Part 14

PROTOCOL ON DENMARK AS REGARDS ECONOMIC AND MONETARY UNION Icon

Article 1

In view of the notice given to the Council by the Danish Government on 3 November 1993, Denmark shall have an exemption. The effect of the exemption shall be that all provisions of the Constitution and the Statute of the European System of Central Banks and the European Central Bank referring to a derogation shall be applicable to Denmark.

Article 2

As for the abrogation of the exemption, the procedure referred to in Article 3-198 of the Constitution shall only be initiated at the request of Denmark.

Article 3

In the event of abrogation of the exemption status, the provisions of this Protocol shall cease to apply.

15. PROTOCOL ON CERTAIN TASKS OF THE NATIONAL BANK OF DENMARK

Sole article

Article 14 of the Protocol on the Statute of the European System of Central Banks and of the European Central Bank shall not affect the right of the National Bank of Denmark to carry out its existing tasks concerning those parts of Denmark which are not part of the Union.

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