CHAPTER VSECURITIES

SECTION 4Information

Article 56Information on securities forfeiture, types of securities and guarantors

1

Member States shall keep available for the Commission, for each year, the total number and sum of securities forfeited, whatever stage of the procedure set out in Article 55 has been reached, distinguishing in either case between those credited to the national budgets and those credited to the budget of the Union. That information shall be kept in relation to all securities forfeited for an amount greater than EUR 1 000 and each Union provision requiring that a security be given. The information shall cover both sums paid directly by the interested party and sums recovered by realising a security.

2

Member States shall keep at the Commission’s disposal a list of:

a

the types of institutions authorised to act as guarantors and the requirements laid down in that respect;

b

the types of security accepted pursuant to Article 51(2) and the requirements laid down in that respect.