# Council Regulation (EC) No 1467/97 of 7 July 1997 on speeding up and clarifying the implementation of the excessive deficit procedure, Article 9

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

1. The excessive deficit procedure shall be held in abeyance:
if the Member State concerned acts in compliance with recommendations made in accordance with Article 126(7),
if the participating Member State concerned acts in compliance with notices given in accordance with Article 126(9).
2. The period during which the procedure is held in abeyance shall be included neither in the period referred to in Article 6 nor in the period referred to in Article 7 of this Regulation.
3. Following the expiry of the period referred to in the first sentence of Article 3(4) and following the expiry of the period referred to in the second sentence of Article 6(2) of this Regulation, the Commission shall inform the Council if it considers that the measures taken seem sufficient to ensure adequate progress towards the correction of the excessive deficit within the time limits set by the Council, provided that they are fully implemented and that economic developments are in line with forecasts. The Commission statement shall be made public.

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Source: https://www.legislation.gov.uk/eur/1997/1467/article/9 (the official version)
Page: https://openlegislation.uk/eu-regulation-1997-1467/article-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.