Euro: protection against counterfeiting for countries that have adopted or not adopted the euro
PURPOSE: to protect the euro against counterfeiting to those Member States which have not adopted the euro as their single currency.
CONTENT: in adopting Regulation (EC) No 1338/2001 (refer to the other legislative act in this procedure file), the Council provided a certain number of provisions to protect the euro from counterfeiting for those Member States which have adopted the euro as their single currency.
However, it is important that the euro should enjoy the same level of protection in those Member States which have not adopted it and the necessary provisions should be taken to that end.
This is the aim of this legislative act. The application of Articles 1 to 11 of Regulation (EC) No 1338/2001 shall be extended to those Member States which have not adopted the euro as their single currency.
ENTRY INTO FORCE: 4 July 2001.
APPLICABLE: it shall apply from 1 January 2002. However, it shall apply from 4 July 2001 to notes and coins which have not yet been issued but which it is intended to issue.