OpenLegislation

Article 14

United Kingdom

Original text. Later amendments are not shown.

1.

In accordance with F1Article 126(12), the Council shall abrogate the sanctions referred to in the first and second indents of Article 126(11) depending on the significance of the progress made by the participating Member State concerned in correcting the excessive deficit.

Annotations

Textual amendments

F1

Substituted by Council Regulation (EU) No 1177/2011 of 8 November 2011 amending Regulation (EC) No 1467/97 on speeding up and clarifying the implementation of the excessive deficit procedure.

Notes on the whole EU Regulation

Textual amendments

F2

Substituted by Council Regulation (EC) No 1056/2005 of 27 June 2005 amending Regulation (EC) No 1467/97 on speeding up and clarifying the implementation of the excessive deficit procedure.