CHAPTER I

GENERAL PROVISIONS

Definitions
Article 1
1
The terms defined in Article 1 of Guideline ECB/2010/20 shall have the same meaning when used in this Decision.
2
Other technical terms used in this Decision shall have the same meaning as in Annex II to Guideline ECB/2010/20.

Scope of application
Article 2
The rules set out in this Decision shall apply to the annual accounts of the European Central Bank (ECB) comprising the balance sheet, items recorded in the books of the ECB off-balance-sheet, the profit and loss account and the notes to the annual accounts of the ECB.

Basic accounting assumptions
Article 3
The basic accounting assumptions defined in Article 3 of Guideline ECB/2010/20 shall also apply for the purposes of this Decision.

Recognition of assets and liabilities
Article 4
A financial or other asset/liability shall only be recognised in the balance sheet of the ECB in accordance with Article 4 of Guideline ECB/2010/20.

Economic and cash/settlement approaches
Article 5
The rules set out in Article 5 of Guideline ECB/2010/20 shall apply to this Decision.