# Council Directive of 27 November 1984 concerning the reciprocal obligations of export credit insurance organizations of the Member States acting on behalf of the State or with its support, or of public departments acting in place of such organizations, in the case of joint guarantees for a contract involving one or more subcontracts in one or more Member States of the European Communities (84/568/EEC), Article 4: Consolidation

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

In the vent of agreement to consolidate the debt of the buyer country, the principal insurer and the joint insurer(s) shall hold consultations on ways and means of resolving the specific problems raised by the consolidation agreement.

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Source: https://www.legislation.gov.uk/eudr/1984/568/annex/article/4 (the official version)
Page: https://openlegislation.uk/eu-directive-1984-568/annex/article-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.