Version in force , Modified +358 −0§
Amended by Regulation (EU) 2026/808 32026R0808 on EUR-Lex (external, EUR-Lex)
Explanation, written by a model and checked against the cited text
A new paragraph has been added requiring the Board to inform the Commission and the ECB as soon as it considers that activation of the financial arrangements contracted for the Fund under this Article might be necessary.
The same new paragraph also requires the Board to provide the Commission and the ECB with all information necessary for the performance of their tasks in respect of those financial arrangements, a requirement absent from the earlier text.
Cited: Art. 74, v2 (external, EUR-Lex) · Art. 74, v1 (external, EUR-Lex)
v1 is the previous version, v2 this one.
Text from EUR-Lex, before and after
Previous version, in force 10 November 2025 02014R0806-20251110 → this version, in force 11 June 2026 02014R0806-20260611
Article 74 Access to financial facility The Board shall contract for the Fund financial arrangements, including, where possible, public financial arrangements, regarding the immediate availability of additional financial means to be used in accordance with Article 76, where the amounts raised or available in accordance with Articles 70 and 71 are not sufficient to meet the Funds' obligations.The Board shall inform the Commission and the ECB as soon as it considers that it might be necessary to activate the financial arrangements contracted for the Fund in accordance with this Article, and shall provide the Commission and the ECB with all of the information necessary for the performance of their tasks in respect of those financial arrangements.