{
  "url": "https://openlegislation.uk/eu-regulation-2003-1745",
  "json_url": "https://openlegislation.uk/eu-regulation-2003-1745.json",
  "id": "eur/2003/1745",
  "title": "Regulation (EC) No 1745/2003 of the European Central Bank of 12 September 2003 on the application of minimum reserves (ECB/2003/9)",
  "short_title": "Regulation (EC) No 1745/2003 of the European Central Bank of 12 September 2003 on the application of minimum…",
  "long_title": "Regulation (EC) No 1745/2003 of the European Central Bank of 12 September 2003 on the application of minimum reserves (ECB/2003/9)",
  "citation": "EU Regulation No 1745/2003",
  "type": "eur",
  "year": "2003",
  "number": "1745",
  "version": "current",
  "date": "2003-09-12",
  "revised": false,
  "valid_from": null,
  "extent": "E+W+S+N.I.",
  "unapplied_effects": 4,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/eu-regulation-2003-1745/introduction",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/1",
      "kind": "article",
      "number": "1",
      "heading": "Definitions",
      "url": "https://openlegislation.uk/eu-regulation-2003-1745/article-1",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/2",
      "kind": "article",
      "number": "2",
      "heading": "Institutions subject to reserve requirements",
      "url": "https://openlegislation.uk/eu-regulation-2003-1745/article-2",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/3",
      "kind": "article",
      "number": "3",
      "heading": "Reserve base",
      "url": "https://openlegislation.uk/eu-regulation-2003-1745/article-3",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/4",
      "kind": "article",
      "number": "4",
      "heading": "Reserve ratios",
      "url": "https://openlegislation.uk/eu-regulation-2003-1745/article-4",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/5",
      "kind": "article",
      "number": "5",
      "heading": "Calculation and notification of minimum reserves",
      "url": "https://openlegislation.uk/eu-regulation-2003-1745/article-5",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/6",
      "kind": "article",
      "number": "6",
      "heading": "Reserve holdings",
      "url": "https://openlegislation.uk/eu-regulation-2003-1745/article-6",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/7",
      "kind": "article",
      "number": "7",
      "heading": "Maintenance period",
      "url": "https://openlegislation.uk/eu-regulation-2003-1745/article-7",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/8",
      "kind": "article",
      "number": "8",
      "heading": "Remuneration",
      "url": "https://openlegislation.uk/eu-regulation-2003-1745/article-8",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/9",
      "kind": "article",
      "number": "9",
      "heading": "Responsibility for verification",
      "url": "https://openlegislation.uk/eu-regulation-2003-1745/article-9",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/10",
      "kind": "article",
      "number": "10",
      "heading": "Indirect holding of minimum reserves through an intermediary",
      "url": "https://openlegislation.uk/eu-regulation-2003-1745/article-10",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/11",
      "kind": "article",
      "number": "11",
      "heading": "Reserve holding on a consolidated basis",
      "url": "https://openlegislation.uk/eu-regulation-2003-1745/article-11",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/12",
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      "heading": "NCB business days",
      "url": "https://openlegislation.uk/eu-regulation-2003-1745/article-12",
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      "status": null,
      "parent": null
    },
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      "path": "article/13",
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      "url": "https://openlegislation.uk/eu-regulation-2003-1745/article-13",
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      "status": null,
      "parent": null
    },
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      "path": "article/13a",
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      "heading": "Euro area enlargement",
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      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/14",
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      "number": "14",
      "heading": "Transitional provisions",
      "url": "https://openlegislation.uk/eu-regulation-2003-1745/article-14",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/15",
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      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    }
  ],
  "outstanding_effects": [
    {
      "type": "replacement",
      "affected_provisions": "Art. 3 para. 1",
      "affecting": "eur/2016/1705",
      "affecting_title": "Regulation (EU) 2016/1705 of the European Central Bank of 9 September 2016 amending Regulation (EC) No 1745/2003 (ECB/2003/9) on the application of minimum reserves (ECB/2016/26)",
      "affecting_provisions": "Regulation"
    },
    {
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      "affecting_title": "Regulation (EU) 2016/1705 of the European Central Bank of 9 September 2016 amending Regulation (EC) No 1745/2003 (ECB/2003/9) on the application of minimum reserves (ECB/2016/26)",
      "affecting_provisions": "Regulation"
    },
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      "affecting_title": "Regulation (EU) 2016/1705 of the European Central Bank of 9 September 2016 amending Regulation (EC) No 1745/2003 (ECB/2003/9) on the application of minimum reserves (ECB/2016/26)",
      "affecting_provisions": "Regulation"
    },
    {
      "type": "addition",
      "affected_provisions": "Art. 3 para. 2a",
      "affecting": "eur/2016/1705",
      "affecting_title": "Regulation (EU) 2016/1705 of the European Central Bank of 9 September 2016 amending Regulation (EC) No 1745/2003 (ECB/2003/9) on the application of minimum reserves (ECB/2016/26)",
      "affecting_provisions": "Regulation"
    }
  ],
  "made_under": [],
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  "changes_made_to_url": "https://openlegislation.uk/eu-regulation-2003-1745/changes.json",
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  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2003/1745",
    "retrieved_at": "2026-11-01T14:55:54.674394+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."
}