Commission Delegated Regulation (EU) No 523/2014 Article 1
Commission Delegated Regulation (EU) No 523/2014 Article 1
Definitions
Article 1
The following definitions shall apply:
(1)
‘covered bond’ means a bond as referred to in Article 52(4) of Directive 2009/65/EC;
(2)
‘delivery option’ means the possibility to redeem the mortgage loan by buying back the covered bond at market or at nominal value in accordance with Article 33(3)(d) of Regulation (EU) No 575/2013.
Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04
CitationArticle 1 of Commission Delegated Regulation (EU) No 523/2014 (LawPlayer, data as of 2026-07-04)