Version detected , Modified +0 −15§
no amending act named
Explanation, written by a model and checked against the cited text
The wording of points (a), (b) and (c) was tightened by removing the phrase "it is" before describing the relevant date, with the same dates and cross-references retained.
Cited: Art. 491, v1 (external, EUR-Lex) · Art. 491, v2 (external, EUR-Lex)
v1 is the previous version, v2 this one.
Text from EUR-Lex, before and after
Previous version 32013R0575 → this version, detected 13 August 2026 02013R0575-20130628
Article 491
Effective maturity
For the purposes of Articles 489 and 490, effective maturity shall be determined as follows:
(a) for the items referred to in paragraphs 3 and 5 of those Articles, it is the date of the first call with an incentive to redeem occurring on or after 1 January 2013;
(b) for the items referred to in paragraph 4 of those Articles, it is the date of the first call with an incentive to redeem occurring between 31 December 2011 and 1 January 2013;
(c) for the items referred to in paragraph 6 of those Articles, it is the date of the first call with an incentive to redeem prior to 31 December 2011.