****

( 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 72 , 23 . 3 . 1979 , P . 31 .

COUNCIL DECISION

OF 5 FEBRUARY 1980

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

( 80/160/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 ' , AS AMENDED BY THE AGREEMENT OF 28 MARCH 1977 ( 2 ), AND IN PARTICULAR ARTICLE 1 ( 4 ) THEREOF ,

HAVING REGARD TO THE PROPOSAL FROM THE COMMISSION ,

WHEREAS SAINT LUCIA AND THE REPUBLIC OF KIRIBATI , FORMER OVERSEAS COUNTRIES AND TERRITORIES ASSOCIATED WITH THE COMMUNITY UNDER DECISION 76/568/EEC ( 3 ), HAVE BECOME INDEPENDENT AND HAVE APPLIED TO ACCEDE TO THE ACP-EEC CONVENTION OF LOME 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 OF THE EUROPEAN COMMUNITIES ON 28 JUNE AND 30 OCTOBER 1979 RESPECTIVELY , THEREBY ACCEDING TO THE CONVENTION ON THOSE DATES ;

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

WHEREAS THIS ADJUSTMENT MUST ALSO BE MADE ON THE BASIS OF THE AMOUNTS MADE AVAILABLE TO THE EUROPEAN DEVELOPMENT FUND FOLLOWING THE ACCESSION OF FORMER ASSOCIATED OVERSEAS COUNTRIES AND TERRITORIES ( 4 ) TO THE ACP-EEC CONVENTION OF LOME ,

HAS DECIDED AS FOLLOWS :

ARTICLE 1

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

' 3A . FROM 30 OCTOBER 1979 , THE AMOUNT OF 3 159.50 MILLION EUA REFERRED TO IN PARAGRAPH 2A , SHALL BE ALLOCATED AS FOLLOWS :

( A ) 3 074.4355 MILLION EUA FOR THE ACP STATES , CONSISTING OF :

- 3 000 MILLION EUA FROM THE AMOUNT INITIALLY PROVIDED FOR IN PARAGRAPH 3 ( A ) FOR THE ORIGINAL ACP STATES ,

- 9.50 MILLION EUA FROM THE AMOUNT PROVIDED FOR IN PARAGRAPH 2A ,

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

- 51.9355 MILLION EUA FROM THE AMOUNT TRANSFERRED FROM THE APPROPRIATION FOR THE OCT TO THAT FOR THE ACP UNDER DECISIONS 77/156/EEC ( 2 ), 78/464/EEC ( 3 ) AND 79/309/EEC ( 4 ), 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 , DOMINICA , SAINT LUCIA AND THE REPUBLIC OF KIRIBATI TO THE CONVENTION ;

( B ) 85.0645 MILLION EUA 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 DECISIONS 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 :

- 2 149.8505 MILLION EUA IN THE FORM OF GRANTS ,

- 445.585 MILLION EUA IN THE FORM OF SPECIAL LOANS ,

- 99.000 MILLION EUA IN THE FORM OF RISK CAPITAL ,

- 380.000 MILLION EUA IN THE FORM OF TRANSFERS PURSUANT TO TITLE II OF THE CONVENTION .

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

- 28.1375 MILLION EUA IN THE FORM OF GRANTS ,

- 23.915 MILLION EUA IN THE FORM OF SPECIAL LOANS ,

- 2.000 MILLION EUA IN THE FORM OF RISK CAPITAL ,

- 11.0120 MILLION EUA IN THE FORM OF A RESERVE ,

- 20.000 MILLION EUA IN THE FORM OF TRANSFERS FOR THE COUNTRIES AND TERRITORIES , PURSUANT TO THOSE PROVISIONS CONCERNING 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 .

( 4 ) OJ NO L 72 , 23 . 3 . 1979 , P . 31 . '

ARTICLE 2

THIS DECISION SHALL APPLY FROM 1 NOVEMBER 1979 .

DONE AT BRUSSELS , 5 FEBRUARY 1980 .

FOR THE COUNCIL

THE PRESIDENT

G . ZAMBERLETTI