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Chapter V · POWERS OF INTERVENTION OF COMPETENT AUTHORITIES AND OF ESMA  ›  Section 1 · Powers of competent authorities › Article 24

Period of restrictions

A measure imposed under Article 18, 19, 20 or 21 shall be valid for an initial period not exceeding 3 months from the date of publication of the notice referred to in Article 25.

The measure may be renewed for further periods not exceeding 3 months if the grounds for taking the measure continue to apply. If the measure is not renewed by the end of such a 3-month period, it shall automatically expire.

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