ARCHIVESHISTORIQUES
DELACOMMISSION
COLLECTION RELIEEDES
DOCUMENTS "COM"
COM(77)24
Vol.1977/0009

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COMMISSION OFTHEEUROPEAN COMMUNITIES
COM(77)24final
Brussels.10February1977
Proposalfora
COUNCIL DECISION
on"theallocationtotheEDF(1975ofan
amountof7438500unitsofaccountpursuant
oftheInternalAgreement
onthefinancingandad­
ministration ofCommunity
aid
(submittedtotheCouncilToytheCommission)
COK(77)24final

EXPLANATORY MEMORANDUM :
I.Negotiations betweentheCommunity and
SaoTomeandPrincipe
CapeVerde
PapuaNewGuinea
fortheiraccessiontotheACP-EECLomeConventiontoqkplaceinBrussels
inaccordance withtheCouncilDirectives of14July1976
-on16July1976withSaoTomeandPrincipeandCapeVerde
-on29October1976withPapuaNewNewGuinea
Followingthesenegotiations -theCommission presentedtwocommunicationsd )
stotheCouncilwithaviewtoundertaking theprocedureforsigningand
4:
concluding anaccessionagreementwitheachofthesethreeapplicantStates.
Γ.
II.1.AtameetingoftheCouncilofMinisterson17January1977,itwasdecided
thatanadditional amountof22.5millionunitsofaccountwouldbeallocated
Î
toaidfortheACPStatesunderthefourthEDF.f
The22.5millionunitsofaccountwillbefinancedasfollows:
ι
(1)bytheallocationoftheamountreferredtointhefirstindentofArticle
30(A)oftheCouncilDecisionof29June1976(2)ontheassociation ofthe
overseascountriesandterritories withtheEuropeanEconomicCommunity,of
13miIlionu.a.
v1)SeeC0M(76)450finalof8September1976forSaoTomeandPrincipeandCapeVerde
andC0M(76)634final/Aof25November1976forPapuaNewGuinea.
v2;Décision76/568/EEC-0JN°L176/8,1.7.1976,page15.

-2-
(2)bynewcontributions fromtheMemberStatestotalling9.5millionu.a.
2.OnthebasisofthescaleforthefourthEDF,thisamountof9.5millionu.a.
isbrokendownasfollows:
BeIgium 593750units
Denmark 228000II
Germany 2465250II
France 2465250•I
Ireland 57000II
Italy 1140000M
Luxembourg 19000tt
Netherlands 755250II
UnitedKingdom 1776500II
3.Thecontributions fromeachMemberStatewillbecoveredasfollows:
(1)byadditionalpaymentsofthefollowingamountsbyDenmark,Irelandand
theUnitedKingdom:
Denmark
Ireland
UnitedKingdom228000unitsofaccount
57000"
1776500"
(2)bytheallocationofthepayments,proceedsandincomereferredtoin
Article10(1)ofthe1975InternalAgreementonthefinancingand
administration ofCommunityaidandwhichaccruefromoperationsfinanced
fromtheresourcesofthesecondandthirdEDFsuptothefollowingamounts
inrespectofBelgium,Germany,France,Italy,LuxembourgandtheNetherlands
Belgium
Germany
France593750unitsofaccount
2465250
•i/.ZCICfl II II
Italy
Luxembourg
Netherlands2465250
1140000
19000
755250
•••/•••

-3-
4.Since thecontributions from each Member State will have tobecovered ,
fully bytheendof1980 atthelatest ,this means that because ofthedifferent
scales established for thesecond and third EDFs and thedifferent percentages
foreach Member State ,certain Member States will fulfill their obligations before
other Member States ,though this anomaly will beeliminated before theendof1980 .
This difference intiming will inany case innowayaffect thefinancing ofthe
EDFbecause ,owing tothegeneral long time lagbetween commitments and
disbursements ,thefinal contributions totheFund will nothave tobecalled up
until several years after theendof1980 .
III.Sothat theamounts indicated in(3)above maybeallocated tocover the
contributions ofeach Member State inorder totake into account the accession
oftheDemocratic Republic ofSaoTome andPrincipe ,theRepublic ofCape Verde
andPapua New Guinea totheACP-EEC Lome Convention ,theCommission isforwarding
totheCouncil theannexed proposal foradecision ontheuse oftheamounts of
thepayments referred toinArtiole 10(1 )oftheInternal' Agreement (1975)*

Proposal foraCouncil Decision ontheallocation totheEDF (19T5)ofthe
6umof7438500units ofaccount pursuant toArticle 10(l )oftheInternal
Agreement onthefinancing andadministration ofCommunity aidof11July1975
THE COUNCIL OFTHE EUROPEAN COTgfUNITISS .
Having regard totheTreaty establishing theEuropean Economic Community ,
Having regard totheInternal Agreement 76/165/EEConthefinancing andadmini­
stration ofCommunity aid (1)signed inBrussels on11July 1975 »andin
particular Article 10(l )thereof ,
Having regard totheproposal from theCommission ,
Whereas theDemocratic Republic ofSaoTome andPrincipe ,theRepublio ofCape
Verde andPapua NewGuinea have signed Agreements ofAccession totheACP-EEC
2Convention ofLome ,pursuant toArticle 90thereof ,on
and
respectively :
Whereas thepossibilities under Article 10(l )ofthesaid Internal Agreement
should beused tocover theadditional contributions totheEDF (1975)from the
Member States listed inArticle 1below following theaccession totheACP-EEC
Lome Convention oftheabove –named three States ,
HAS DECIDED ASFOLLOWS :
Article 1
Thepayments ,proceeds andincome referred toinArticle 10(l )oftheInternal
Agreement onthefinancing andadministration ofCommunity aidwhich accrue
from operations financed from theresources ofthesecond andthird EDFs ,less
anycommission duetotheBank :under that heading ,shall beplaced inreserve
uptothefollowing maximum amounts inrespect ofBelgium ,Germany ,Prance ,
Italy ,Luxembourg andtheNetherlands :
Belgium 593750units ofaocount
Germany 24^5250 " "
France 2465250 " "
Italy 1140000 " "
■ZNoL25,30.1.76 ,p.1
~JNoL25,30.1.75 ,p.168 •/•

-I(a -
Luxembourg 19000units ofaccount
Netherlands 755250 " "
Article 2
These amounts shall "bepaid totheCommission ,atitsrequest ,andused for
covering thecontributions ofthose Member States totalce into account the
accession oftheDemocratic Republic ofSaoTome andPrincipe ,theRepublic
ofCape Verde andPapua Hew Guinea totheACP-EEC Convention ofLome .
Done at
For the Council
The President

FINANCIAL RECORD
forthe1977Budget
PART1:INTERVENTION APPROPRIATIONS
(forexistingand.newprojects) ;
1.RELEVANTBUDGETHEADINGCODE
Notapplicable
2.TITLEOPBUDGETHEADING
Notapplicable
3*LEGALBASIS
-Article238oftheEECTreaty
-Article10(1)oftheInternalAgreementonthefinancingand
administration ofCommunityaid,signedon11July1975•
4.DESCRIPTION ,OBJECTIVE(S)ANDJUSTIFICATION OFTHEfROJECT
&
Ml-
Thepurposeofthismeasureistoadjusttheamount^allocatedtothe
EDF,followingtheaccessionofSaoTomeandPrincige,CapeVerdeand
PapuaNewGuineatotheLomeConvention.Neither1[headditionalfunds
northeoverallEDFappropriation accruefromtheCommunitybudget.
5.APPROPRIATIONS (inu.a.)
Notapplicable
6.TYPEOFCONTROLTOBEAPPLIED
S^rpecofcontrolprovidedforin.thecontextoftheLomeConventionand
theEDFFinancialRegulation.

-2-
B.PART2:ADDITIONALDATATOBEPROVIDED
FORANEWPROJECT1
7.OVERALLCOSTOPTHEPROJECT(FORTHEWHOLEOFITSEXPECTEDDURATION)
Notapplicable
8.INFORMATIONREGARDINGSTAFFINGANDTHEAPPROPRIATIONS FORADMINISTRATIVE
EXPENDITURE NECESSARYFORTHEIMPLEMENTATION OFTHEPROJECT
(Forthecurrentfinancialyear,forthenextthreeyears,and(ifpossible)
fortheentiredurationoftheproject)
Notapplicable
9.PROJECTFINANCEDFROM:
ContributionsoutsidetheCommunitybudgetfromtheMemberStatesofthe
Community.
TheCommissionDecisionof28November1973onnewbudgetprocedures
mentionstheneedtodrawupa"financialmemorandum"foreachnew
project,consistingofthetwopartsofthisfinancialrecord#
«