Opinion of the European Central Bank at the request of the Austrian Federal Ministry of Finance under Article 105 (4), second indent, of the Treaty establishing the European Community and Article 4 (a) of the Statute of the European System of Central Banks and of the European Central Bank on a draft Federal Act amending the Bankwesengesetz (Banking Act), the Wertpapieraufsichtsgesetz (Securities Supervision Act), the Investmentfondgesetz (Investment Fund Act), the Beteiligungsgesetz (Equity Fund Act), the Sparkassengesetz (Savings Bank Act), the Bausparkassengesetz (Building Society Act), the Hypothekenbankengesetz (Mortgage Bank Act), the Pfandbriefgesetz (the Mortgage Bond Act), the Postsparkassengesetz (Postal Savings Bank Act), the Nationalbankgesetz 1984 (Central Bank Act), the Gewerbeordnung 1994 (Industrial Code) (Bankenaufsichtsbehördengesetz - BABG (Banking Supervisory Authority Act)) (hereinafter referred to as the "Draft Law") (CON/99/05)

Opinion of the European Central Bank at the request of the Austrian Federal Ministry of Finance under Article 105 (4), second indent, of the Treaty establishing the European Community and Article 4 (a) of the Statute of the European System of Central Banks and of the European Central Bank on a draft Federal Act amending the Bankwesengesetz (Banking Act), the Wertpapieraufsichtsgesetz (Securities Supervision Act), the Investmentfondgesetz (Investment Fund Act), the Beteiligungsgesetz (Equity Fund Act), the Sparkassengesetz (Savings Bank Act), the Bausparkassengesetz (Building Society Act), the Hypothekenbankengesetz (Mortgage Bank Act), the Pfandbriefgesetz (the Mortgage Bond Act), the Postsparkassengesetz (Postal Savings Bank Act), the Nationalbankgesetz 1984 (Central Bank Act), the Gewerbeordnung 1994 (Industrial Code) (Bankenaufsichtsbehördengesetz - BABG (Banking Supervisory Authority Act)) (hereinafter referred to as the "Draft Law") (CON/99/05)

Opinion of the European Central Bank at the request of the Austrian Federal Ministry of Finance under Article 105 (4), second indent, of the Treaty establishing the European Community and Article 4 (a) of the Statute of the European System of Central Banks and of the European Central Bank on a draft Federal Act amending the Bankwesengesetz (Banking Act), the Wertpapieraufsichtsgesetz (Securities Supervision Act), the Investmentfondgesetz (Investment Fund Act), the Beteiligungsgesetz (Equity Fund Act), the Sparkassengesetz (Savings Bank Act), the Bausparkassengesetz (Building Society Act), the Hypothekenbankengesetz (Mortgage Bank Act), the Pfandbriefgesetz (the Mortgage Bond Act), the Postsparkassengesetz (Postal Savings Bank Act), the Nationalbankgesetz 1984 (Central Bank Act), the Gewerbeordnung 1994 (Industrial Code) (Bankenaufsichtsbehördengesetz - BABG (Banking Supervisory Authority Act)) (hereinafter referred to as the "Draft Law") (CON/99/05)