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Provision history · CRR

Art. 462 · Exercise of the delegation

Capital Requirements Regulation · 32013R0575 · every version of this act · on EUR-Lex (external, EUR-Lex)

4 changes recorded across 4 versions, newest first.

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Version in force , Modified +42 −48

Amended by Regulation (EU) 2021/424 32021R0424 on EUR-Lex (external, EUR-Lex)

Applies from: no date changed

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Found in the text, but not every source lists it — the text comparison found this change; the EU's own amendment metadata does not list it and the amending act's instructions do not mention it. Only the text comparison found it. All are shown; none is overruled.

Explanation, written by a model and checked against the cited text

In paragraphs 2, 3 and 6, the reference to "Articles 456 to 460" is replaced with a listing of "456, 457, 459, 460", so Article 458 is no longer named among the articles covered by the delegation, revocation and objection provisions.

Cited: Art. 462, v1 (external, EUR-Lex) · Art. 462, v2 (external, EUR-Lex)

v1 is the previous version, v2 this one.

Text from EUR-Lex, before and after

Previous version, in force 28 June 2021 02013R0575-20210629 → this version, in force 30 September 2021 02013R0575-20210930

Article 462 Exercise of the delegation 1. The power to adopt delegated acts is conferred on the Commission subject to the conditions laid down in this Article. 2. The power to adopt delegated acts referred to in Articles 244(6) and 245(6), in Articles 456 to 456, 457, 459, 460 and in Article 461a shall be conferred on the Commission for an indeterminate period of time from 28 June 2013. 3. The delegation of power referred to in Articles 244(6) and 245(6), in Articles 456 to 456, 457, 459, 460 and in Article 461a may be revoked at any time by the European Parliament or by the Council. A decision to revoke shall put an end to the delegation of the power specified in that decision. It shall take effect the day following the publication of the decision in the Official Journal of the European Union or at a later date specified therein. It shall not affect the validity of the delegated acts already in force. 4. Before adopting a delegated act, the Commission shall consult experts designated by each Member State in accordance with the principles laid down in the Interinstitutional Agreement of 13 April 2016 on Better Law-Making. 5. As soon as it adopts a delegated act, the Commission shall notify it simultaneously to the European Parliament and to the Council. 6. A delegated act adopted pursuant to Articles 244(6) and 245(6), Articles 456 to 456, 457, 459, 460 and in Article 461a shall enter into force only if no objection has been expressed by the European Parliament or the Council within a period of three months of notification of that act to the European Parliament and the Council or if, before the expiry of that period, the European Parliament and the Council have both informed the Commission that they will not object. That period shall be extended by three months at the initiative of the European Parliament or of the Council.

Version in force , Modified

Amended by Regulation (EU) 2019/876 32019R0876 on EUR-Lex (external, EUR-Lex)

Applies from: no date changed

Explanation, written by a model and checked against the cited text

The references in paragraphs 2, 3 and 6 to the articles covered by the delegated-power provisions now also include Article 461a alongside the previously listed Articles 244(6), 245(6) and 456 to 460.

Paragraph 6 also spells out the time periods as 'three months' rather than using the numeral '3 months', with no other change to the substance of that paragraph.

Cited: Art. 462, v2 (external, EUR-Lex) · Art. 462, v1 (external, EUR-Lex)

v1 is the previous version, v2 this one.

Text from EUR-Lex, on this version's page

Version in force , Modified

Amended by Regulation (EU) 2017/2401 32017R2401 on EUR-Lex (external, EUR-Lex) · Regulation (EU) 2019/876 32019R0876 on EUR-Lex (external, EUR-Lex)

Applies from: not readable (the text changed beyond its dates, so no date that moved can be read as the application date) why

dates added to the text: 2016-04-13

Explanation, written by a model and checked against the cited text

Paragraphs 2, 3 and 6 now also reference Articles 244(6) and 245(6) alongside Articles 456 to 460 when describing the delegated power, its revocation, and the objection period.

A new paragraph 4 has been inserted requiring the Commission to consult experts designated by each Member State before adopting a delegated act, in accordance with the Interinstitutional Agreement of 13 April 2016 on Better Law-Making, which shifts the former paragraphs 4 and 5 down to become paragraphs 5 and 6.

The earlier version contained no such consultation requirement and referred only to Articles 456 to 460 throughout, with the notification duty as paragraph 4 and the objection-period rule as paragraph 5.

Cited: Art. 462, v2 (external, EUR-Lex) · Art. 462, v1 (external, EUR-Lex)

v1 is the previous version, v2 this one.

Text from EUR-Lex, on this version's page

Version detected , Deferred

no amending act named

Applies from: 2013-06-28

dates added to the text: 2013-06-28 · dates removed: 2014-12-31

Explanation, written by a model and checked against the cited text

The start date from which the power to adopt delegated acts under Articles 456 to 460 is conferred for an indeterminate period was changed from 31 December 2014 to 28 June 2013.

Cited: Art. 462, v1 (external, EUR-Lex) · Art. 462, v2 (external, EUR-Lex)

v1 is the previous version, v2 this one.

Text from EUR-Lex, on this version's page