Agreement of 14 December 2007 between the European Central Bank and the national central banks of the Member States outside the euro area amending the Agreement of 16 March 2006 between the European Central Bank and the national central banks of the Member States outside the euro area laying down the operating procedures for an exchange rate mechanism in stage three of economic and monetary union
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Article 1 Amendment to the ERM II Central Bank Agreement in view of the abrogation of a Member State's derogation
1.1 The Central Bank of Cyprus shall no longer be party to the ERM II Central Bank Agreement from 1 January 2008. 1.2 The Central Bank of Malta shall no longer be party to the ERM II Central Bank Agreement from 1 January 2008.
Article 2 Replacement of Annex II to the ERM II Central Bank Agreement
Annex II to the ERM II Central Bank Agreement is replaced by the text set out in the Annex to this Agreement.
Article 3 Final provisions
3.1. This Agreement amends, with effect from 1 January 2008, the ERM II Central Bank Agreement. 3.2. This Agreement shall be drawn up in the English language and duly signed by the parties. The ECB, which shall retain the original Agreement, shall send a certified copy thereof to each euro area and non-euro area NCB. The Agreement shall be published in the Official Journal of the European Union.
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