By-laws of the Deposit Protection Fund

of the competence of the support management of the Deposit Protection
Fund determined by the Board of Directors,
(b) the establishment of guidelines regarding the investment of the assets of
the Fund,
(c) submission of the annual accounts detailing the assets of the Fund,
(d) the execution of all duties assigned to the Committee by the Board of
Directors of the Banking Association; the taking of deci sions pursuant to
Section 4 (5) may not be as signed,
(e) fines imposed pursuant to Section 12 (7) and
(f) in addition to the functions set out in subclauses (a) – (e), the other duties
assigned to it by the present By-laws.
The Board of Directors of the Banking Association may at any time take over the
functions of the Committee. The Board of Directors of the Banking Association
may issue rules of procedure for the Committee setting out, in particular, the
functions of the Committee in more detail.
Section 7a – Deposit Protection Risk Committee
and Task Force
1. A Deposit Protection Risk Committee shall be formed within the Banking
Association. It shall comprise the
(a) President of the Banking Association,
(b) Chair of the Deposit Protection Committee,
(c) Deputy Chair of the Deposit Protection Committee.
In addition, the Chair of the Advisory Board of EIS Einlagensicherungsbank GmbH
shall be an advisory member of the Risk Committee by virtue of their office. The
President of the Banking Association may appoint an elected member of the
Board of Directors or an elected member of the Deposit Protection Committee
38 By-laws Section 7a