
Article 1 
Article 12a of Regulation (EEC, Euratom, ECSC) No 260/68 shall be repealed with effect from the day after the date on which the liquidation of the European Monetary Institute is completed.
Article 2 
The following shall be inserted in Regulation (EEC, Euratom, ECSC) No 260/68:
'
Article 12c 
This Regulation shall apply to the members of the Governing Council and of the General Council of the European Central Bank, to members of its staff and to recipients of the pensions paid by the Bank who are included in the categories determined by the Council pursuant to the first subparagraph of Article 16 of the Protocol on the privileges and immunities of the European Communities, with regard to salaries, wages and emoluments and to disability, retirement and survivors' pensions paid by the Bank.'
Article 3 
This Regulation shall be applicable as from 1 June 1998.
Article 4 
This Regulation shall enter into force on the day following its publication in the Official Journal of the European Communities.
This Regulation shall be binding in its entirety and directly applicable in all Member States.Done at Luxembourg, 5 June 1998.
For the Council
The President
G. BROWN