Retained EU Law SI 2006/1016 United Kingdom

Council Decision of 19 December 2006 granting a Community guarantee to the European Investment Bank against losses under loans and loan guarantees for projects outside the Community (2006/1016/EC)

Read it on legislation.gov.uk (opens in a new tab)
Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Plus 3 duties on the regulator, Crown ministers and public bodies — folded into the section list below.

What it requires

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

s.art006 Reporting and accounting Regulated
Other duties (1) — Crown / regulator
  • European Commission must report annually on EIB financing operationsCrown / Minister / Government department
s.art007 Recovery of payments made by the Commission Regulated
Other duties (1) — Crown / regulator
  • EIB must pursue recovery of payments made under the Community guaranteeCrown / Minister / Government department
s.art009 Review of the Decision Regulated
Other duties (1) — Crown / regulator
  • Commission must present mid-term and final reports on EIB guarantee decisionCrown / Minister / Government department
8 other provisions — procedural and definitional
uri:annex/ii/division/2 uri:annex/ii/division/2
s.art001 Guarantee and ceilings
s.art002 Countries covered
s.art003 Consistency with policies of the European Union
s.art004 Cooperation with other International Financial Institutions
s.art005 Coverage and terms of the Community Guarantee
s.art008 Guarantee agreement
s.art010 Application

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.