41In the third place, as regards the objective pursued by Directive 2014/59 and by Delegated Regulation 2015/63, it is clear from Article 102(1) and Article 103(1) of that directive and from Article 4(2) of that delegated regulation that the annual collection of ordinary contributions from institutions was put into place in order to ensure that, by 31 December 2024, the financial means available for the Member States’ financing arrangements will come to at least 1% of the amount of covered deposits of all the institutions authorised in their territory.
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