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TITLE IVU.K.PENALTIES, COMMITTEE PROCEDURE, REPORTING AND TRANSITIONAL AND FINAL PROVISIONS

CHAPTER IU.K. [F1Penalties, fines, periodic penalty payments, committee procedure, delegated powers and reporting]

Article 38U.K.Committee procedure

1.The Commission shall be assisted by the European Securities Committee established by Commission Decision 2001/528/EC(1).

F22.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3.Where reference is made to this paragraph, Article 5 and Article 7 of Decision 1999/468/EC shall apply, having regard to the provisions of Article 8 thereof.

The period laid down in Article 5(6) of Decision 1999/468/EC shall be set at three months.