CELEX: 31977D0316
Language: en
Date: 1977-04-05 00:00:00
Title: Council Decision of 5 April 1977 giving a discharge to the Commission in respect of the implementation of the operations of the European Development Fund (1969) (3rd EDF) for the 1972 financial year

28. 4. 77                                 Official Journal of the European Communities                             No L 105/41
                                                       COUNCIL DECISION
                                                          of 5 April 1977
               giving a discharge to the Commission in respect of the implementation of the operations of the
                         European Development Fund ( 1969) (3rd EDF) for the 1972 financial year
                                                           (77/316/EEC)
 THE COUNCIL OF THE EUROPEAN COMMUNITIES,                            Recalling that, in accordance with the provisions applic­
                                                                     able to the implementation of the European Development
                                                                     Fund ( 1969) (3rd EDF), only the Council, acting by a
 Having regard to the Treaty establishing the European               qualified majority, shall give a discharge to the Commis­
 Economic Community,                                                 sion in respect of the financial administration of the Fund ;
 Having regard to the Convention of Association between              Whereas expenditure relating to the 1972 financial year
 the European Economic Community and the African                     was largely covered by an advance of 67 798 757-26 units
 States and Madagascar associated with the Communi­                  of account from the resources of the European Develop­
 ty (*), signed at Yaounde on 29 July 1969,                          ment Fund ( 1963 ) (2nd EDF) and by miscellaneous re­
                                                                     venue of the Fund;
 Having regard to Council Decision 70/549 /EEC of 29
 September 1970 on the association of the overseas coun­             Whereas the overall implementation by the Commission
 tries and territories with the European Economic Com­               of the operations of the European Development Fund
 munity (*) ,                                                        ( 1969 ) (3rd EDF) during the 1972 financial year was such
 Having regard to the Internal Agreement on the financing            as to warrant its being given a discharge in respect of the
 and administration of Community aid (*), signed at Ya­              implementation of those operations,
 ounde on 29 July 1969, and in particular Article 22 there­
 of,
                                                                     HAS DECIDED AS FOLLOWS :
 Having regard to Financial Regulation 71 /68 /EEC of the
 European Development Fund ( 1969) set up under the In­                                         Article 1
 ternal Agreement on the financing and administration of
 Community aid (*), and in particular Articles 7 and 8
 thereof,                                                            The Council closes the revenue and expenditure accounts
                                                                     of the European Development Fund ( 1969) (3rd EDF) as
                                                                     at 31 December 1972 as follows :
 Having regard to the revenue and expenditure accounts,
 the statement and the summary of operations of the Euro­
                                                                     Expenditure (payments)
 pean Development Fund ( 1969) (3rd EDF) as at 31 De­
 cember 1972,                                                        at the sum of 65 642 527-84 units of account.
  Having regard to the report of the Audit Board on the ac­
  counts for the 1 972 financial year, to which report are an­                                 Article 1
 nexed the Commission's replies to the comments made by
  the Audit Board ,                                                  The Council hereby gives a discharge to the Commission
                                                                     in respect of the implementation of the operations of the
  Having regard to the opinion of the European Parliament            European Development Fund ( 1969) (3rd EDF) for the
  of 14 December 1976 ,                                              1 972 financial year.
                                                                     Done at Luxembourg, 5 April 1977 .
(') OJ No L 282, 28 . 12. 1970, rr. 2 .                                                                     For the Council
 (*) OJ No L 282 , 28 . 12. 1970, p. 83 .                                                                     The President
(s) OJ No L 282, 28 . 12 . 1970, p. 47 .
(4) OJ No 1. 31 , 8 . 2. 1971 , p. 1 .                                                                          D. OWEN