OpenLegislation

Article 5 Participation of other institutionsF1

United Kingdom

Original text. Later amendments are not shown.

1.

The Governing Council may invite the national central banks of the Member States that have not yet adopted the euro to participate in EPCO’s activities and joint tender procedures under the same conditions as those applying to central banks of the Eurosystem. In addition, the Governing Council may invite national authorities of Member States, Union institutions and bodies, or international organisations to participate in EPCO’s activities and joint tender procedures under the conditions laid down by the Governing Council in the invitation. Any such invitation shall be limited to the joint procurement of goods and services for fulfilling needs common to the central banks and the invited entities and the conditions shall be similar to those that apply to the central banks of the Eurosystem.

2.

In-house printing works which, in accordance with Article 1, point 2(b) of Guideline (EU) 2015/280 (ECB/2014/44), are separate legal persons and fulfil the cumulative conditions laid down in that provision may directly participate in joint tender procedures and be treated for the purposes of this Article as part of the central bank in their Member State. Such participation shall be limited to the joint procurement of goods and services necessary for the performance by those in-house printing works of Eurosystem tasks.

Annotations

Textual amendments

F1

Substituted by Decision (EU) 2020/628 of the European Central Bank of 4 May 2020 amending Decision ECB/2008/17 laying down the framework for joint Eurosystem procurement (ECB/2020/27).