in force 2026-06-11 MODIFIED+358 −0§
Amended by Regulation (EU) 2026/808 32026R0808
applies from: unchanged
A new paragraph has been added requiring the Board to inform the Commission and the ECB as soon as it considers that activating the Fund's financial arrangements under this Article might become necessary.
The same new paragraph also requires the Board to provide the Commission and the ECB with all information necessary for the performance of their tasks in respect of those financial arrangements, a requirement absent from the earlier text.
Cited: Art. 74, v2 · Art. 74, v1
text before / after
02014R0806-20251110 → 02014R0806-20260611
Article 74 Access to financial facility The Board shall contract for the Fund financial arrangements, including, where possible, public financial arrangements, regarding the immediate availability of additional financial means to be used in accordance with Article 76, where the amounts raised or available in accordance with Articles 70 and 71 are not sufficient to meet the Funds' obligations.The Board shall inform the Commission and the ECB as soon as it considers that it might be necessary to activate the financial arrangements contracted for the Fund in accordance with this Article, and shall provide the Commission and the ECB with all of the information necessary for the performance of their tasks in respect of those financial arrangements.