Article 27
Entry into force and application
1. This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.
2. Articles 4, 5, 6 and 7 and Article 8(1), (2) and (3) shall apply:
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(a) |
in respect of the environmental objectives referred to in points (a) and (b) of Article 9 from 1 January 2022; and |
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(b) |
in respect of the environmental objectives referred to in points (c) to (f) of Article 9 from 1 January 2023. |
3. Article 4 shall not apply to certificate-based tax incentive schemes that exist prior to the entry into force of this Regulation and that set out requirements for financial products that aim to finance sustainable projects.
This Regulation shall be binding in its entirety and directly applicable in all Member States.
Done at Brussels, 18 June 2020.
For the European Parliament
The President
D. M. SASSOLI
For the Council
The President
N. BRNJAC