AI Summary of Regulation 9 Extract relating to reorganisation measure to be published in Official Journal and in national newspapers
Regulation 9 Extract relating to reorganisation measure to be published in Official Journal and in national newspapers
(1) If -
(a) a decision to implement a reorganisation measure made by an administrative or judicial authority of the State in relation to an authorised institution is likely to affect the rights of third parties in one or more other Member States, and
(b) a right of appeal lies in the State against the decision,
the authority shall, to facilitate the prompt exercise of the right of appeal, arrange for an extract from the decision to be published in the Official Journal of the European Union and in 2 national newspapers in each of the other Member States concerned.
(2) The administrative or judicial authority concerned shall, without delay, forward the extract by the most appropriate means to the Office for Official Publications of the European Union and to the 2 national newspapers in each of the other Member States concerned.
(3) The extract must specify, in the official language or languages of each of the other Member States concerned -
(a) the purpose and legal basis of the decision taken,
(b) the deadline for lodging an appeal in respect of the decision, and
(c) the full address of the judicial authority that has jurisdiction to hear such an appeal.