2 Amendments of Gay MITCHELL related to 2008/0082(COD)
Amendment 27 #
Proposal for a directive – amending act
Article 1 – point -1 b (new)
Article 1 – point -1 b (new)
Directive 98/26/EC
Recital 14 b (new)
Recital 14 b (new)
Amendment 48 #
Proposal for a directive – amending act
Article 2 – point 3 – subpoint a
Article 2 – point 3 – subpoint a
Directive 2002/47/EC
Article 3 – paragraph 1 – subparagraph 1a (new)
Article 3 – paragraph 1 – subparagraph 1a (new)
(a) In pParagraph 1, the following subparagraph is added: “W shall be replaced by the following: “1. Without prejudice to Article 1(5), when credit claims are provided as financial collateral, Member States shall not require that their creation, perfection, validity or, admissibility in evidence, of their provision as financial collateral under a financial collateral arrangementr enforceability be dependent on the performance of any formal act such as the registration or the notification of the debtor of the credit claim provided as collateral.” Member States may, however, maintain the performance of a formal act, such as registration or notification, for purposes of perfection, priority or enforceability against the debtor and/or third parties."