Article 2

Decision ECB/2010/31 is amended as follows:

  1. (1)

    Article 1 is replaced by the following:

    ‘Article 1Opening of cash accounts

    The ECB may, upon request of the NCB of a borrower Member State, open cash accounts in the name of such NCB for the processing of payments in connection with a Loan Facility Agreement or Financial Assistance Facility Agreement (hereinafter an ‘NCB cash account’).’;

  2. (2)

    Article 2 is replaced by the following:

    ‘Article 2Acceptance of payments on the cash accounts

    An NCB cash account shall only be used to process payments in connection with a Loan Facility Agreement or Financial Assistance Facility Agreement.’.