Common use of TEC Clause in Contracts

TEC. 1 Within the framework of the provisions set out in this Chapter, all restrictions on the movement of capital between Member States and between Member States and third countries shall be prohibited. 2 Within the framework of the provisions set out in this Chapter, all restrictions on payments between Member States and between Member States and third countries shall be prohibited.

Appears in 3 contracts

Sources: Treaty on the Functioning of the European Union, Treaty on the Functioning of the European Union, Treaty on the Functioning of the European Union