Article 4Note: This article is based on the final draft from the ESAs and is not yet adopted. Renewal of the membership in the joint examination team

Periodically, or in cases where the appointed Lead Overseermeans the European Supervisory Authority appointed in accordance with Article 31(1), point (b) of this Regulation; changes, or in cases where material changes as defined in Article 2(2) occur, the Lead Overseermeans the European Supervisory Authority appointed in accordance with Article 31(1), point (b) of this Regulation;, after consulting the members of the joint examination team, shall assess the achievements of the joint examination team. The results of this assessment shall be used by both the nominating authorities and Lead Overseermeans the European Supervisory Authority appointed in accordance with Article 31(1), point (b) of this Regulation; to decide whether it is appropriate to renew the membership of the joint examination team.