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Regulation (EU) No 806/2014 of the European Parliament and of the CouncilShow full title
Regulation (EU) No 806/2014 of the European Parliament and of the Council of 15 July 2014 establishing uniform rules and a uniform procedure for the resolution of credit institutions and certain investment firms in the framework of a Single Resolution Mechanism and a Single Resolution Fund and amending Regulation (EU) No 1093/2010
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Article 60Part II of the budget on the Fund
1.The revenues of Part II of the budget shall consist, in particular, of the following:
(a)contributions paid by institutions established in the participating Member States in accordance with Article 67(4) and Articles 69, 70 and 71;
(b)loans received from other resolution financing arrangements in non-participating Member States in accordance with Article 72(1);
(c)loans received from financial institutions or other third parties in accordance with Articles 73 and 74;
(d)returns on the investments of the amounts held in the Fund in accordance with Article 75;
(e)any part of the expenses incurred for the purposes indicated in Article 76 which are recovered in the resolution proceedings.
2.The expenditure of Part II of the budget shall consist of the following:
(a)expenses for the purposes indicated in Article 76;
(b)investments in accordance with Article 75;
(c)interest paid on loans received from other resolution financing arrangements in non-participating Member States in accordance with Article 72(1);
(d)interest paid on loans received from financial institutions or other third parties in accordance with Articles 73 and 74.
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