The Director of the Institute shall be in his capacity a member of the Board of Auditors, five members shall hold the licence of a certified auditor, while the remaining three members - representatives of the interested public shall have appropriate professional knowledge and experience from the field of accountancy and finance.

Ernst & Young (Hellas) Certified Auditors SA and Mr Charalambos Stathakis, a registered certified public accountant.

Leopold Wundsam, all of whom are registered certified public accountants, are hereby approved as the external auditors of the Osterreichische Nationalbank.

Ernst & Young (Hellas) Certified Auditors SA and Mr Charalambos Stathakis, a registered certified public accountant, are hereby approved as the external auditors of the Bank of Greece for the annual accounts starting from the financial year 2001. '

Leopold Wundsam, all of whom are registered certified public accountants, are hereby approved as the external auditors of the Österreichische Nationalbank.

all cost and revenue data shall be determined in accordance with generally accepted accounting practices and shall be certified by a registered accountant in the Community;

Ernst & Young (Hellas) Certified Auditors SA and Mr Charalambos Stathakis, a registered certified public accountant, are hereby approved as the external auditors of the Bank of Greece for the annual accounts starting from the financial year 2001."

Following the abrogation of the derogation of Greece, the Governing Council of the ECB recommended that the Council approve as external auditors for the Bank of Greece for the annual accounts starting from the financial year 2001: Ernst & Young (Hellas) Certified Auditors SA and Mr Charalambos Stathakis, a registered certified public accountant.

In order to ensure compliance with and enforcement of the provisions of this paragraph, the Authority shall be guided by the principles adopted for, and the interpretation given to, arm's length transactions by the Commission on Transnational Corporations of the United Nations, the Group of Experts on Tax Treaties between Developing and Developed Countries and other international organisations, and shall, in its rules, regulations and procedures, specify uniform and internationally acceptable accounting rules and procedures, and the means of selection by the contractor of certified independent accountants acceptable to the Authority for the purpose of carrying out auditing in compliance with those rules, regulations and procedures.