Commission Decision No 2651/79/ECSC of 29 November 1979 establishing the final closure of the winding-up of the imported ferrous scrap equalization scheme



Official Journal L 304 , 30/11/1979 P. 0013 - 0016



**** ( 1 ) OJ NO 4 , 30 . 3 . 1954 , P . 286 . ( 2 ) OJ NO 8 , 30 . 3 . 1955 , P . 685 . ( 3 ) OJ NO 4 , 28 . 1 . 1957 , P . 61/57 . ( 4 ) OJ NO 10 , 30 . 7 . 1958 , P . 275/58 . ( 5 ) OJ NO 224 , 30 . 12 . 1965 , P . 3290/65 . COMMISSION DECISION NO 2651/79/ECSC OF 29 NOVEMBER 1979 ESTABLISHING THE FINAL CLOSURE OF THE WINDING-UP OF THE IMPORTED FERROUS SCRAP EQUALIZATION SCHEME THE COMMISSION OF THE EUROPEAN COMMUNITIES , HAVING REGARD TO THE TREATY ESTABLISHING THE EUROPEAN COAL AND STEEL COMMUNITY , AND IN PARTICULAR ARTICLE 53 ( 1 ) ( B ) THEREOF , WHEREAS DECISIONS 22-54 OF 26 MARCH 1954 ( 1 ), 14-55 OF 26 MARCH 1955 ( 2 ), 2-57 OF 26 JANUARY 1957 ( 3 ) AND 16-58 OF 24 JULY 1958 ( 4 ) OF THE HIGH AUTHORITY , AS LAST AMENDED AND SUPPLEMENTED BY DECISION 19-65 OF 15 DECEMBER 1965 ( 5 ), INSTITUTED FINANCIAL ARRANGEMENTS DESIGNED TO ENSURE REGULAR SUPPLIES OF FERROUS SCRAP TO THE COMMON MARKET ; WHEREAS IN 1966 THE FUNDS AVAILABLE ENABLED THOSE UNDERTAKINGS WHOSE BALANCE AS DETERMINED BY THE FINAL ACCOUNTS ADOPTED ON 31 DECEMBER 1965 WAS IN CREDIT TO BE PAID IN FULL ; WHEREAS THE INCOME ACCRUING AS EACH OF THE CONTESTED ACTIONS AND THE VARIOUS PROCEEDINGS FOR THE RECOVERY OF EQUALIZATION AMOUNTS WRONGLY PAID AND OF BAD DEBTS WERE CONCLUDED HAS ENABLED THE COMMISSION TO MAKE NINE DISTRIBUTIONS OF REFUNDS SINCE 1 JANUARY 1967 ; WHEREAS ALL THE CONTESTED ACTIONS AND PROCEEDINGS FOR THE RECOVERY OF OUTSTANDING DEBTS HAVE BEEN CONCLUDED ; WHEREAS THE LAST DISTRIBUTION OF REFUNDS WAS MADE IN JUNE 1979 ; WHEREAS BY 30 JUNE 1979 ALL THE REFUNDS AVAILABLE LESS ADMINISTRATIVE EXPENSES HAD BEEN REFUNDED IN FULL TO THE UNDERTAKINGS COVERED BY THE EQUALIZATION SCHEME ; WHEREAS THE CLOSURE OF THE WINDING-UP OF THE SCHEME WAS DECIDED UPON ON THAT DATE , HAS ADOPTED THIS DECISION : ARTICLE 1 THE WINDING-UP OF THE IMPORTED FERROUS SCRAP EQUALIZATION SCHEME IS HEREBY CLOSED AS AT 30 JUNE 1979 . THE BALANCE SHEET IN RESPECT OF THE WINDING-UP OPERATIONS CARRIED OUT BETWEEN 1 JANUARY 1966 AND 30 JUNE 1979 IS SET OUT IN THE TABLES ANNEXED HERETO . ARTICLE 2 THIS DECISION SHALL ENTER INTO FORCE ON THE DAY OF ITS PUBLICATION IN THE OFFICIAL JOURNAL OF THE EUROPEAN COMMUNITIES . THIS DECISION SHALL BE BINDING IN ITS ENTIRETY AND DIRECTLY APPLICABLE IN ALL MEMBER STATES . DONE AT BRUSSELS , 29 NOVEMBER 1979 . FOR THE COMMISSION ETIENNE DAVIGNON MEMBER OF THE COMMISSION **** ANNEX I BALANCE SHEET IN RESPECT OF OPERATIONS RELATING TO THE WINDING-UP OF THE IMPORTED FERROUS SCRAP EQUALIZATION SCHEME CARRIED OUT BETWEEN 1 JANUARY 1966 AND 30 JUNE 1979 INCOME // // U.A . // BANK ASSETS AT 1 JANUARY 1966 // 3 654 425.06 // CONTRIBUTIONS AGAINST ACCOUNT BALANCES AT 31 DECEMBER 1965 // 8 298 888.63 // BANK INTEREST // 655 550.25 // REGIONAL OFFICES // 54 457.62 // RECOVERY OF EQUALIZATION AMOUNTS WRONGLY PAID ( 1 ) // 2 227 205.91 // // MISCELLANEOUS // // 387 113.72 // // U.A . // ( A ) CONTRIBUTIONS WRONGLY PAID // 7 466.24 // ( B ) REFUNDS RETURNED // 1 507.45 // ( C ) FINES AND PENALTY PAYMENTS // 40 165.43 // ( D ) LEGAL EXPENSES // 1 133.68 // ( E ) PAYMENTS MADE IN ERROR ( LEVIES , ETC .) // 336 840.92 // // // // // // // TRANSFERS FROM OTHER BANKS // 16 502 277.36 // DIFFERENCES RESULTING FROM EXCHANGE RATES IN FF // 71 052.33 // // // 31 850 970.88 // ( 1 ) SEE ANALYTICAL TABLE - ANNEX II . ( 2 ) SEE ANALYTICAL TABLE - ANNEX III . EXPENDITURE // // // U.A . // EQUALIZATION PAYMENTS AGAINST ACCOUNT BALANCES AT 31 DECEMBER 1965 // 4 516 153.75 // WINDING-UP REFUNDS ( 2 ) // 9 385 139.65 // ADMINISTRATIVE EXPENSES // 359 897.15 // // MISCELLANEOUS // // 387 113.72 // // U.A . // ( A ) REIMBURSEMENT OF CONTRIBUTIONS UNDULY PAID // 7 466.24 // ( B ) TRANSFERS OF REFUNDS // 1 507.45 // ( C ) TRANSFER OF FINES AND PENALTY PAYMENTS TO THE ECSC BUDGET // 40 165.43 // ( D ) TRANSFER OF LEGAL EXPENSES TO THE GENERAL BUDGET OF THE COMMUNITIES // 1 133.68 // ( E ) TRANSFERS OF PAYMENTS MADE IN ERROR ( LEVIES , ETC .) // 336 840.92 // // TRANSFERS TO OTHER BANKS // // 17 202 666.61 // // // // // 31 850 970.88 // **** ( 1 ) AMOUNT CORRESPONDING TO 263 697.915 TONNES OF SCRAP . ANNEX II EQUALIZATION AMOUNTS WRONGLY PAID WHICH HAVE BEEN RECOVERED // // 1 . AMOUNTS DEDUCTED FROM THE COSTS AND AMOUNTS DISTRIBUTED IN THE FORM OF REFUNDS // ( FIGURES PUBLISHED IN THE OFFICIAL JOURNAL ) // U.A . // U.A . // - PROVIDED FOR IN DECISION 7-63 // 100 000.00 // - PROVIDED FOR IN DECISION 19-65 // 2 904 478.00 // 3 004 478.00 // // - 1ST DISTRIBUTION OF REFUNDS : MARCH 1967 // 250 000.00 // ( RECOVERED SINCE 1 JANUARY 1966 ) // - 2ND DISTRIBUTION OF REFUNDS : MARCH 1968 // 320 000.00 // ( RECOVERED SINCE THE 1ST DISTRIBUTION ) // - 3RD DISTRIBUTION OF REFUNDS : APRIL 1969 // 200 000.00 // ( RECOVERED SINCE THE 2ND DISTRIBUTION ) // - 4TH DISTRIBUTION OF REFUNDS : JUNE 1971 // 8 500.00 // ( RECOVERED SINCE THE 3RD DISTRIBUTION ) // - 5TH DISTRIBUTION OF REFUNDS : JANUARY 1972 // 832 523.00 // ( RECOVERED SINCE THE 4TH DISTRIBUTION ) // - 6TH DISTRIBUTION OF REFUNDS : DECEMBER 1972 // 8 800.00 // ( RECOVERED SINCE THE 5TH DISTRIBUTION ) // - 7TH DISTRIBUTION OF REFUNDS : NOVEMBER 1974 // 19 206.91 // ( RECOVERED SINCE THE 6TH DISTRIBUTION ) // - 8TH DISTRIBUTION OF REFUNDS : SEPTEMBER 1976 // 173 684.00 // ( RECOVERED SINCE THE 7TH DISTRIBUTION ) // - 9TH DISTRIBUTION OF REFUNDS : JUNE 1979 // 414 492.00 // ( RECOVERED SINCE THE 8TH DISTRIBUTION ) // // // 2 227 205.91 // // 2 . AMOUNTS RECOVERED BY WITHDRAWAL OF EQUALIZATION FROM THE ACCOUNTS OF THE UNDERTAKINGS // // 2 301 767.79 // // // TOTAL // 7 533 451.70 ( 1 ) // // // // **** ANNEX III SUMMARY TABLE OF THE NINE DISTRIBUTIONS OF REFUNDS CARRIED OUT BETWEEN 1 JANUARY 1967 AND 30 JUNE 1979 ( U.A .) // // DISTRIBUTION FOR WINDING-UP PERIOD // AMOUNTS ACCORDING TO OVERALL ACCOUNTS // ROUNDING-OFF OF INDIVIDUAL ACCOUNTS ( 10 ) // AMOUNTS ACTUALLY DISTRIBUTED // AMOUNTS CREDITED TO DEBTOR UNDERTAKINGS // AMOUNTS PAID TO OTHER UNDERTAKINGS // // 1ST10 . 3 . 1967 ( 1 ) // 1 550 000.00 // - 8.21 // 1 549 991.79 // 97 118.40 // 1 452 873.39 // 2ND8 . 3 . 1968 ( 2 ) // 1 360 000.00 // - 78.42 // 1 359 921.58 // 50 120.54 // 1 309 801.04 // 3RD26 . 4 . 1969 ( 3 ) // 665 000.00 // - 115.00 // 664 885.00 // 12 555.51 // 652 329.49 // 4TH29 . 6 . 1971 ( 4 ) // 959 000.00 // + 58.65 // 959 058.65 // 14 684.50 // 944 374.15 // 5TH28 . 1 . 1972 ( 5 ) // 1 918 000.00 // - 132.63 // 1 917 867.37 // 27 250.77 // 1 890 616.60 // 6TH31 . 12 . 1972 ( 6 ) // 1 167 300.00 // - 13.16 // 1 167 286.84 // 14 716.01 // 1 152 570.83 // 7TH30 . 11 . 1974 ( 7 ) // 891 400.00 // - 60.71 // 891 339.29 // 8 524.51 // 882 814.78 // 8TH14 . 9 . 1976 ( 8 ) // 566 500.00 // + 7.73 // 566 507.73 // 3 295.59 // 563 212.14 // 9TH16 . 6 . 1979 ( 9 ) // 539 600.00 // + 74.11 // 539 674.11 // 3 126.88 // 536 547.23 // // TOTAL // 9 616 800.00 // - 267.64 // 9 616 532.36 // 231 392.71 // 9 385 139.65 // ( 1 ) OJ NO 43 , 10 . 3 . 1967 . ( 2 ) OJ NO C 17 , 8 . 3 . 1968 . ( 3 ) OJ NO C 53 , 26 . 4 . 1969 . ( 4 ) OJ NO C 65 , 29 . 6 . 1971 . ( 5 ) OJ NO C 7 , 28 . 1 . 1972 . ( 6 ) OJ NO C 141 , 31 . 12 . 1972 . ( 7 ) OJ NO C 151 , 30 . 11 . 1974 . ( 8 ) OJ NO C 215 , 14 . 9 . 1976 . ( 9 ) OJ NO C 151 , 16 . 6 . 1979 . ( 10 ) IN RELATION TO THE OVERALL ACCOUNTS .