> For the complete documentation index, see [llms.txt](https://www.headlesslaw.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://www.headlesslaw.com/mica/articles/55.md).

# Article 55 — Recovery and redemption plans

*In force · Consolidated version of 9 January 2024 · Checked against EUR-Lex on 2 Oct 2026 ·* [*Official source*](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02023R1114-20240109)

[Title III](/mica/titles/iii.md), [Chapter 6](/mica/titles/iii.md) shall apply mutatis mutandis to [issuers](https://www.headlesslaw.com/definitions/mica/issuer) of [e-money tokens](https://www.headlesslaw.com/definitions/mica/electronic-money-token).

By way of derogation from Article [46](/mica/articles/46.md)(2), the date by which the recovery plan is to be notified to the [competent authority](https://www.headlesslaw.com/definitions/mica/competent-authority) shall, in respect of [issuers](https://www.headlesslaw.com/definitions/mica/issuer) of [e-money tokens](https://www.headlesslaw.com/definitions/mica/electronic-money-token), be within six months of the date of the [offer to the public](https://www.headlesslaw.com/definitions/mica/offer-to-the-public) or admission to trading.

By way of derogation from Article [47](/mica/articles/47.md)(3), the date by which the redemption plan is to be notified to the [competent authority](https://www.headlesslaw.com/definitions/mica/competent-authority) shall, in respect of issuers of e-money tokens, be within six months of the date of the [offer to the public](https://www.headlesslaw.com/definitions/mica/offer-to-the-public) or admission to trading.

***

**Level 2 instruments**

* [EBA/GL/2024/16 — ART Supervisory Reporting](/mica/level-3/guidelines/guidelines-on-reporting-templates-supervisory-duties.md) — Guidelines
* [MiCAR vs CRD: recovery plan info](/mica/level-3/q-and-a/eba/eba-qa-7067-micar-vs-crd-recovery-plan-info.md) — Q\&A (withdrawn)

#### Related

* [competent authority](https://www.headlesslaw.com/definitions/mica/competent-authority) — definition used in this article
* [offer to the public](https://www.headlesslaw.com/definitions/mica/offer-to-the-public) — definition used in this article
* [electronic money](https://www.headlesslaw.com/definitions/emd2/electronic-money) — definition used in this article
* [electronic money](https://www.headlesslaw.com/definitions/mica/electronic-money) — definition used in this article
* [issuer](https://www.headlesslaw.com/definitions/mica/issuer) — definition used in this article

***

[Title IV — E-money tokens](/mica/titles/iv.md) › Chapter 1 — Requirements to be fulfilled by all issuers of e-money tokens · [← Article 54](/mica/articles/54.md) · [Article 56 →](/mica/articles/56.md)


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