Agreement of 22 January 2020 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 Union2020/C 32 I/01
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Article 1 Amendment to the ERM II Central Bank Agreement in view of the withdrawal of the United Kingdom from the European Union
The Bank of England shall no longer be party to the ERM II Central Bank Agreement from 1 February 2020.
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
1 This Agreement amends the ERM II Central Bank Agreement with effect from 1 February 2020 unless, as at that date, the BoE continues to be a national central bank of a Member State.
2 This Agreement shall be drawn up in English and duly signed by the Parties’ authorised representatives. The ECB, which shall retain the original Agreement, shall send a certified copy of the original Agreement to each euro area and non-euro area national central bank. The Agreement shall be published in the Official Journal of the European Union.
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