{
  "url": "https://openlegislation.uk/eu-decision-2015-455/annex/division-1/chapter-III/section-B/division-2/division-14",
  "json_url": "https://openlegislation.uk/eu-decision-2015-455/annex/division-1/chapter-III/section-B/division-2/division-14.json",
  "legislation": "eudn/2015/455",
  "legislation_title": "Commission Decision (EU) 2015/455 of 23 July 2014 on the State aid SA.34826 (2012/C), SA.36005 (2013/NN) implemented by Greece for Piraeus Bank Group relating to the recapitalisation and restructuring of Piraeus Bank SA (notified under document C(2014) 5217) (Only the English text is authentic) (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-decision-2015-455",
  "path": "annex/division/1/chapter/III/section/B/division/2/division/14",
  "kind": "division",
  "number": "(14)",
  "heading": null,
  "text": "Granting loans to enable borrowers to purchase shares or hybrid instruments of the Bank and other banks shall be prohibited, whoever are those borrowers. This provision shall apply and shall be monitored at the Bank’s level.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "For the purpose of that Commitment, the term ‘loans’ shall be interpreted largo sensu, as any kind of financing, e.g. credit facility, guarantee, etc."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "For clarification, ‘other banks’ refer to any bank — financial institution in the world."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "For clarification, all borrowers, including the Bank’s private banking clients, are covered by that Commitment."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eudn/2015/455/annex/division/1/chapter/III/section/B/division/2/division/14",
    "retrieved_at": "2026-11-01T15:14:25.570335+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."
}