Article 38
Committee procedure
1.
The Commission shall be assisted by the European Securities Committee established by Commission Decision 2001/528/EC (
17
).
3.
Where reference is made to this paragraph, Article 5 and Article 7 of Decision 1999/468/EC shall apply, having regard to the provisions of Article 8 thereof.
The period laid down in Article 5(6) of Decision 1999/468/EC shall be set at three months.
( 17 ) OJ L 191, 13.7.2001, p. 45.