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[F1CHAPTER IIa U.K. IMPLEMENTING ACTS AND PENALTIES

Article 14a U.K. Committee procedure

1. The Commission shall be assisted by the European Securities Committee established by Commission Decision 2001/528/EC (1) . That committee shall be a committee within the meaning of Regulation (EU) No 182/2011 of the European Parliament and of the Council (2) .

2. Where reference is made to this paragraph, Article 5 of Regulation (EU) No 182/2011 shall apply.

Article 14b U.K. Measures and penalties

Member States shall lay down the rules on measures and penalties applicable to infringements of national provisions adopted pursuant to this Directive and shall take all measures necessary to ensure that they are implemented.

The measures and penalties provided for shall be effective, proportionate and dissuasive. Member States shall, by 10 June 2019 , notify the Commission of those rules and of those implementing measures and shall notify it, without delay, of any subsequent amendment affecting them.]

(1)

[F1Commission Decision 2001/528/EC of 6 June 2001 establishing the European Securities Committee ( OJ L 191, 13.7.2001, p. 45 ).]

(2)

[F1Regulation (EU) No 182/2011 of the European Parliament and of the Council of 16 February 2011 laying down the rules and general principles concerning mechanisms for control by Member States of the Commission’s exercise of implementing powers ( OJ L 55, 28.2.2011, p. 13 ).]