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anx_ANNEX__point_1__text_2

The Commission will entrust the financial management of the Fund either to the European Investment Bank or, in accordance with Article 14, point (b), to an appropriate financial institution (hereinafter ‘the depository bank’). The depository bank shall manage the Fund pursuant to a brief by the Commission.

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Source: EUR-Lex (Cellar) · retrieved 2026-11-07 · Text as adopted (Official Journal); later amendments are not incorporated in this text.