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Document 11992E068

TREATY ESTABLISHING THE EUROPEAN COMMUNITY
PART THREE: COMMUNITY POLICIES
TITLE III: FREE MOVEMENT OF PERSONS, SERVICES AND CAPITAL
CHAPTER 4: CAPITAL AND PAYMENTS
ARTICLE 68

/* CODIFIED VERSION OF THE TREATY ESTABLISHING THE EUROPEAN COMMUNITY */

Legal status of the document In force

ELI: http://data.europa.eu/eli/treaty/tec_1992/art_68/oj

11992E068

TREATY ESTABLISHING THE EUROPEAN COMMUNITY - PART THREE: COMMUNITY POLICIES - TITLE III: FREE MOVEMENT OF PERSONS, SERVICES AND CAPITAL - CHAPTER 4: CAPITAL AND PAYMENTS - ARTICLE 68 /* CODIFIED VERSION OF THE TREATY ESTABLISHING THE EUROPEAN COMMUNITY */

Official Journal C 224 , 31/08/1992 P. 0024


Article 68

1. Member States shall, as regards the matters dealt with in this Chapter, be as liberal as possible in granting such exchange authorizations as are still necessary after the entry into force of this Treaty.

2. Where a Member State applies to the movements of capital liberalized 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 Invesment Bank.

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