Appointment of the auctioneer
Article 22
1. Each Member State shall appoint an auctioneer. No Member State shall auction allowances without appointing an auctioneer. The same auctioneer may be appointed by more than one Member State. 2. In good time prior to the start of the auctions, the auctioneer shall be appointed and it shall conclude and implement the necessary arrangements with the auction platform appointed or to be appointed, including any clearing system and settlement system connected to it, upon mutually agreed terms and conditions. 3. A person working or acting for the Member State shall refrain from disclosing inside information to persons working for the auctioneer, unless the person working or acting for the Member State makes such disclosure on a need-to-know basis in the normal course of the exercise of their employment, profession or duties and the Member State concerned is satisfied that the auctioneer has in place appropriate measures to prevent insider dealing or the unlawful disclosure of inside information by any person working for the auctioneer, in addition to the measures provided for in Article 18(8) and Article 19(10) of Regulation (EU) No 596/2014. 4. The allowances to be auctioned on behalf of a Member State shall be withheld from the auctions where that Member State has not appointed an auctioneer or where the arrangements referred to in paragraph 2 have not been concluded or have not entered in force. 5. In a timely manner after the appointment of its auctioneer, Member States shall notify the identity of its auctioneer and its contact details to the Commission which shall publish them on its website.