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Document 11957E068
TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY, PART TWO - FOUNDATIONS OF THE COMMUNITY, TITLE III - FREE MOVEMENT OF PERSONS, SERVICES AND CAPITAL, CHAPTER 4: CAPITAL, ARTICLE 68
TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY, PART TWO - FOUNDATIONS OF THE COMMUNITY, TITLE III - FREE MOVEMENT OF PERSONS, SERVICES AND CAPITAL, CHAPTER 4: CAPITAL, ARTICLE 68
TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY, PART TWO - FOUNDATIONS OF THE COMMUNITY, TITLE III - FREE MOVEMENT OF PERSONS, SERVICES AND CAPITAL, CHAPTER 4: CAPITAL, ARTICLE 68
In force
11957E068
TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY, PART TWO - FOUNDATIONS OF THE COMMUNITY, TITLE III - FREE MOVEMENT OF PERSONS, SERVICES AND CAPITAL, CHAPTER 4: CAPITAL, ARTICLE 68
++++ ARTICLE 68 1 . MEMBER STATES SHALL , AS REGARDS THE MATTERS DEALT WITH IN THIS CHAPTER , BE AS LIBERAL AS POSSIBLE IN GRANTING SUCH EXCHANGE AUTHORISATIONS AS ARE STILL NECESSARY AFTER THE ENTRY INTO FORCE OF THIS TREATY . 2 . WHERE A MEMBER STATE APPLIES TO THE MOVEMENTS OF CAPITAL LIBERALISED IN ACCORDANCE WITH THE PROVISIONS OF THIS CHAPTER THE DOMESTIC RULES GOVERNING THE CAPITAL MARKET AND THE CREDIT SYSTEM , IT SHALL DO SO IN A NON-DISCRIMINATORY MANNER . 3 . LOANS FOR THE DIRECT OR INDIRECT FINANCING OF A MEMBER STATE OR ITS REGIONAL OR LOCAL AUTHORITIES SHALL NOT BE ISSUED OR PLACED IN OTHER MEMBER STATES UNLESS THE STATES CONCERNED HAVE REACHED AGREEMENT THEREON . THIS PROVISION SHALL NOT PRECLUDE THE APPLICATION OF ARTICLE 22 OF THE PROTOCOL ON THE STATUTE OF THE EUROPEAN INVESTMENT BANK .