{
  "url": "https://openlegislation.uk/eu-regulation-2018-1642/article-4",
  "json_url": "https://openlegislation.uk/eu-regulation-2018-1642/article-4.json",
  "legislation": "eur/2018/1642",
  "legislation_title": "Commission Delegated Regulation (EU) 2018/1642 of 13 July 2018 supplementing Regulation (EU) 2016/1011 of the European Parliament and of the Council with regard to regulatory technical standards specifying further the criteria to be taken into account by competent authorities when assessing whether administrators of significant benchmarks should apply certain requirements (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2018-1642",
  "path": "article/4",
  "kind": "article",
  "number": "4",
  "heading": "Degree of discretion of the administrator",
  "text": "The further criteria to be considered by the competent authority under Article 25(3) of Regulation (EU) 2016/1011 in taking into account the degree of discretion of the administrator shall include at least the following:\n(a) in cases where the benchmark methodology allows for expert judgement by the administrator, whether the use of judgement or exercise of discretion is sufficiently transparent;\n(b) in cases where the benchmark is based on estimates, the effectiveness of the internal control measures that the administrator has in place.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2018/1642/article/4",
    "retrieved_at": "2026-11-01T14:43:51.250737+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."
}