****

( 1 ) OJ NO L 25 , 30 . 1 . 1976 , P . 168 .

( 2 ) OJ NO L 287 , 13 . 10 . 1978 , P . 22 .

( 3 ) OJ NO L 176 , 1 . 7 . 1976 , P . 8 .

( 4 ) OJ NO L 147 , 3 . 6 . 1978 , P . 39 .

COUNCIL DECISION

OF 19 MARCH 1979

ADJUSTING THE AMOUNTS MADE AVAILABLE TO THE EUROPEAN DEVELOPMENT FUND ( 1975 ) FOR THE ACP STATES AND FOR THE OVERSEAS COUNTRIES AND TERRITORIES AND THE FRENCH OVERSEAS DEPARTMENTS

( 79/309/EEC )

THE COUNCIL OF THE EUROPEAN

COMMUNITIES ,

HAVING REGARD TO THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY ,

HAVING REGARD TO THE INTERNAL AGREEMENT ON THE FINANCING AND ADMINISTRATION OF COMMUNITY AID ( 1 ), SIGNED AT BRUSSELS ON 11 JULY 1975 , HEREINAFTER REFERRED TO AS THE ' INTERNAL AGREEMENT ' , AND IN PARTICULAR ARTICLE 1 ( 4 ) THEREOF , AMENDED BY THE AGREEMENT OF 28 MARCH 1977 ( 2 ),

HAVING REGARD TO THE PROPOSAL FROM THE COMMISSION ,

WHEREAS THE SOLOMON ISLANDS , TUVALU AND DOMINICA , FORMER OVERSEAS COUNTRIES AND TERRITORIES ASSOCIATED WITH THE COMMUNITY UNDER DECISION 76/568/EEC ( 3 ), HAVE BECOME INDEPENDENT AND HAVE REQUESTED TO ACCEDE TO THE ACP-EEC CONVENTION OF LOME , HEREINAFTER REFERRED TO AS THE ' CONVENTION ' , PURSUANT TO ARTICLE 89 THEREOF ; WHEREAS THE ACP-EEC COUNCIL OF MINISTERS HAS APPROVED THESE REQUESTS ; WHEREAS THESE STATES DEPOSITED THEIR INSTRUMENTS OF ACCESSION WITH THE GENERAL SECRETARIAT OF THE COUNCIL ON 27 SEPTEMBER 1978 , 17 JANUARY 1979 AND 26 FEBRUARY 1979 RESPECTIVELY , AND THUS ACCEDED TO THE CONVENTION ON THESE DATES ;

WHEREAS , THEREFORE , IN ACCORDANCE WITH ARTICLE 1 ( 4 ) OF THE INTERNAL AGREEMENT , THE AMOUNTS PROVIDED FOR THE OVERSEAS COUNTRIES AND TERRITORIES AND THE FRENCH OVERSEAS DEPARTMENTS IN ARTICLE 1 ( 3A ) ( B ) OF THE SAID INTERNAL AGREEMENT SHOULD BE REDUCED AND THOSE PROVIDED FOR THE ACP STATES IN ( A ) OF THAT PARAGRAPH CORRESPONDINGLY INCREASED ;

WHEREAS THIS ADJUSTMENT MUST BE MADE ON THE BASIS OF THE AMOUNTS SPECIFIED IN DECISION 78/465/EEC ( 4 ) WHICH LAST ADJUSTED THE AMOUNTS MADE AVAILABLE TO THE EUROPEAN DEVELOPMENT FUND FOLLOWING THE ACCESSION OF FORMER ASSOCIATED OVERSEAS COUNTRIES AND TERRITORIES TO THE COMMISSION ,

HAS DECIDED AS FOLLOWS :

ARTICLE 1

ARTICLE 1 ( 3A ) AND ( 3B ) OF THE INTERNAL AGREEMENT SHALL BE REPLACED BY THE FOLLOWING :

' 3A . FROM 26 FEBRUARY 1979 THE AMOUNT OF 3 159.50 MILLION EUROPEAN UNITS OF ACCOUNT REFERRED TO IN PARAGRAPH 2A SHALL BE ALLOCATED AS FOLLOWS :

( A ) 3 067.767 MILLION EUROPEAN UNITS OF ACCOUNT FOR THE ACP STATES , CONSISTING OF :

- 3 000 MILLION EUROPEAN UNITS OF ACCOUNT FROM THE APPROPRIATION INITIALLY PROVIDED FOR IN PARAGRAPH 3 ( A ) FOR THE ORIGINAL ACP STATES ,

- 9.50 MILLION EUROPEAN UNITS OF ACCOUNT FROM THE AMOUNT PROVIDED FOR IN PARAGRAPH 2A ,

- 13 MILLION EUROPEAN UNITS OF ACCOUNT FROM THE AMOUNT APPEARING IN ARTICLE 30 ( 4 ) ( A ), FIRST INDENT , AS INTRODUCED BY THE COUNCIL DECISION 77/155/EEC OF 14 FEBRUARY 1977 ADJUSTING DECISION 76/568/EEC ON THE ASSOCIATION OF THE OVERSEAS COUNTRIES AND TERRITORIES WITH THE EUROPEAN ECONOMIC COMMUNITY ( 1 ),

- 45.267 MILLION EUROPEAN UNITS OF ACCOUNT FROM THE AMOUNT TRANSFERRED FROM THE APPROPRIATION FOR THE OCT TO THAT FOR THE ACP UNDER DECISIONS 77/156/EEC ( 2 ) AND 78/464/EEC ( 3 ), ADJUSTING THE AMOUNTS MADE AVAILABLE TO THE EUROPEAN DEVELOPMENT FUND ( 1975 ) FOR THE ACP STATES ON THE ONE HAND AND FOR THE OVERSEAS COUNTRIES AND TERRITORIES AND THE FRENCH OVERSEAS DEPARTMENTS ON THE OTHER , FOLLOWING THE ACCESSION OF THE REPUBLIC OF SURINAM , THE REPUBLIC OF SEYCHELLES , THE COMORO STATE , THE REPUBLIC OF JIBUTI , THE SOLOMON ISLANDS , TUVALU AND DOMINICA TO THE CONVENTION ;

( B ) 91.733 MILLION EUROPEAN UNITS OF ACCOUNT FOR THE OVERSEAS COUNTRIES AND TERRITORIES AND THE FRENCH OVERSEAS DEPARTMENTS FROM THE AMOUNTS ORIGINALLY LAID DOWN IN PARAGRAPH 3 ( B ) AND ( C ), TAKING INTO ACCOUNT THE REDUCTION MADE UNDER THE DECISION REFERRED TO IN THE FOURTH INDENT OF ( A ).

3B . ( A ) THE AMOUNT STATED IN PARAGRAPH 3A ( A ) FOR THE ACP STATES SHALL BE ALLOCATED AS FOLLOWS :

2 145.182 MILLION EUROPEAN UNITS OF ACCOUNT IN THE FORM OF GRANTS ,

445.585 MILLION EUROPEAN UNITS OF ACCOUNT IN THE FORM OF SPECIAL LOANS ,

97.00 MILLION EUROPEAN UNITS OF ACCOUNT IN THE FORM OF RISK CAPITAL ,

380.00 MILLION EUROPEAN UNITS OF ACCOUNT IN THE FORM OF TRANSFERS PURSUANT TO TITLE II OF THE CONVENTION .

( B ) THE AMOUNT STATED IN PARAGRAPH 3A ( B ) FOR THE OVERSEAS COUNTRIES , TERRITORIES AND DEPARTMENTS SHALL BE ALLOCATED AS FOLLOWS :

31.692 MILLION EUROPEAN UNITS OF ACCOUNT IN THE FORM OF GRANTS ,

23.915 MILLION EUROPEAN UNITS OF ACCOUNT IN THE FORM OF SPECIAL LOANS ,

4.00 MILLION EUROPEAN UNITS OF ACCOUNT IN THE FORM OF RISK CAPITAL ,

12.126 MILLION EUROPEAN UNITS OF ACCOUNT IN THE FORM OF A RESERVE ,

20.00 MILLION EUROPEAN UNITS OF ACCOUNT IN THE FORM OF TRANSFERS FOR THE COUNTRIES AND TERRITORIES , PURSUANT TO THOSE PROVISIONS OF THE DECISION WHICH CONCERN THE SYSTEM FOR STABILIZING EXPORT EARNINGS .

( 1 ) OJ NO L 46 , 18 . 2 . 1977 , P . 15 .

( 2 ) OJ NO L 46 , 18 . 2 . 1977 , P . 17 .

( 3 ) OJ NO L 147 , 3 . 6 . 1978 , P . 37 . '

ARTICLE 2

THIS DECISION SHALL BE PUBLISHED IN THE OFFICIAL JOURNAL OF THE EUROPEAN COMMUNITIES .

DONE AT BRUSSELS , 19 MARCH 1979 .

FOR THE COUNCIL

THE PRESIDENT

R . MONORY