2003/175/EC: Council Decision of 7 March 2003 on the use of interest from the European Development Fund to finance the cost of implementing the internal system of management for individual consultants working in the ACP States and the Overseas Countries and Territories
Date: 2003-03-07
Institutions: Council of the European Union
Subjects: ACP countries, European Development Fund, fact-finding mission, financing, overseas countries and territories, personnel administration

L 70/34

EN

Official Journal of the European Union

14.3.2003

COUNCIL DECISION

of 7 March 2003

on the use of interest from the European Development Fund to finance the cost of implementing
the internal system of management for individual consultants working in the ACP States and the
Overseas Countries and Territories

THE COUNCIL OF THE EUROPEAN UNION,

(2)

(2003/175/EC)

Having regard to the Treaty establishing the European
Community,

Having regard to the Third ACP-EEC Convention signed at
Lomé on 8 December 1984,

Having regard to the Fourth ACP Convention (1) signed at
Lomé on 15 December 1989, as amended by the Agreement
signed in Mauritius on 4 November 1995 (2),

Having regard to the Internal Agreement of 19 February 1985
on the financing and administration of Community aid (3),
hereinafter referred to as the ‘Internal Agreement for the 6th
EDF’, and in particular Article 9(2) thereof,

Having regard to the Internal Agreement of 16 July 1990 on
the financing and administration of Community aid under the
Fourth ACP-EC Convention (4), hereinafter referred to as the
‘Internal Agreement on the 7th EDF’, and in particular Article
9(2) thereof,

Having regard to the Internal Agreement of 20 December
1995 between the Representatives of the Governments of the
Member States, meeting within the Council, on the financing
and administration of Community aid under the Second Finan-
cial Protocol to the fourth ACP-EC Convention (5), hereinafter
referred to as the ‘Internal Agreement for the 8th EDF’, and in
particular Article 9(2) thereof,

Having regard to the proposal from the Commission,

The financial resources required should be drawn from
the interest generated on funds deposited under the
different European Development Funds
(EDFs) and
which are in the EDF's cash accounts, in accordance with
the Internal Agreements applicable to the 6th, 7th and
8th EDFs,

HAS DECIDED AS FOLLOWS:

Article 1

The sum of EUR 2 700 000 shall be deducted from the interest
on the funds deposited under the various Funds in the cash
accounts of the European Development Fund to finance the
costs of internalising the management system for individual
consultants working in the ACP States and Overseas Countries
and Territories for a period of four years following the date of
the adoption of this Decision.

Article 2

This Decision shall enter into force on the day of its adoption.

Whereas:

Done at Brussels, 7 March 2003.

(1)

the Commission no longer
Since 1 January 2003,
entrusts
consultants
working in the ACP States and the Overseas Countries
and Territories to external private-law bodies.

the management of

individual

For the Council

The President

N. CHRISTODOULAKIS

(1) OJ L 229, 17.8.1991, p. 3.
(2) OJ L 156, 29.5.1998, p. 3.
(3) OJ L 86, 31.3.1986, p. 210.
(4) OJ L 229, 17.8.1991, p. 288.
(5) OJ L 156, 29.5.1998, p. 108.