Transitional provision

(1) Sections 3 to 5 of the Deposit Guarantee and Investor Compensation Act of 16 July 1998 (Federal Law Gazette I, p. 1842), as last amended by Article 6 of the Act of 15 July 2014 (Federal Law Gazette I, p. 934), in the version in force until then, continue to apply to compensation events determined before the entry into force of the Deposit Guarantee Act of 28 May 2015 (Federal Law Gazette I, p. 786).
(2) Until the amounts named in section 17(2) are first reached, the thresholds under section 49(3) apply not to those amounts but to the financial means previously available.
(3) Section 8 of the Deposit Guarantee and Investor Compensation Act of 16 July 1998 (Federal Law Gazette I, p. 1842), as last amended by Article 6 of the Act of 15 July 2014 (Federal Law Gazette I, p. 934), and the provisions of the EdB Contribution Ordinance of 10 July 1999 (Federal Law Gazette I, p. 1540), as last amended by Article 5 of the Ordinance of 30 January 2014 (Federal Law Gazette I, p. 322), issued under section 8(8), first sentence of the Deposit Guarantee and Investor Compensation Act, and of the EdVÖB Contribution Ordinance of 10 July 1999 (Federal Law Gazette I, p. 1538), as last amended by Article 4 of the Ordinance of 30 January 2014 (Federal Law Gazette I, p. 322), continue to apply to the annual contributions, one-off payments, special contributions and special payments that were to be raised for the contribution years ending by 30 September 2014.
(4) The annual contributions for CRR credit institutions allocated under section 24(1), nos. 1 and 2 are raised, for the contribution year ending 30 September 2015, by way of derogation from section 19(2) to (4), under section 8 of the Deposit Guarantee and Investor Compensation Act of 16 July 1998 (Federal Law Gazette I, p. 1842), as last amended by Article 6 of the Act of 15 July 2014 (Federal Law Gazette I, p. 934), and the provisions of the EdB Contribution Ordinance of 10 July 1999 (Federal Law Gazette I, p. 1540), as last amended by Article 5 of the Ordinance of 30 January 2014 (Federal Law Gazette I, p. 322), issued under section 8(8), first sentence of the Deposit Guarantee and Investor Compensation Act, and the EdVÖB Contribution Ordinance of 10 July 1999 (Federal Law Gazette I, p. 1538), as last amended by Article 4 of the Ordinance of 30 January 2014 (Federal Law Gazette I, p. 322).
(5) The articles of a recognised institutional protection scheme under section 47(1) may permit the protection scheme to levy the annual contribution for the contribution year ending in 2015 by way of derogation from the provisions of this Act.
(6) Institutional protection schemes recognised as deposit guarantee schemes under section 43 as at 29 December 2020 must, by 29 December 2021, adapt their articles so as to be able, in a resolution, to levy special contributions under section 48(2), no. 2 to fulfil the obligations arising from liability under section 145 of the Recovery and Resolution Act.