Commission Regulation (EC) No 643/2000 of 28 March 2000 on arrangements for using the euro for the purposes of the budgetary management of the Structural Funds
Date: 2000-03-28
Institutions: European Commission
Subjects: Structural Funds, development aid, implementation of the budget, monetary union, regional aid, report

L 78/4

EN

Official Journal of the European Communities

29.3.2000

COMMISSION REGULATION (EC) No 643/2000

of 28 March 2000

on arrangements for using the euro for the purposes of the budgetary management of the
Structural Funds

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European
Community,

Having regard to Council Regulation (EC) No 1260/1999 of 21
June 1999 laying down general provisions on the Structural
Funds (1), and in particular Article 33 and Article 53(2) thereof,

(4)

(5)

The Committee referred to in Article 147 of the Treaty,
the Management Committee on Agricultural Structures
the Management
and Rural Development,
Committee for Fisheries and Aquaculture were consulted
on this Regulation.

and

The measures laid down in this Regulation are in
conformity with the opinion of the Committee on the
Development and Conversion of Regions,

Whereas:

(1)

(2)

(3)

Article 33 of Regulation (EC) No 1260/1999 provides
that Commission decisions, commitments and payments
will be denominated and carried out in euro in accord-
ance with arrangements to be drawn up by the Commis-
sion.

The conversion rates between the euro and the curren-
cies of the Member States which have the euro as their
currency are those irrevocably fixed by Council Regula-
tion (EC) No 2866/98 (2); pursuant
to Article 1 of
Commission Regulation (Euratom, ECSC, EC) No 3418/
93 of 9 December 1993 laying down detailed rules for
the implementation of certain provisions of the Financial
Regulation of 21 December 1977 (3), as last amended by
Decision 1999/537/EC, ECSC, Euratom (4), for Member
States which do not have the euro as their currency the
exchange rates are the monthly euro rates calculated on
the basis of the rates in force on the day before the last
working day of the month preceding the month for
which the rates are set; these rates are published in the C
series of the Official Journal of the European Communities.

to the transitional provisions laid down in
Pursuant
Article 52(1) of Regulation (EC) No 1260/1999,
for
contributions granted under Council Regulation (EEC)
No 4253/88 of 19 December 1988 laying down provi-
sions for implementing Regulation (EEC) No 2052/88 as
regards the coordination of the activities of the different
Structural Funds between themselves and with the
operations of the European Investment Bank and the
other existing financial instruments (5), as last amended
by Regulation (EC) No 3193/94 (6),
the provisions
relating to payments laid down in Commission Regula-
tion (EEC) No 1866/90 of 2 July 1990 on arrangements
for using the ecu for the purposes of the budgetary
management of the Structural Funds (7), as last amended
by Regulation (EC) No 2745/94 (8), must continue to be
applied.

(1) OJ L 161, 26.6.1999, p. 1.
(2) OJ L 359, 31.12.1998, p. 1.
(3) OJ L 315, 16.12.1993, p. 1.
(4) OJ L 206, 5.8.1999, p. 24.
(5) OJ L 374, 31.12.1988, p. 1.
(6) OJ L 337, 24.12.1994, p. 11.
(7) OJ L 170, 3.7.1990, p. 36.
(8) OJ L 290, 11.11.1994, p. 4.

HAS ADOPTED THIS REGULATION:

Article 1

Presentation of plans, applications for contributions from
the Funds and annual and final implementation reports

Development plans,

1.
financing plans, applications for
assistance and programme complements and the annual and
final implementation reports referred to in Regulation (EC) No
1260/1999 shall be submitted to the Commission in euro.

In the annual and final

2.
the
amounts in euro in the statements of expenditure must corre-
spond to the amounts in euro obtained by application of
Article 2.

implementation reports,

Article 2

Payments

Statements of expenditure in support of payment applica-
1.
tions, certified by the paying authority in accordance with
Article 32(3) of Regulation (EC) No 1260/1999 shall be
submitted to the Commission in euro.

2. Member States which do not have the euro as their
currency on the date of the payment application shall convert
into euro the amounts of expenditure incurred in national
currency, applying the rates in force on the last but one
working day at the Commission in the month preceding the
month during which the expenditure was recorded in the
accounts of the paying authority responsible for the contribu-
tion concerned.

3. When the euro becomes the currency of a Member State,
the conversion procedure set out in the preceding paragraph
shall continue to apply to all expenditure recorded in the
accounts by the paying authority before the date of entry into
force of
the fixed conversion rate between the national
currency and the euro.

29.3.2000

EN

Official Journal of the European Communities

L 78/5

Article 3

Repeal

Regulation (EEC) No 1866/90 is hereby repealed without prejudice to the transitional provisions laid down
in Article 52 of Regulation (EC) No 1260/1999.

This Regulation shall enter into force on the third day following its publication in the Official Journal of the
European Communities.

Article 4

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels, 28 March 2000.

For the Commission

Michaele SCHREYER

Member of the Commission