ARCHIVESHISTORIQUES
DELACOMMISSION
COLLECTION RELIEEDES
DOCUMENTS "COM"
COM(82)434
Vol.1982/0143

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COMMISSION OFTHEEUROPEAN COMMUNITIES
COM(82)434 final
Brussels,12July1982
Proposalfora
COUNCILDECISION
approving amendments totheStatutesofthe
"KernkraftwerkLingenGmbH"JointUndertaking
/C<\(submitted -totheCouncilbytheCommission)
-omjusecréhr!atV; w ■./
C0M(82)434final

Cêtwiv|3>4
Subject:ProposalforaCouncilDecisionapproving amendments to
theStatutesofthe"Kernkraftwerk LingenGmbH"Joint
Undertaking
Explanatory Memorandum
TheCounciloftheEuropeanAtomicEnergyCommunityinitsDecisionof
(1)12December1964established Kernkraftwerk LingenGmbH(KWL)asa
JointUndertaking .InpursuanceofthesecondparagraphofArticle50of
theEuratomTreaty,amendmentstothestatutesofJointUndertakings
cannotenterintoforceuntiltheyhavebeenapprovedbytheCouncil
actinginaccordance withtheprocedurelaiddowninArticle47ofthe
EuratomTreatyonaproposalfromtheCommission .
TheCouncilinitsDecisionsof31December1965^,22December1966^,
27June1967^,20December1968^and25November1969^approved
amendmentstotheStatutesthatsuccessively increasedthecapitalofthe
JointUndertaking fromDM2.240milliontoDM80million.
Duringtheirextraordinary generalmeetingof20October1981,themembers
oftheKWLJointUndertaking decidedtoreducethecompanycapitalfrom
DM80milliontoDM20millionfollowingthedecisiontakenon24August
1981todecommission thecompany's250MWenuclearpowerstation.
Thecompany'soperatingcapacities areinnowayaffectedbythisdecision.
ThereductionintheCapitalconstitutes anadjustment ofthelatterto
thecompany'smorelimitedactivitiesfollowingthedecisiontakenon
24August1981.Therevenueresultingfromthisreductionwillbeusedto
offsetthelossesthathaveaccumulated .
TheCommission considersthatthereductioninthecapitalisinaccordance
withsoundfinancial management oftheJointUndertaking .
(1)0JNo214,24.12.1964
(2)0JNo225,31.12.1965
C3)0JNo240,27.12.1966
(4)0JNo140,4.7.1967
(5>0JNoL308,23.12.1968
6)0JNoL302,2.12.1969

ι
TheCommissionalsoattachesparticularimportancetothedecommissioning
programmeforthispowerstation,sincethisisoneofthefirstcasesin
whichanuclearpowerstationincorporating alightwaterreactorisbeing
takenoutofserviceintheCommunityandbecausetheexperienceacquired
inimplementing thisprogrammewillbebeneficialtothefurther
development ofnuclearenergyintheCommunity.Itshouldalsobe
pointedoutthatinpursuanceofArticle2oftheCouncilDecisionof
12December1964grantingadvantagestothe"Kernkraftwerk LingenGmbH"
JointUndertaking,theCommissionwillstillhaveaccesstoallindustrial,
technicalandeconomicinformationresultingfromtheimplementation of
thisprogramme.
ItthereforeproposesthattheCouncilapprovetheamendmentstothe
IStatutesoftheJointUndertaking .

3
Proposalfora
CouncilDecisionapproving amendments totheStatutes
ofthe"Kernkraftuerk LingenGmbH"JointUndertaking
THECOUNCILOFTHEEUROPEAN COMMUNITIES,
HavingregardtotheTreatyestablishing theEuropeanAtomicEnergy
Community,andinparticularArticles50and47thereof,
HavingregardtotheproposalfromtheCommission,
(1)WhereastheCouncilinitsDecisionof12December1964approvedthe
establishment of"Kernkraftwerk LingenGmbH"asaJointUndertaking
withinthemeaningoftheTreaty;
(2)WhereastheCouncilinitsDecisionsof31December1965,22
December1966^,27June1967^,20December1968^*and25November
1969^*approvedsuccessiveincreasesinthecapitaloftheJointUndertaking
whichraisedthelatterfromDM2.240milliontoDM80million;
WhereasthemembersoftheJointUndertaking decidedon24August1981to
decommission thecompany'snuclearpowerstation;
Whereastheextraordinary generalmeetingofthemembersoftheJoint
Undertaking resolvedon20October1981toreducethecapitalofthe
companyfromDM80milliontoDM20millionandtoamendArticles4,4aand
12oftheStatutesoftheJointUndertaking ;
Whereasthereductioninthecapitalcorresponds tothereductioninthe
activities oftheJointUndertaking asaresultofthedecommissioning of
the250MWenuclearpowerstation;
C1)0JNo214,24.12.1964,p.3642/64
(2)0JNo225,31.12.1965,p.3305/65
C3)0JNo240,27.12.1966,p.4037/66
(4)OJNo140,4.7.1967,p.7
(5)0JNoL308,23.12.1968,p.20
(6)0JNoL302,2.12.1969,p.17

ν
Whereassuchareductionisinaccordancewithsoundfinancialmanagement
oftheJointUndertaking ;
Whereastheexperienceacquiredfromthedecommissioning programmefor
thispowerstationisofparticularvaluetothefurtherdevelopment of
nuclearenergyintheCommunity,sincethisisoneofthefirstnuclear
powerstationscomprising alightwaterreactortobedecommissioned in
theCommunity,
HAS'DECIDED ASFOLLOWS:
Article 1
TheamendmentstoArticles4,4aand12oftheStatutesofthe"Kernkraft-
werkLingenGmbH"JointUndertaking annexedtothisDecisionarehereby'
approved.
Article2
ThisDecisionshalltakeeffectonthedateofitspublication inthe
OfficialJournaloftheEuropeanCommunities .

ζ
ANNEX
Amendments totheStatutesofthe"Kernkraftwerk LingenGmbH"
JointUndertaking
1.Article4oftheStatutesofthecompanyshallbeamendedtoread
asfollows:
Article4
ThecapitalofthecompanyisDM20,000,000 (twentymillionGerman
marks)"
2.Article4aoftheStatutesofthecompanyshallbedeleted.
3.Article12oftheStatutesofthecompanyshallbeamendedtoread
asfollows:
"Article12
EachDM2,500fractionofashareshallcarrytherighttoonevote.