# Decision of the European Central Bank of 24 July 2007 concerning the terms and conditions of TARGET2-ECB (ECB/2007/7) (2007/601/EC), Article 33: Governing law, jurisdiction and place of performance

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

1. The bilateral relationship between the ECB and T2S DCA holders in TARGET2-ECB shall be governed by German law.
2. Without prejudice to the competence of the Court of Justice of the European Union, any dispute arising from a matter relating to the relationship referred to in paragraph 1 falls under the exclusive competence of the courts of Frankfurt am Main.
3. The place of performance concerning the legal relationship between the ECB and the T2S DCA holders shall be Frankfurt am Main, Germany.

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Source: https://www.legislation.gov.uk/eudn/2007/7/annex/II/article/33 (the official version)
Page: https://openlegislation.uk/eu-decision-2007-7/annex-II/article-33
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.