 483/26 .
It amends various laws and also provides for amendments to the statute of the Banca d Italia ( the By-Laws ) . The amendments of the Bank s By-Laws , on which the EMI was consulted , were adopted by the Bank s General Meeting of Shareholders on 19 March 1998 and will enter into force upon approval by a Presidential Decree .
¼ óïí áöïñÜ ôçí áíåîáñôçóßá ôçò ÔñÜðåæáò , Ýãéíáí ïé áêüëïõèåò ðñïóáñìïãÝò , ìå éó ÷ ý áðü ôéò 14 Ìáñôßïõ 1998 . 2.1.1 ÈåóìéêÞ áíåîáñôçóßá Ôï ¢ ñèñï 2 ôïõ Âáóéëéêïý ÄéáôÜãìáôïò 1284/23 .
The Government expects this to take place in the first half of April 1998 . 2.1 Independence With regard to the Bank s independence , the following adaptations were made with effect from 14 March 1998 .
11.1914 êáé ôï ¢ ñèñï 5 ôïõ Âáóéëéêïý ÄéáôÜãìáôïò 1377/17 . 6.1928 , ðïõ ðñïÝâëåðáí ôçí áñìïäéüôçôá ôïõ Õðïõñãïý Ïéêïíïìéêþí , Ðñïûðïëïãéóìïý êáé Ïéêïíïìéêïý Ðñïãñáììáôéóìïý íá êáèïñßæåé ôá åðéôüêéá ïñéóìÝíùí êáôçãïñéþí Ýíôïêùí ôñå ÷ ïýìåíùí ëïãáñéáóìþí óôçí ÔñÜðåæá ( ìå åîáßñåóç ôá åðéôüêéá ôùí õðï ÷ ñåùôéêþí êáôáèÝóåùí ) , Þôáí áóõìâßâáóôá ìå ôïõò üñïõò ôçò ÓõíèÞêçò êáé ôïõ Êáôáóôáôéêïý ðåñß áíåîáñôçóßáò ôùí êåíôñéêþí ôñáðåæþí .
2.1.1 Institutional independence - Article 2 of Royal Decree Law No. 1284 of 23 November 1914 and Article 5 of Royal Decree No. 1377 of 17 June 1928 , which established the power of the Minister of the Treasury , Budget and Economic Planning to set interest rates on certain interest-bearing current account deposits with the Bank ( with the exception of those on compulsory reserves ) , were incompatible with Treaty and Statute requirements on central bank independence .
Ôï ¢ ñèñï 3 , ðáñ .
Article 3 , first paragraph , of the legislative decree provides for the repeal of these provisions .
1 , ôïõ íïìïèåôéêïý äéáôÜãìáôïò ðñïâëÝðåé ôçí êáôÜñãçóç ôùí äéáôÜîåùí áõôþí . ÅðéðëÝïí , óýìöùíá ìå ôï ¢ ñèñï 3 ôïõ íïìïèåôéêïý äéáôÜãìáôïò , ç ðáñáðÜíù áñìïäéüôçôá
Furthermore , pursuant to Article 3 of the legislative decree , the power of the Minister is transferred to the Governor until the adoption by Italy of the single currency . Subsequently ,
Ï Íüìïò 433/17 . 12.1997 åîïõóéïäüôçóå ôçí ÊõâÝñíçóç íá åêäþóåé íïìïèåôéêü äéÜôáãìá ðïõ èá åõèõãñáììßæåé ôçí éôáëéêÞ íïìïèåóßá ìå ôï ¢ ñèñï 108 ôçò
Law No. 433 of 17 December 1997 empowered the Government to bring Italian legislation into line with Article 108 of the Treaty through a legislative decree .
Ç èçôåßá ôùí ìåëþí ôïõ Þôáí ôñéåôÞò , äéÜñêåéá ç ïðïßá äåí óõìöùíïýóå ìå ôï ¢ ñèñï 14.2 ôïõ Êáôáóôáôéêïý .
The term of office of its members was three years , which did not comply with Article 14.2 of the Statute .
Óýìöùíá ìå ôï ¢ ñèñï 3 ôïõ íïìïèåôéêïý äéáôÜãìáôïò , ôï ïðïßï ðñïâëÝðåôáé íá áíôéêáôáóôÞóåé ôï ¢ ñèñï 22 , ðáñ . 2 , ôïõ Ôñáðåæéêïý Íüìïõ ôïõ 1936 , ç èçôåßá ôùí ìåëþí ôïõ Äéïéêçôéêïý Óõìâïõëßïõ áõîÜíåôáé óå ðÝíôå Ýôç .
Article 3 , second paragraph , of the legislative decree , which is intended to replace Article 22 , second paragraph , of the 1936 Banking Law , raises the term of office of the members of the Board to five years .
ÁíÜëïãç ôñïðïðïßçóç ôïõ ¢ ñèñïõ 17 ôïõ êáôáóôáôéêïý ôçò ÔñÜðåæáò ðñïâëÝðåôáé óôçí ôñïðïðïßçóç ôïõ Åóùôåñéêïý Êáíïíéóìïý ôçò ÔñÜðåæáò .
A corresponding amendment of Article 17 of the Bank s statute is provided for by the amendment of the Bank s By-Laws .
Ï êùäéêïðïéçìÝíïò íüìïò ôïõ 1910 ó ÷ åôéêÜ ìå ôéò ÅêäïôéêÝò ÔñÜðåæåò ðáñåß ÷ å ôç äõíáôüôçôá óôï Õðïõñãåßï Ïéêïíïìéêþí íá áíáóôÝëëåé Þ íá áêõñþíåé áðïöÜóåéò ôïõ Äéïéêçôéêïý Óõìâïõëßïõ ôçò ÔñÜðåæáò ãéá ëüãïõò íïìéìüôçôáò .
- The 1910 codified law on the Banks of Issue provided for the power of the Treasury to suspend or annul resolutions adopted by the Board of Directors of the Bank on grounds of legitimacy .
Ôï ¢ ñèñï 3.3 ôïõ íïìïèåôéêïý äéáôÜãìáôïò ðñïâëÝðåé üôé ç äõíáôüôçôá ôïõ Õðïõñãïý Ïéêïíïìéêþí , Ðñïûðïëïãéóìïý êáé Ïéêïíïìéêïý Ðñïãñáììáôéóìïý íá áíáóôÝëëåé Þ íá áêõñþíåé áðïöÜóåéò ôïõ Äéïéêçôéêïý Óõìâïõëßïõ ãéá íïìéêïýò ëüãïõò äåí éó ÷ ýåé ãéá ôéò áðïöÜóåéò ôïõ Äéïéêçôéêïý Óõìâïõëßïõ ãéá èÝìáôá ðïõ åìðßðôïõí óôï ðåäßï áñìïäéüôçôáò ôïõ ÅÓÊÔ êáé éäßùò ãéá åêåßíá ðïõ áöïñïýí ôá ôñáðåæïãñÜììáôéá ëéñþí , ôïõò êáíüíåò êáé ôïõò üñïõò ôùí åñãáóéþí ôçò ÔñÜðåæáò êáé ôï äéïñéóìü ôùí áíôáðïêñéôþí ôçò ÔñÜðåæáò óôçí Éôáëßá êáé óôï åîùôåñéêü .
Article 3.3 of the legislative decree foresees that the power of the Minister of the Treasury , Budget and Economic Planning to suspend or annul deliberations of the Board of Directors for legal reasons shall not apply to resolutions adopted by the Board that relate to matters within the scope of the authority of the ESCB and , in particular , to those involving banknotes denominated in lira , the rules and conditions for the Bank s operations and the appointment of the Bank s correspondents in Italy and abroad .
Ôá óõíáëëáãìáôéêÜ äéáèÝóéìá ôçò Éôáëßáò ôá äéá ÷ åéñßæïíôáé óÞìåñá ôï Ufficio italiano dei cambi ( UIC ) êáé ç ÔñÜðåæá , ðñÜãìá ôï ïðïßï åßíáé áóõìâßâáóôï ìå ôï ¢ ñèñï 105 ( 2 ) , åäÜöéï ôñßôï , ôçò ÓõíèÞêçò , ôï ïðïßï ïñßæåé üôé Ýíá áðü ôá êáèÞêïíôá ôïõ ÅÓÊÔ åßíáé íá êáôÝ ÷ åé êáé íá äéá ÷ åéñßæåôáé ôá åðßóçìá óõíáëëáãìáôéêÜ äéáèÝóéìá ôùí Êñáôþí-Ìåëþí .
- The Italian foreign reserves are currently managed by the Ufficio italiano dei cambi ( UIC ) and the Bank , which is incompatible with Article 105 ( 2 ) , third indent , of the Treaty , which states that one of the tasks of the ESCB is to hold and manage the official foreign reserves of the Member States .
Õðïëïãßæåôáé üôé , ìå âÜóç ôá ¢ ñèñá 7.2 êáé 11.1 ôïõ íïìïèåôéêïý äéáôÜãìáôïò , ç ÔñÜðåæá èá äéá ÷ åéñßæåôáé áíåîÜñôçôá ôá åðßóçìá óõíáëëáãìáôéêÜ äéáèÝóéìá óýìöùíá ìå ôï ¢ ñèñï 31 ôïõ Êáôáóôáôéêïý áðü ôçí çìåñïìçíßá ßäñõóçò ôïõ ÅÓÊÔ .
It is assumed that , according to Articles 7.2 and 11.1 of the legislative decree , the Bank will independently manage the official foreign exchange reserves in conformity with Article 31 of the Statute as from the date of the establishment of the ESCB .
2.1.2 ÐñïóùðéêÞ áíåîáñôçóßá Ôï Äéïéêçôéêü Óõìâïýëéï Ý ÷ åé ðåñéïñéóìÝíåò áñìïäéüôçôåò óå ïñéóìÝíá æçôÞìáôá ðïõ ó ÷ åôßæïíôáé ìå ôï ÅÓÊÔ , åêôüò ôçò íïìéóìáôéêÞò ðïëéôéêÞò .
2.1.2 Personal independence The Board of Directors has some limited competence in certain ESCB-related matters other than monetary policy .
ÐñïêåéìÝíïõ íá åðéôåõ ÷ èåß ç ðëÞñçò óõììüñöùóç ìå ôïõò üñïõò ðåñß ðñïóùðéêÞò áíåîáñôçóßáò ó ÷ åôéêÜ ìå ôçí áíÜãêç íá áðïöåõ ÷ èïýí ïé óõãêñïýóåéò óõìöåñüíôùí ðïõ áíáêýðôïõí áðü Üëëåò ëåéôïõñãßåò , ç ôñïðïðïßçóç ôïõ Åóùôåñéêïý Êáíïíéóìïý ôçò ÔñÜðåæáò ðñïâëÝðåé ðñïóáñìïãÞ ôïõ ¢ ñèñïõ 60 , óýìöùíá ìå ôçí ïðïßá ïé óçìåñéíÝò ðåñéðôþóåéò áóõìâáôïôÞôùí äéåõñýíïíôáé êáé ðñïóôßèåôáé ãåíéêÞ ñÞôñá ðïõ áðïêëåßåé óå üëïõò üóïõò Ý ÷ ïõí óýãêñïõóç óõìöåñüíôùí ìå ôçí ÔñÜðåæá íá óõììåôÝ ÷ ïõí óôï Óõìâïýëéï .
In order to achieve full compliance with the requirements on personal independence concerning the need to avoid conflicts of interest arising from other functions , the amendment of the Bank s By-Laws provides for an amendment of Article 60 , according to which existing cases of incompatibilities are broadened and a general clause is inserted which excludes from membership of the Board all persons having a conflict of interest with the Bank .
2.2.1 ÊáèÞêïíôá ¸ êäïóç ôñáðåæïãñáììáôßùí ÄéÜöïñá Üñèñá (¢ ñèñï 1 êáé ¢ ñèñï 20 , ðáñ . 2 , óçìåßá 1 êáé 2 , ôïõ êáôáóôáôéêïý ôçò ÔñÜðåæáò , ¢ ñèñá 4 êáé 142 ôïõ êùäéêïðïéçìÝíïõ íüìïõ ôïõ 1910 ó ÷ åôéêÜ ìå ôéò ÅêäïôéêÝò ÔñÜðåæåò , Ðñïåäñéêü ÄéÜôáãìá 811/9 .
2.2.1 Tasks Issuance of banknotes Various articles ( Article 1 and Article 20 , second paragraph , points 1 and 2 , of the statute of the Bank ; Articles 4 and 142 of the 1910 codified law on the Banks of Issue ;
10.1981 ) äåí áíáãíþñéæáí ôéò áñìïäéüôçôåò ôçò ÅÊÔ óôïí ôïìÝá áõôü .
Presidential Decree No. 811 of 9 October 1981 ) did not recognise the ECB s competences in this field .
Ôï ¢ ñèñï 4 ôïõ íïìïèåôéêïý äéáôÜãìáôïò ïñßæåé üôé ç ÔñÜðåæá èá åêäßäåé ôñáðåæïãñáììÜôéá óýìöùíá ìå ôç ÓõíèÞêç êáé ôï Êáôáóôáôéêü .
Article 4 of the legislative decree states that the Bank shall issue banknotes in accordance with the Treaty and the Statute .
1 , óçìåßï 1 , êáèþò êáé ç ôåëåõôáßá ðáñÜãñáöïò ôïõ ßäéïõ Üñèñïõ ôïõ êùäéêïðïéçìÝíïõ íüìïõ ôïõ 1910 ó ÷ åôéêÜ ìå ôéò ÅêäïôéêÝò ÔñÜðåæåò , ôá ïðïßá üñéæáí ôá óõìâïõëåõôéêÜ êáèÞêïíôá ðïõ áíáôßèåíôáé óå êïõíïâïõëåõôéêÞ åðéôñïðÞ õðü ôçí ðñïåäñßá ôïõ Õðïõñãïý Ïéêïíïìéêþí , Ðñïûðïëïãéóìïý êáé Ïéêïíïìéêïý Ðñïãñáììáôéóìïý óå èÝìáôá ó ÷ åôéêÜ ìå ôïí Ýëåã ÷ ï ôùí ôñáðåæïãñáììáôßùí êáé êåñìÜôùí ðïõ åêäßäïõí ôï Õðïõñãåßï Ïéêïíïìéêþí êáé ç ÔñÜðåæá , äåí áíáãíùñßæïõí ôéò áñìïäéüôçôåò ôçò ÅÊÔ óôïí ôïìÝá áõôü .
Control of the amount of banknotes and coins held by the Bank Article 110 , Article 111 , first paragraph , point 1 , and Article 111 , last paragraph , of the 1910 codified law on the Banks of Issue , which stated the consultative duties assigned to a parliamentary committee chaired by the Minister of the Treasury , Budget and Economic Planning in matters concerning the control of the currency issued by the Treasury and the Bank , did not recognise the ECB s powers in this field .
Ôï ¢ ñèñï 4 ôïõ íïìïèåôéêïý äéáôÜãìáôïò ðñïâëÝðåé ôçí êáôÜñãçóç ôïõ ¢ ñèñïõ 111 êáé ôçí ôñïðïðïßçóç ôïõ ¢ ñèñïõ 110 , þóôå ï Ýëåã ÷ ïò ôïõ íïìßóìáôïò íá ìçí ðåñéëáìâÜíåé ðëÝïí êáé ôá êõêëïöïñïýíôá ôñáðåæïãñáììÜôéá .
Article 4 of the legislative decree provides for the repeal of Article 111 and an amendment of Article 110 so that the control of the currency is no longer extended to banknotes in circulation .
Ôá ¢ ñèñá 120 , 122 êáé 124 ( â ) ôïõ êùäéêïðïéçìÝíïõ íüìïõ ôïõ 1910 ðåñß Åêäïôéêþí Ôñáðåæþí ó ÷ åôéêÜ ìå ôç äõíáôüôçôá ôïõ Õðïõñãïý Ïéêïíïìéêþí , Ðñïûðïëïãéóìïý êáé Ïéêïíïìéêïý Ðñïãñáììáôéóìïý íá åëÝã ÷ åé , ìåôáîý Üëëùí êáé ìÝóù åðéèåùñÞóåùí , ôç óõììüñöùóç ðñïò ôïõò êáíüíåò ðïõ äéÝðïõí ôçí êßíçóç ôùí ôñáðåæïãñáììáôßùí , ôçí ðïóüôçôá ôùí ôñáðåæïãñáììáôßùí êáé êåñìÜôùí ðïõ êáôÝ ÷ åé ç ÔñÜðåæá , ôçí ðïóüôçôá ôùí êõêëïöïñïýíôùí ôñáðåæïãñáììáôßùí ðïõ êáôÝ ÷ åé ç äéåýèõíóç ôáìåßùí ôçò ÔñÜðåæáò ùò áðïèÝìáôá êáé ôçí ðïóüôçôá ôùí åöèáñìÝíùí ðïõ áðïóýñïíôáé áëëÜ äåí Ý ÷ ïõí áêüìç êáôáóôñáöåß , äåí áíáãíþñéæáí ôçí áñìïäéüôçôá ôçò ÅÊÔ óôïí ôïìÝá áõôü .
Articles 120 , 122 and 124 ( b ) of the 1910 codified law on the Banks of Issue on the power of the Minister of the Treasury , Budget and Economic Planning to control , inter alia by means of inspections , compliance with the rules governing the movement of banknotes , the amount of banknotes and coins held by the Bank , the actual quantity of banknotes in circulation , held by the Bank s cashier s department and in stock and the quantity of those which are withdrawn because they are worn but have yet to be destroyed did not recognise the ECB s competence in this field .
Ôï ¢ ñèñï 4 ôïõ íïìïèåôéêïý äéáôÜãìáôïò ðñïâëÝðåé ôçí êáôÜñãçóç ôùí ùò Üíù äéáôÜîåùí .
Article 4 of the legislative decree provides for the repeal of the above provisions .
· Ôï ¢ ñèñï 130 ôïõ êùäéêïðïéçìÝíïõ íüìïõ ôïõ 1910 ðåñß Åêäïôéêþí Ôñáðåæþí , ôï ïðïßï ðñïÝâëåðå ôçí õðï ÷ ñÝùóç ôïõ Õðïõñãïý Ïéêïíïìéêþí , Ðñïûðïëïãéóìïý êáé Ïéêïíïìéêïý Ðñïãñáììáôéóìïý íá õðïâÜëëåé Ýêèåóç óôï Êïéíïâïýëéï ó ÷ åôéêÜ ìå ôçí Ýêäïóç ôñáðåæïãñáììáôßùí ôïõ ðñïçãïýìåíïõ Ýôïõò , äåí áíáãíþñéæå ôçí áñìïäéüôçôá ôçò ÅÊÔ óôïí ôïìÝá áõôü .
Article 130 of the 1910 codified law on the Banks of Issue , which contained an obligation for the Minister of the Treasury , Budget and Economic Planning to submit a report to Parliament on the issuance of banknotes in the previous year , did not recognise the ECB s powers in this field .
Ôï ¢ ñèñï 4 ôïõ ó ÷ åäßïõ íïìïèåôéêïý äéáôÜãìáôïò ðñïâëÝðåé ôçí êáôÜñãçóç ôïõ ¢ ñèñïõ 130 ôïõ êùäéêïðïéçìÝíïõ íüìïõ ôïõ 1910 ðåñß Åêäïôéêþí Ôñáðåæþí .
Article 4 of the legislative decree provides for the repeal of Article 130 of the 1910 codified law on the Banks of Issue . -
2.1992 , ðïõ èÝóðéæå ôç äõíáôüôçôá ôïõ ÄéïéêçôÞ ôçò ÔñÜðåæáò íá ìåôáâÜëëåé ôï åðßóçìï ðñïåîïöëçôéêü åðéôüêéï êáèþò êáé ôï åðéôüêéï ôùí ðñïêáôáâïëþí êáèïñéóìÝíçò äéÜñêåéáò ìå óêïðü ôïí Ýëåã ÷ ï ôçò ñåõóôüôçôáò ôçò áãïñÜò , äåí áíáãíþñéæå ôçí áñìïäéüôçôá ôçò ÅÊÔ óôïí ôïìÝá áõôü .
Formulation and implementation of monetary policy Law No. 82 of 7 February 1992 , which established the power of the Governor of the Bank to change the official discount rate and the rate on fixed term advances for the purpose of controlling market liquidity , did not recognise the ECB s powers in this field .
Ôï ¢ ñèñï 10 ôïõ Íüìïõ 483 / 26.11.1993 , ôï ïðïßï èÝóðéæå ôï äéêáßùìá ôçò ÔñÜðåæáò íá êáèïñßæåé ôéò õðï ÷ ñåùôéêÝò êáôáèÝóåéò ôùí ôñáðåæþí êáé ôïõò óõíáöåßò êáíüíåò , äåí áíáãíþñéæå ôéò áñìïäéüôçôåò ôçò ÅÊÔ óôïí ôïìÝá áõôü .
Article 10 of Law No. 483 of 26 November 1993 , which laid down the power of the Bank to establish reserve requirements for banks and related rules , did not recognise the ECB s powers in this field .
Óýìöùíá ìå ôï ¢ ñèñï 6.1 ôïõ íïìïèåôéêïý äéáôÜãìáôïò , ïé ùò Üíù áñìïäéüôçôåò äåí áóêïýíôáé ðëÝïí óå åèíéêü åðßðåäï , êáèþò åìðßðôïõí óôï ÊåöÜëáéï Ä ôïõ Êáôáóôáôéêïý ôïõ ÅÓÊÔ .
According to Article 6.1 of the legislative decree , the above powers are no longer exercised at the national level as they fall within the scope of Chapter IV of the Statute of the ESCB .