1 Amendments of Gunnar HÖKMARK related to 2008/0082(COD)
Amendment 49 #
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, validity or admissibility in evidence of their provision as financial collateral under a financial collateral arrangement, perfection, priority, enforceability or admissibility in evidence between the parties 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, require 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.”