Examples of using Sub-frontloading in English and their translations into Danish
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Sub-frontloading» to companies.
Article 16 Conditions applying to delivery of euro banknotes and coins for sub-frontloading 1.
Sub-frontloading» of coins to companies.
Some of thiscash was passed on to retailers and other companies" sub-frontloading.
Sub-frontloading» of banknotes to companies.
Some of this cash was thenpre-distributed to retailers and other companies" sub-frontloading.
Sub-frontloading to retailers and the cash-operated machine industry started at the same time as the frontloading operation.
A future Eurosystem NCB shall prohibit eligible counterparties from sub-frontloading euro banknotes and coins to the general public.
Sub-frontloading of professional third parties may not start before the frontloading/ sub-frontloading period has commenced.
Data items for future Eurosystem NCBs 5.1 5.2 5.3 Ante legal tender stocks Frontloading Sub-frontloading future Eurosystem NCB frontloaded eligible counterparties.
This sub-frontloading shall take place under the following conditions:--- sub-frontloading shall only be possible from 1 December 2001.
A future Eurosystem NCB may not start delivery of euro banknotes andcoins for frontloading before the frontloading/ sub-frontloading period has commenced.
Sub-frontloading» means the delivery of frontloaded euro banknotes and coins by an eligible counterparty to professional third parties in the territory of a future participating Member State during the frontloading/ sub-frontloading period;
Guideline of the ECB of 14 July 2006 on certain preparations for the euro cash changeover and on frontloading and sub-frontloading of euro banknotes and coins outside the euro area ECB/ 2006/9.
Frontloading of euro banknotes andcoins to eligible counterparties, and sub-frontloading to professional third parties, would contribute to a smooth cash changeover, alleviate the logistical burden of adopting the euro and contribute to reducing the costs associated with dual currency circulation.
Guideline of the ECB of 19 June 2008 amending Guideline ECB/ 2006/9 on certain preparations for the euro cash changeover and on frontloading and sub-frontloading of euro banknotes and coins outside the euro area ECB/ 2008/4.
The rules and procedures concerning frontloading and sub-frontloading laid down in this Guideline shall be applied to frontloading and sub-frontloading arrangements regardless of whether a future Eurosystem NCB:( i) borrows the banknotes and coins to be frontloaded; or( ii) produces or procures them.
The said statutory or contractual arrangements shall specify the destination of these financial penalties,which shall be paid to the relevant sub-frontloading central bank outside the euro area and shall be forwarded by the latter to the relevant frontloading NCB;
Frontloading to eligible counterparties and sub-frontloading to professional third parties may only take place if statutory provisions in the future participating Member States provide sufficient protection, or contractual arrangements are established between the parties involved, in relation to:( i) loans of euro banknotes and coins for frontloading;( ii) frontloading;
GUIDELINE OF THE EUROPEAN CENTRAL BANK of 14 July 2006 on certain preparations for the euro cash changeover and on frontloading and sub-frontloading of euro banknotes and coins outside the euro area( ECB/ 2006/9)( 2006/525/ EC) OJ L 207, 28.7.2006, p. 39.
The delivery of euro banknotes and coins by a Eurosystem NCB to a future Eurosystem NCB shall not take place before the delivering Eurosystem NCB and the receiving future Eurosystem NCB have concluded contractual arrangements stipulating that the conditions set out in this Guideline apply to the loan of euro banknotes andcoins to the future Eurosystem NCB, and hence will be applied when establishing the arrangements for frontloading and sub-frontloading.
Article 16 Exclusion of the general public NCBs shall prohibit credit institutions andtheir appointed agents from concluding any sub-frontloading arrangements regarding euro banknotes which would have the effect of anticipated circulation of euro banknotes amongst the general public.
In addition, the existing distribution channels provided by noneuro area credit institutions specialising in the wholesale distribution of banknotes to other credit institutions could also be used for the cash changeover, thereby contributing to the smooth changeover to euro banknotes; therefore,frontloading to these institutions, and their subsequent sub-frontloading to other credit institutions outside the euro area, should be allowed under certain conditions.
Frontloading of euro banknotes andcoins to eligible counterparties, and sub-frontloading to professional third parties, would contribute to a smooth cash changeover, alleviate the logistical burden of adopting the euro and contribute to reducing the costs associated with dual currency circulation.
Non-euro area specialised credit institutions shall be entitled to sub-frontload euro banknotes to other credit institutions outside the euro area under the following conditions:--- sub-frontloading shall only be possible from 1 December 2001.
A future Eurosystem NCB shall observe the following accounting andfinancial reporting obligations in relation to delivering Eurosystem NCB( s):( a) During the frontloading/ sub-frontloading period, the future Eurosystem NCB shall record the amount of euro banknotes and coins delivered for the purpose of frontloading( and for launch requirements) off-balance sheet at their face value.
These plans were based on, among other things,the legal framework adopted by the Governing Council in July 2006 in relation to certain preparations for the euro cash changeover and the frontloading and sub-frontloading of euro banknotes and coins outside the euro area.
Frontloading and sub-frontloading of euro banknotes and coins should not amount to putting such euro banknotes and coins into circulation as they will not have the status of legal tender in the future participating Member States before the cash changeover date; consequently the contractual arrangements for loans of euro banknotes and coins should contain obligations to impose certain restrictions on eligible counterparties and professional third parties in order to avoid this happening.
GUIDELINE OF THE EUROPEAN CENTRAL BANK of 14 July 2006 on certain preparations for the euro cash changeover and on frontloading and sub-frontloading of euro banknotes and coins outside the euro area( ECB/ 2006/9)( 2006/525/ EC) THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK.
Article 18 Verification Future Eurosystem NCBs shall forward to the ECB copies of any legal instruments andmeasures adopted in their Member State in relation to this Guideline at the latest three months prior to commencement of the frontloading/ sub-frontloading period, however not before any decision on abrogation of the derogation has been taken in relation to such Member State.