# Council Decision of 29 June 1998 on the consultation of the European Central Bank by national authorities regarding draft legislative provisions (98/415/EC), Article 2

Extent: E+W+S+N.I.

1. The authorities of the Member States shall consult the ECB on any draft legislative provision within its field of competence pursuant to the Treaty and in particular on:
currency matters,
means of payment,
national central banks,
the collection, compilation and distribution of monetary, financial, banking, payment systems and balance of payments statistics,
payment and settlement systems,
rules applicable to financial institutions insofar as they materially influence the stability of financial institutions and markets.
2. In addition, the authorities of Member States other than participating Member States shall consult the ECB on any draft legislative provisions on the instruments of monetary policy.
3. The ECB shall, immediately on receipt of any draft legislative provision, notify the consulting authority whether, in its opinion, such provision is within its field of competence.

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Source: https://www.legislation.gov.uk/eudn/1998/415/article/2 (the official version)
Page: https://openlegislation.uk/eu-decision-1998-415/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.