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AI Summary of Article 1

Version status: Entered into force | Document consolidation status: No known changes
Version date: 19 July 2016 - onwards
Version 2 of 2

Article 1

Regulation (EU) No 575/2013 is amended as follows:

(1) in Article 493(1), the second sentence is replaced by the following:

''This exemption is available until 31 December 2020 or the date of entry into force of any amendments pursuant to paragraph 2 of this Article, whichever is the earlier.'';

(2) in Article 498(1), the second subparagraph is replaced by the following:

''This exemption shall apply until 31 December 2020 or the date of entry into force of any amendments pursuant to paragraphs 2 and 3, whichever is the earlier.''.