Legislation To Insert An Article 36/45 To The Law Of 22 February 1998 Establishing The Organic Statute Of The National Bank Of Belgium (1)

Original Language Title: Loi visant à insérer un article 36/45 à la loi du 22 février 1998 fixant le statut organique de la Banque nationale de Belgique (1)

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Posted the: 2014-05-07 Numac: 2014003197 FEDERAL finance PUBLIC SERVICE April 25, 2014. -Legislation to insert an article 36/45 to the law of 22 February 1998 establishing the Organic Statute of the National Bank of Belgium (1) PHILIPPE, King of the Belgians, to all, present and to come, hi.
The Chambers have adopted and we endorse the following: Article 1. This Act regulates a matter referred to in article 77 of the Constitution.
2. in chapter IV/3, section 5, of the law of 22 February 1998 establishing the Organic Statute of the National Bank of Belgium, inserted by the Act of April 25, 2014 establishing mechanisms of a macro-prudential policy and setting out the specific tasks assigned to the National Bank of Belgium in the context of its mission to contribute to the stability of the financial system , inserted a section 36/45 as follows: "article 36/45. § 1. The recommendations issued by the Bank pursuant to this chapter are not subject to appeal suspension or annulment before the Council of State.
§ 2. Excluding any possibility of appeal, an action for annulment is open to the Council of State against acts of regulatory or individual scope adopted by the Bank under article 36/34 or by national authorities under articles 36/38 and 36/41, under an expedited procedure determined by the King. This appeal is not suspensive. "."
Promulgate this Act, order that it self under the seal of the State and published by le Moniteur.
Given to Brussels, April 25, 2014.
PHILIPPE by the King: Deputy Prime Minister and Minister of the Interior and of equality of opportunity, Ms. J. MILQUET. the Minister of finance, K. GARG sealed with the seal of the State: the Minister of Justice, Ms. A. TURTELBOOM _ Note House of representatives (www.lachambre.be) Documents: complete record 53-3522: April 3, 2014.
Senate (www.senate.be) Document: 5-2845 project not mentioned by the Senate: April 24, 2014.