n entrusted compensation scheme shall hold and administer these assets separately from its other assets. Section 23 Authority to issue orders (1) The Federal Ministry of Finance is authorised to assign, by way of a statutory order that does not require the approval of the Bundesrat, to a legal person under private law the fu

be consulted before the statutory order is issued. (2) The European Banking Authority shall be notified of the contents of the statutory order. (3) The Federal Ministry of Finance may delegate this authority to BaFin by way of a statutory order. Part 3 Inspection of CRR credit institutions by statutory compensation schemes

cordance with the provisions of the Act on Administrative Enforcement (Verwaltungsvollstreckungsgesetz). Section 33 Authority to issue orders (1) The Federal Ministry of Finance is authorised, by way of a statutory order that does not require the approval of the Bundesrat, to issue more detailed requirements governing 1 th