detected 2026-08-13 MODIFIED+0 −15§
no amending act named
applies from: unchanged
The wording of points (a), (b) and (c) was tightened by removing the phrase "it is" before describing the relevant date, with the same dates and cross-references retained.
Cited: Art. 491, v1 · Art. 491, v2
text before / after
32013R0575 → 02013R0575-20130628
Article 491
Effective maturity
For the purposes of Articles 489 and 490, effective maturity shall be determined as follows:
(a) for the items referred to in paragraphs 3 and 5 of those Articles, it is the date of the first call with an incentive to redeem occurring on or after 1 January 2013;
(b) for the items referred to in paragraph 4 of those Articles, it is the date of the first call with an incentive to redeem occurring between 31 December 2011 and 1 January 2013;
(c) for the items referred to in paragraph 6 of those Articles, it is the date of the first call with an incentive to redeem prior to 31 December 2011.