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Article 2 Adjustment of the paid-up capital

United Kingdom

Original text. Later amendments are not shown.

1.

Given that each non-euro area NCB has already paid up 3,75 % of its share in the ECB’s subscribed capital as applicable on 31 January 2020 under Decision (EU) 2019/48 (ECB/2018/32), each of them shall transfer an additional amount to the ECB, in order to arrive at the amounts shown in the third column of the table in Article 1.

2.

All transfers pursuant to this Article shall be made in accordance with Decision (EU) 2020/139 of the European Central Bank (ECB/2020/5)f1.

Annotations

Footnotes

f1

Decision (EU) 2020/139 of the European Central Bank of 22 January 2020 laying down the terms and conditions for transfers of the European Central Bank’s capital shares between the national central banks and for the adjustment of the paid-up capital and repealing Decision (EU) 2019/45 (ECB/2020/5) (see page 9 of this Official Journal).