# Commission Delegated Regulation (EU) 2019/1122 of 12 March 2019 supplementing Directive 2003/87/EC of the European Parliament and of the Council as regards the functioning of the Union Registry (Text with EEA relevance), Article 59m: Transfers after the calculation of the balance of the ESR Compliance Account

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

The central administrator shall ensure that, upon request of a Member State, the Union Registry carries out a transfer of AEAs from the ESR Compliance Account for a given year of that Member State to the ESR Compliance Account of another Member State. Such transfer shall not be carried out in any of the following cases:
(a) the Member State's request is submitted before the calculation of the balance of the account pursuant to Article 59e;
(b) the requested amount exceeds the positive balance of the account as calculated pursuant to Article 59e or the remaining amount;
(c) the status of the ESR Compliance Account initiating the transfer does not allow the transfer.

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Source: https://www.legislation.gov.uk/eur/2019/1122/article/59m (the official version)
Page: https://openlegislation.uk/eu-regulation-2019-1122/article-59m
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.