Recital 58

(58) For the purposes of voting and taking decisions, each Member State should have one voting representative. Therefore, the heads of the supervisory authorities of obliged entities in each Member State should appoint a permanent representative as the voting member of the General Board in supervisory composition. Alternatively, depending on the subject matter of the decision or agenda of a given General Board meeting, the supervisory authorities of a Member State should be able to appoint an ad hoc representative. The practical arrangements related to decision-making and voting by the General Board members in supervisory composition should be laid down in the rules of procedure of the General Board, to be developed by the Authority.

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Source: EUR-Lex CELLAR · retrieved 2026-09-04 · Text as adopted (Official Journal); later amendments are not incorporated in this text.