Proposal for a Council Regulation (EC, ECSC, Euratom) amending Regulation (EEC, Euratom, ECSC) No 260/68 which lays down the conditions and procedure for applying the tax for the benefit of the European Communities
Date: 1998-02-20
Institutions: European Commission
Subjects: Community tax, European official, disability insurance, pay, pension scheme, survivor's benefit

C  118/14

EN

Official  Journal  of  the  European  Communities

17.4.98

published  in  the  "C’  series  of  the  Official  Journal  of  the
European  Communities.

3.(cid:218)(cid:217)The  share  of  a  Member  State  in  GDPmp  of  the
Community  shall  be  its  share  in  the  sum  of  GDPmp  of
the  Member  States  over  five  years,  expressed  as  a
percentage.

Article  9

The  various  steps  of  calculation  shall  use  sufficient  digits
to  ensure  their  accuracy.  The  weighting  of  national
central  banks  in  the  key  shall  be  expressed  to  four
decimal  places.

Article  8

Article  10

The  weighting  of  a  national  central  bank  in  the  key  shall
be  the  arithmetic  mean  of  the  shares  of  the  Member
State  concerned  in  the  population  and  in  the  GDPmp  of
the  Community.

to 

referred 

The  data 
shall  be
in 
communicated  by  the  Commission  to  the  European
Monetary  Institute  before  the  day  the  establishment  of
the  ECB  becomes  effective.

this  Decision 

Proposal  for  a  Council  Regulation  (EC,  Euratom,  ECSC)  amending  Regulation  (EEC,
Euratom,  ECSC)  No  260/68  which  lays  down  the  conditions  and  procedure  for  applying  the  tax
for  the  benefit  of  the  European  Communities

(98/C  118/09)

COM(97)  725  final  -  98/0058(CNS)

(Submitted  by  the  Commission  on  20  February  1998)

THE  COUNCIL  OF  THE  EUROPEAN  UNION

Having  regard 
the  Treaty  establishing  a  single
Council  and  a  single  Commission  of  the  European
Communities,

to 

Having  regard  to  the  Protocol  on  the  Privileges  and
Immunities  of 
in
particular  Articles  13  and  23  thereof,

the  European  Communities,  and 

Having  regard  to  the  proposal  from  the  Commission,

whereas  the  application  of  this  tax  to  the  European
Monetary  Institute  becomes 
the
Institute  goes  into  liquidation,

irrelevant  when 

HAS  ADOPTED  THE  FOLLOWING  REGULATION:

Article  1

Article  12a  of  Regulation  (EEC,  Euratom,  ECSC)  No
260/68  is  replaced  by  the  following  text:

Having 
Parliament,

regard 

to 

the  opinion  of 

the  European

"Article  12a

Having  regard  to  the  opinion  of  the  European  Monetary
Institute,

(1)(cid:217)Whereas 

the  European  Central  Bank,  hereafter
referred  to  as  "the  ECB’,  will  be  established  as  soon
as  its  Executive  Board  is  appointed;

for 

tax 

the 

the  benefit  of 

(2)(cid:217)Whereas  it  is  appropriate  to  extend  the  application
the  European
of 
Communities,  on  the  terms  and  in  accordance  with
the  procedure 
in  Regulation  (EEC,
Euratom,  ECSC)  No  260/68(cid:216)(˛),  to  the  salaries,
wages  and  emoluments  of  the  members  of  the
Governing  Council  and  the  General  Council  of  the
European  Central  Bank  and  the  staff  of  that  Bank;

laid  down 

(˛)(cid:217)OJ  L  56,  4.3.1968,  p.  8.

This  Regulation  shall  apply  to  the  members  of  the
Governing  Council  and  of  the  General  Council  of
the  European  Central  Bank,  to  members  of  its  staff
and  to  recipients  of  the  pensions  paid  by  the  Bank
who  are  included  in  the  categories  determined  by  the
Council  pursuant  to  the  first  paragraph  of  Article  16
of  the  Protocol  on  Privileges  and  Immunities,  with
regard  to  salaries,  wages  and  emoluments  and  to
disability,  retirement  and  survivors’  pensions  paid  by
the  Bank.’

Article  2

This  Regulation  shall  enter  into  force  on  the  day  on
which  the  establishment  of  the  European  Central  Bank
becomes  effective.

The  Regulation  shall  be  binding 
directly  applicable  in  all  Member  States.

in 

its  entirety  and