# Directive 2006/48/EC of the European Parliament and of the Council of 14 June 2006 relating to the taking up and pursuit of the business of credit institutions (recast) (Text with EEA relevance) (repealed), Division 44: A ‘default’ shall be considered to have occurred with regard to a particular obligor when either or both of the two following events has taken place:

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Status: repealed

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Source: https://www.legislation.gov.uk/eudr/2006/48/annex/VII/part/4/division/2/division/2.1/division/44 (the official version)
Page: https://openlegislation.uk/eu-directive-2006-48/annex-VII/part-4/division-2/division-2.1/division-44
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.