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Document 11992M/PRO/SEBC/47

    Treaty on European Union - Protocol on the statute of the european system of central banks and of the European Central Bank - Chapter IX: Transitional and other provisions for the ESCB - Article 47: Responsibilities of the General Council

    OV C 191, 29.7.1992, p. 78 (ES, DA, DE, EL, EN, FR, IT, NL, PT)

    Legal status of the document In force

    ELI: http://data.europa.eu/eli/treaty/teu/pro_3/art_47/sign

    11992M/PRO/SEBC/47

    Treaty on European Union - Protocol on the statute of the european system of central banks and of the European Central Bank - Chapter IX: Transitional and other provisions for the ESCB - Article 47: Responsibilities of the General Council

    Official Journal C 191 , 29/07/1992 P. 0078


    Article 47

    Responsibilities of the General Council

    47.1. The General Council shall:

    - perform the tasks referred to in Article 44;

    - contribute to the advisory functions referred to in Articles 4 and 25.1.

    47.2. The General Council shall contribute to:

    - the collection of statistical information as referred to in Article 5;

    - the reporting activities of the ECB as referred to in Article 15;

    - the establishment of the necessary rules for the application of Article 26 as referred to in Article 26.4;

    - the taking of all other measures necessary for the application of Article 29 as referred to in Article 29.4;

    - the laying down of the conditions of employment of the staff of the ECB as referred to in Article 36.

    47.3. The General Council shall contribute to the necessary preparations for irrevocably fixing the exchange rates of the currencies of Member States with a derogation against the currencies, or the single currency, of the Member States without a derogation, as referred to in Article 109l(5) of this Treaty.

    47.4. The General Council shall be informed by the President of the ECB of decisions of the Governing Council.

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