{
  "url": "https://openlegislation.uk/eu-decision-2011-16/article-2",
  "json_url": "https://openlegislation.uk/eu-decision-2011-16/article-2.json",
  "legislation": "eudn/2011/16",
  "legislation_title": "Decision of the European Central Bank of 31 October 2011 amending Decision ECB/2010/15 concerning the administration of EFSF loans to Member States whose currency is the euro, and amending Decision ECB/2010/31 concerning the opening of accounts for the processing of payments in connection with EFSF loans to Member States whose currency is the euro (ECB/2011/16) (2011/728/EU)",
  "legislation_url": "https://openlegislation.uk/eu-decision-2011-16",
  "path": "article/2",
  "kind": "article",
  "number": "2",
  "heading": null,
  "text": "Decision ECB/2010/31 is amended as follows:\n(1) Article 1 is replaced by the following:\n‘Opening of cash accounts\nArticle 1 The ECB may, upon request of the NCB of a borrower Member State, open cash accounts in the name of such NCB for the processing of payments in connection with a Loan Facility Agreement or Financial Assistance Facility Agreement (hereinafter an ‘NCB cash account’).’;\n(2) Article 2 is replaced by the following:\n‘Acceptance of payments on the cash accounts\nArticle 2 An NCB cash account shall only be used to process payments in connection with a Loan Facility Agreement or Financial Assistance Facility Agreement.’.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eudn/2011/16/article/2",
    "retrieved_at": "2026-11-01T15:15:54.471484+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}