CHAPTER IITASKS AND POWERS OF THE AUTHORITY

Article 12Revocation of the delegation

1

The delegation of power referred to in Article 10 may be revoked at any time by the European Parliament or by the Council.

2

The institution which has commenced an internal procedure for deciding whether to revoke a delegation of power shall endeavour to inform the other institution and the Commission within a reasonable time before the final decision is taken, indicating the delegated power which could be subject to revocation.

3

The decision of revocation shall put an end to the delegation of the power specified in that decision. It shall take effect immediately or at a later date specified therein. It shall not affect the validity of the regulatory technical standards already in force. It shall be published in the Official Journal of the European Union.