(b)

the first subparagraph of paragraph 5 is replaced by the following: ‘5. Member States may decide that the liabilities of the depositor to the credit institution that have fallen due before the date on which a relevant administrative authority makes a determination as referred to in Article 2(1), point (8)(a), or a judicial authority makes a ruling as referred to in Article 2(1), point (8)(b), are deducted from the total amount of that depositor’s eligible deposits to the extent that the set-off is possible under the statutory and contractual provisions governing the contract between the credit institution and the depositor.’ ;

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Source: EUR-Lex (Cellar) · retrieved 2026-10-08 · Text as adopted (Official Journal); later amendments are not incorporated in this text.