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Document 12001C005

Treaty of Nice amending the Treaty on European Union, the Treaties establishing the European Communities and certain related acts
Part 1 - Substantive Amendments
Article 5

OJ C 80, 10.3.2001, p. 42–42 (ES, DA, DE, EL, EN, FR, IT, NL, PT, FI, SV)

Legal status of the document In force

ELI: http://data.europa.eu/eli/treaty/nice/art_5/sign

12001C005

Treaty of Nice amending the Treaty on European Union, the Treaties establishing the European Communities and certain related acts - Part 1 - Substantive Amendments - Article 5

Official Journal 080 , 10/03/2001 P. 0042 - 0042


Article 5

The Protocol on the Statute of the European System of Central Banks and of the European Central Bank shall be amended in accordance with the provisions of this Article.

In Article 10, the following paragraph shall be added: "10.6 Article 10.2 may be amended by the Council meeting in the composition of the Heads of State or Government, acting unanimously either on a recommendation from the ECB and after consulting the European Parliament and the Commission, or on a recommendation from the Commission and after consulting the European Parliament and the ECB. The Council shall recommend such amendments to the Member States for adoption. These amendments shall enter into force after having been ratified by all the Member States in accordance with their respective constitutional requirements.

A recommendation made by the ECB under this paragraph shall require a decision by the Governing Council acting unanimously."

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