PART THREEU.K. UNION POLICIES AND INTERNAL ACTIONS

TITLE VIIIU.K. ECONOMIC AND MONETARY POLICY

CHAPTER 2U.K.MONETARY POLICY

Article 132U.K.(ex Article 110 TEC)

1.In order to carry out the tasks entrusted to the ESCB, the European Central Bank shall, in accordance with the provisions of the Treaties and under the conditions laid down in the Statute of the ESCB and of the ECB:

2.The European Central Bank may decide to publish its decisions, recommendations and opinions.

3.Within the limits and under the conditions adopted by the Council under the procedure laid down in Article 129(4), the European Central Bank shall be entitled to impose fines or periodic penalty payments on undertakings for failure to comply with obligations under its regulations and decisions.