(1)

Decision ECB/2008/23 of 12 December 2008 on the national central banks’ percentage shares in the key for subscription to the European Central Bank’s capital (1) provides for the adjustment of the key for subscription to the European Central Bank’s (ECB’s) capital (hereinafter the ‘capital key’) in accordance with Article 29.3 of the ESCB Statute and establishes with effect from 1 January 2009 the new weightings assigned to each national central bank (NCB) in the adjusted capital key (hereinafter the ‘capital key weightings’).

(2)

Pursuant to Article 1 of Council Decision 2008/608/EC of 8 July 2008 in accordance with Article 122(2) of the Treaty on the adoption by Slovakia of the single currency on 1 January 2009 (2) Slovakia fulfils the necessary conditions for adoption of the euro and the derogations granted to it under Article 4 of the 2003 Act of Accession (3) will be abrogated with effect from 1 January 2009.

(3)

Article 1(d) of Decision ECB/2001/15 of 6 December 2001 on the issue of euro banknotes (4) defines the ‘banknote allocation key’ and refers to the Annex to that Decision, which specifies the banknote allocation key applying since 1 January 2008. Given that new capital key weightings will apply from 1 January 2009 and that Slovakia will adopt the euro on 1 January 2009, Decision ECB/2001/15 needs to be amended in order to determine the banknote allocation key applying from 1 January 2009,

1.

The final sentence of Article 1(d) is replaced by the following:

‘The Annex to this Decision specifies the banknote allocation key applying from 1 January 2009.’

2.

The Annex to Decision ECB/2001/15 is replaced by the text set out in the Annex to this Decision.