[eu]cite

Home› Banking & Credit Institutions› EinSiG-EN

Part 3 · Deposit Guarantee Schemes  ›  Chapter 1 · Financing and Target Level of Deposit Guarantee Schemes and Use of Their Funds › Section 20

Use of the available financial means

(1) The available financial means of deposit guarantee schemes are to be used for the following purposes: 1. compensating depositors and financing the compensation of depositors in accordance with this Act, and 2. contributions to offset losses under section 145 of the Recovery and Resolution Act in the context of resolving CRR credit institutions.
(2) Recognised institutional protection schemes may also use their available financial means for measures under section 49.

←→ also move between sections