{
  "url": "https://openlegislation.uk/eu-regulation-2007-1489/article-1",
  "json_url": "https://openlegislation.uk/eu-regulation-2007-1489/article-1.json",
  "legislation": "eur/2007/1489",
  "legislation_title": "Regulation (EC) No 1489/2007 of the European Central Bank of 29 November 2007 amending Regulation (EC) No 2423/2001 (ECB/2001/13) concerning the consolidated balance sheet of the monetary financial institutions sector (ECB/2007/18)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2007-1489",
  "path": "article/1",
  "kind": "article",
  "number": "1",
  "heading": null,
  "text": "Regulation (EC) No 2423/2001 (ECB/2001/13) is amended as follows:\n1.. in Article 1, the following paragraph is added:\n‘For the purposes of this Regulation, the terms “electronic money institution” and “electronic money” shall have the same meaning as in Article 1(3) of Directive 2000/46/EC of the European Parliament and of the Council of 18 September 2000 on the taking up, pursuit of and prudential supervision of the business of electronic money institutions.’;\n2.. in Article 2, the following paragraph 4 is added:\n‘4. Without prejudice to 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) and Article 2 of Regulation (EC) No 1745/2003 of the European Central Bank of 12 September 2003 on the application of minimum reserves (ECB/2003/9), NCBs may, subject to the conditions specified in paragraphs 2 to 4 of Annex III, grant derogations to individual electronic money institutions. The NCBs shall check the fulfilment of the conditions laid down in paragraph 2 of Annex III in good time in order to grant or withdraw, if necessary, any derogation. Any NCB that grants such a derogation shall inform the ECB thereof.’\n3.. Annex I is amended in accordance with Annexes I and II to this Regulation.\n4.. Annex III is replaced by the text set out in Annex III to this Regulation.\n5.. Annex V is amended in accordance with Annex IV to this Regulation.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "OJ L 275, 27.10.2000, p. 39.’;"
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "OJ L 177, 30.6.2006, p. 1."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "OJ L 250, 2.10.2003, p. 10.’"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2007/1489/article/1",
    "retrieved_at": "2026-11-01T14:52:32.121388+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."
}