Commission Delegated Regulation (EU) No 907/2014 of 11 March 2014 supplementing Regulation (EU) No 1306/2013 of the European Parliament and of the Council with regard to paying agencies and other bodies, financial management, clearance of accounts, securities and use of euro (c. 907)

CHAPTER IV U.K. SECURITIES

SECTION 2 U.K. Requirement of a Security

Article 17 U.K. Responsible party

A security shall be given by or on behalf of the party responsible for paying the sum of money due if an obligation is not met.