Decision No 3/2000 of the ACP-EC Committee of Ambassadors of 26 September 2000 concerning the establishment of a reserve intended to finance decisions under Stabex and Sysmin in the period 2 August to 31 December 2000
Date: 2000-09-26
Institutions: ACP Committee of Ambassadors
Subjects: ACP countries, Stabex, Sysmin, agreement (EU), reserves

L 303/30

EN

Official Journal of the European Communities

2.12.2000

DECISION No 3/2000 OF THE ACP-EC COMMITTEE OF AMBASSADORS

of 26 September 2000

concerning the establishment of a reserve intended to finance decisions under Stabex and Sysmin
in the period 2 August to 31 December 2000

(2000/752/EC)

THE ACP-EC COMMITTEE OF AMBASSADORS,

Having regard to the fourth ACP Convention signed at Lomé
on 15 December 1989 and revised at Port Louis on 4
November 1995, hereinafter referred to as ‘the Convention’,

Having regard to ACP-EC Council of Ministers Decision No
1/2000 of 27 July 2000 concerning transitional measures
applicable from 2 August 2000 until the entry into force of the
ACP-EC Partnership Agreement, and in particular Article
3(3)(b) thereof,

Whereas:

(1)

(2)

In the case of Stabex, Article 2(a) of ACP-EC Council of
Ministers Decision No 1/2000 of 27 July 2000 extends
until 31 December 2000 those terms of
the fourth
ACP-EC Convention, as revised by the agreement signed
in Mauritius on 4 November 1995, which concern
transfer decisions for the 1998 and 1999 application
years
the unexpended
reimbursement of
balances arising under the second Financial Protocol
(Article 195 point (a) of the Convention).

and the

In the case of Sysmin, Article 2(b) of ACP-EC Council of
Ministers Decision No 1/2000 extends until 31
December 2000 those terms of the Convention which
concern operations for which requests for aid were
submitted before 1 August 2000.

(3)

Article 3(3)(b) of ACP-EC Council of Ministers Decision
No 1/2000 stipulates that:

— a reserve for the financing of any decision taken
under Article 2 points (a) and (b) of the said Council
Decision will be established by 30 September 2000;
— the ACP-EC Committee of Ambassadors will deter-
mine the methods for calculating this reserve and the
final amount thereof and also the method for trans-
ferring any unexpended balances to the EDF special
account by 30 September 2000,

HAS DECIDED AS FOLLOWS:

Article 1

The final amount of the reserve referred to in Article 3(3)(b) of
ACP-EC Council of Ministers Decision No 1/2000 of 27 July
2000 concerning transitional measures applicable from 2
August 2000 until the entry into force of the ACP-EC Partner-
is determined as follows:
ship Agreement,

(a) Stabex:

— potential

transfers

chargeable

to

1998 and 1999 application years

168 000 000

(in Euro)

— potential

reimbursement of unex-
the
(Article

pended balances arising under
second Financial Protocol
195 point (a) of the Convention)

(b) Sysmin:

— amount

to

for

operations

be
committed by 31 December 2000 at
the latest and for which requests for
aid were submitted before 1 August
2000

(c) Final amount of the reserve

72 000 000

55 000 000

295 000 000

Article 2

(a) The balance, in terms of the appropriation of the Stabex
instrument, after deduction of the amount set out in Article
1(a) of this Decision shall be EUR 1 105 672 002. This
amount is available for programming activities in accord-
ance with Article 3 of this Decision No 1/2000 of the
ACP-EC Council of Ministers of 27 July 2000.

(b) In terms of liquid assets, the balance of the Stabex instru-
ment shall be progressively transferred to the special
account of the EDF by 31 December 2001 at the latest.

(c) The balance which, pursuant to Article 2(b) of ACP-EC
Council of Ministers Decision No 1/2000, must be used to
following
identified development programmes
support
finalisation of requests for aid under Sysmin submitted
before 1 August 2000 but for which decisions cannot
be
be
31 December
before
EUR 410 926 000.

2000,

taken

shall

(d) The balance of the reserve established under Article 1 of
this Decision, available on 31 December 2000, shall be
transferred from the special Stabex account to the special
EDF account before 31 December 2001.

Done at Brussels, 26 September 2000.

For the ACP-EC Committee of Ambassadors

The President

P. VIMONT