Updated 05/02/2025
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Article 123 - Directive 2014/59/EU (BRRD)

Article 123

Amendment to Directive 2012/30/EU

In Article 45 of Directive 2012/30/EU, the following paragraph is added:

‘3.   Member States shall ensure that Article 10, Article 19(1), Article 29(1), (2) and (3), the first subparagraph of Article 31(2), Articles 33 to 36 and Articles 40, 41 and 42 of this Directive do not apply in the case of use of the resolution tools, powers and mechanisms provided for in Title IV of Directive 2014/59/EU of the European Parliament and of the Council (*10).