NoL105.48 OfficialJournaloftheEuropeanCommunities28.4.77
COUNCILDECISION
of5April1977
givingadischargetotheCommissioninrespectoftheimplementation oftheoperationsofthe
EuropeanDevelopmentFund(1963)(2ndEDF)forthe1974financialyear
(77/321/EEC)
nexedtheCommission'srepliestothecommentsmadeby
theAuditBoard,
HavingregardtotheopinionoftheEuropeanParliament
of14December1976,
Recallingthat,inaccordancewiththeprovisionsapplica­
bletotheimplementation oftheEuropeanDevelopment
Fund(1963)(2ndEDF),onlytheCouncil,actingbya
qualifiedmajority,shallgiveadischargetotheCommis­
sioninrespectofthefinancialadministration oftheFund;
Whereasrevenueforthe1974financialyearconsisted
mainlyofthecontributions oftheMemberStates,
amountingto724534024-54unitsofaccount,andof
miscellaneous revenueoftheFund;whereas,moreover,
anadvanceof1954303839unitsofaccountwas
grantedfromtheresourcesoftheDevelopmentFundfor
theoverseascountriesandterritories(1stFund);
Whereaspursuanttotheabovementioned CouncilDeci­
sionof30May1972anamountof9963387-32unitsof
accountwastransferredastheunexpendedbalancefrom
thefirstFundtothesecondEuropeanDevelopmentFund;
Whereastheoverallimplementation bytheCommission
oftheoperationsoftheEuropeanDevelopmentFund
(1963)(2ndEDF)duringthe1974financialyearwassuch
astowarrantitsbeinggivenadischargeinrespectofthe
implementation oftheseoperations,THECOUNCILOFTHEEUROPEANCOMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtotheConventionofAssociationbetween
theEuropeanEconomicCommunityandtheAfrican
StatesandMadagascarassociatedwiththeCommunity^),
signedatYaoundeon20July1963,
HavingregardtoCouncilDecision64/349/EECof25
February1964relatingtotheassociationoftheoverseas
countriesandterritorieswiththeEuropeanEconomic
Community (2),
HavingregardtotheInternalAgreementonthefinancing
andadministration ofCommunityaid(3),signedatYa­
oundeon20July1963,andinparticularArticle17there­
of,
HavingregardtoFinancialRegulation64/356/E£Cof
theEuropeanDevelopmentFundsetupundertheInternal
Agreementonthefinancingandadministration ofCom­
munityaid(4),andinparticularArticles7and8thereof,
HavingregardtotheCouncilDecisionof30May1972on
thetransferandutilizationoftheunexpendedbalancesof
theDevelopmentFundfortheoverseascountriesandter­
ritoriessetupbytheImplementingConventionannexed
totheTreatyestablishingtheEuropeanEconomicCom­
munity,
Havingregardtotherevenueandexpenditureaccounts,
thestatementandthesummaryofoperationsoftheEuro­
peanDevelopmentFund(1963)(2ndEDF)asat31De­
cember1974(5),
HavingregardtothereportoftheAuditBoardontheac­
countsforthefinancialyear1974,towhichreportarean­HASDECIDEDASFOLLOWS :
ArticleI
TheCouncilclosestherevenueandexpenditureaccounts
oftheEuropeanDevelopmentFund(1963)(2ndEDF)as
at31December1974asfollows:
Revenue
atthesumof726275610-23unitsofaccount; (1)0|No93,11.6.1964,p.1431/64.
(2)(>jNo93,11.6.1964,p.1472/64.
(•).OJNo93,11.6.1964,p.1493/64.
(*)OJNo93,11.6.1964,p.1498/64.Expenditure (payments)
(8)OJNoC73,29.3.1976,p.36. atthesumof657536594-00unitsofaccount.

28.4.77 OfficialJournaloftheEuropeanCommunities NoL105/49
Article2 DoneatLuxembourg ,5April1977.
FortheCouncil
ThePresident
D.OWENTheCouncilherebygivesadischargetotheCommission
inrespectoftheimplementation oftheoperationsofthe
EuropeanDevelopmentFund(1963)(2ndEDF)forthe
1974financialyear.