art_52__para_1__point_a__text_1
the cost of a central counterparty accepting a government guarantee instead of non-cash collateral when auctioning allowances as forwards shall be borne by the auctioning Member State offering the government guarantee;
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Source: EUR-Lex (Cellar) · retrieved 2026-10-30 · Text as adopted (Official Journal); later amendments are not incorporated in this text.