S.L. 330.9 Art. 24Decision to provide financial support.

The decision to provide group financial support in accordance with the agreement shall be taken by the board of directors of the group entity providing financial support. That decision shall be reasoned and shall indicate the objective of the proposed financial support. In particular, the decision shall indicate how the provision of the financial support complies with the conditions laid down in regulation 23. The decision to accept group financial support in accordance with the agreement shall be taken by the board of directors of the group entity receiving financial support.