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Document 12006E101

    Treaty establishing the European Community (consolidated version)
    Part Three - Community policies
    TITLE VII - Economic and monetary policy
    Article 101

    OJ C 321E, 29.12.2006, p. 83–84 (ES, CS, DA, DE, ET, EL, EN, FR, GA, IT, LV, LT, HU, MT, NL, PL, PT, SK, SL, FI, SV)

    Legal status of the document In force

    ELI: http://data.europa.eu/eli/treaty/tec_2006/art_101/oj

    12006E101

    Treaty establishing the European Community (consolidated version) - Part Three - Community policies - TITLE VII - Economic and monetary policy - Article 101

    Official Journal C 321 E , 29/12/2006 P. 0083 - 0084
    Official Journal C 325 , 24/12/2002 P. 0072 - Consolidated version
    Official Journal C 340 , 10/11/1997 P. 0217 - Consolidated version
    Official Journal C 224 , 31/08/1992 P. 0034 - Consolidated version
    (EEC Treaty - no official publication available)


    Article 101

    1. Overdraft facilities or any other type of credit facility with the ECB or with the central banks of the Member States (hereinafter referred to as "national central banks") in favour of Community institutions or bodies, central governments, regional, local or other public authorities, other bodies governed by public law, or public undertakings of Member States shall be prohibited, as shall the purchase directly from them by the ECB or national central banks of debt instruments.

    2. Paragraph 1 shall not apply to publicly owned credit institutions which, in the context of the supply of reserves by central banks, shall be given the same treatment by national central banks and the ECB as private credit institutions.

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