# Decision (EU) 2020/1736 of the European Central Bank of 12 November 2020 amending Decision (EU) 2015/298 on the interim distribution of the income of the European Central Bank (ECB/2020/56), Introduction: Introductory text

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

Decision (EU) 2020/1736 of the European Central Bank
of 12 November 2020
amending Decision (EU) 2015/298 on the interim distribution of the income of the European Central Bank (ECB/2020/56)
THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK,
Having regard to the Treaty on the Functioning of the European Union,
Having regard to the Statute of the European System of Central Banks and of the European Central Bank, and in particular Article 33 thereof,
Whereas:
(1)
Decision (EU) 2020/440 of the European Central Bank (ECB/2020/17) establishes a temporary pandemic emergency purchase programme (PEPP) for monetary policy purposes. Provision needs to be made for the interim distribution of the European Central Bank’s income from the PEPP in Decision (EU) 2015/298 of the European Central Bank (ECB/2014/57).
(2)
Therefore, Decision (EU) 2015/298 (ECB/2014/57) should be amended accordingly,
HAS ADOPTED THIS DECISION:

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Source: https://www.legislation.gov.uk/eudn/2020/1736/introduction (the official version)
Page: https://openlegislation.uk/eu-decision-2020-1736/introduction
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.