Chapter V, Section 2, Article 54, Paragraph 2. · Commission Implementing Regulation (EU) 2022/128

Contents

1. Any form of security may be replaced by another. However,…
2. A block security may be replaced by another block security…
3. As soon as part of a block security is assigned to a parti…

2.A block security may be replaced by another block security on condition that the new block security covers at least that part of the original block security assigned at the time of replacement to ensure fulfilment of one or more obligations still outstanding.