{
  "url": "https://openlegislation.uk/eu-regulation-1999-2157/article-8",
  "json_url": "https://openlegislation.uk/eu-regulation-1999-2157/article-8.json",
  "legislation": "eur/1999/2157",
  "legislation_title": "European Central Bank Regulation (EC) No 2157/1999 of 23 September 1999 on the powers of the European Central Bank to impose sanctions (ECB/1999/4)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-1999-2157",
  "path": "article/8",
  "kind": "article",
  "number": "8",
  "heading": "Review of the decision by the Governing Council of the ECB",
  "text": "1. The Governing Council of the ECB may request the undertaking concerned, the Executive Board of the ECB and/or the competent national central bank to provide additional information in order to review the decision of the Executive Board of the ECB.\n2. The Governing Council of the ECB shall fix a time-limit by which the information shall be provided, but this shall be no fewer than 10 working days.\n3. In carrying out the review, the Governing Council may:\n(a) confirm the decision of the Executive Board;\n(b) amend the decision of the Executive Board by modifying the amount of the sanction to be imposed and/or the grounds giving rise to an infringement;\n(c) set aside the decision of the Executive Board.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Inserted by Regulation (EU) 2017/2095 of the European Central Bank of 3 November 2017 amending Regulation (EC) No 2157/1999 on the powers of the European Central Bank to impose sanctions (ECB/2017/34)."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/1999/2157/article/8",
    "retrieved_at": "2026-11-01T14:57:41.352821+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}