Article 23 Duration and ordinary termination of T2S DCAsF1F2

Without prejudice to Article 24, a T2S DCA in TARGET2-ECB is opened for an indefinite period of time.

A T2S DCA holder may terminate its T2S DCA in TARGET2-ECB at any time giving 14 business days' notice thereof, unless it agrees a shorter notice period with the ECB.

The ECB may terminate a T2S DCA holder's T2S DCA in TARGET2-ECB at any time giving three months' notice thereof, unless it agrees a different notice period with that T2S DCA holder .

On termination of the T2S DCA , the confidentiality duties laid down in Article 27 remain in force for a period of five years starting on the date of termination.

On termination of the T2S DCA , it shall be closed in accordance with Article 25.