CELEX: 31972Q0165
Language: en
Date: 1972-04-24 00:00:00
Title: Financial Regulation of 24 April 1972 on special conditions applicable to the European Social Fund

358                                 Official Journal of the European Communities
 No L 101 /34                         Official Journal of the European Communities                               28.4.72
                                               FINANCIAL REGULATION
                                                      of 24 April 1972
                               on special conditions applicable to the European Social Fund
                                                       (72/ 165/EEC)
 THE COUNCIL OF THE EUROPEAN COMMUNITIES ,                        implementation of the budget of the European
                                                                  Communities and on the responsibilities of
 Having regard to the Treaty establishing the                     authorizing officers and accounting officers, last
 European Economic Community, and in particular                   renewed by the Financial Regulation of 20 December
 Article 209 thereof;                                             1971 ,4 appropriations for a given financial year shall
                                                                  cover payments which fall to be made during that
 Having regard to the proposal from the Commission ;              year in respect either of commitments entered into
                                                                  during that same financial year or to commitments
 Having regard to the Opinion of the European                     entered into during preceding financial years in
 Parliament1 ;
                                                                  pursuance of such authorizations as are referred to in
                                                                  paragraph 1 ( b).
 Whereas the Council Decision of 1 February 1971 2                3.    Authorizations of commitments shall fix for the
 on the reform of the European Social Fund provided               two following financial years the amounts up to
 in Article 9 that expenditure assignable to the Fund            which commitments may be entered into during the
 may be authorized for a further two-year period after            financial year concerned, under Articles 4 and 5 of
 the end of the current financial year;                          the Council Decision of 1 February 1971 . They shall
                                                                 be grouped according to budget year and broken
Whereas the provisions of this Financial Regulation               down according to the budget nomenclature.
 will subsequently have to be included in the Financial
 Regulation at present under consideration ;
                                                                                         Article 2
 HAS ADOPTED THIS FINANCIAL REGULATION :                          1.    Approval given by the Commission to schemes
                                                                 and applications for assistance submitted by the
                                                                 Member States in accordance with Articles 6 and 7 of
                        Article 1                                the Council Decision of 1 February 1971 shall
                                                                 constitute commitment to expenditure for the
 1.    In accordance with the Council Decision of 1              European Social Fund .
February 1971 and without prejudice to Article 10 (2)
of that Decision, the budget for a given financial year          2 . As regards assistance from the Fund as referred
shall include under the title 'European Social Fund':            to in Article 10 (2) of the Council Decision of 1
                                                                 February 1971 , recognition of the entitlement of
 ( a) appropriations for that financial year ;                   Member States or the approval given by the
                                                                 Commission to reconversion projects shall constitute
( b) authorization of commitments for the two
      following financial years .
                                                                 commitment to expenditure.
2. Subject to Article 6 of the Financial Regulation                                      Article 3
of 30 July 1968 3 on the establishment and
                                                                 All previous provisions which are contrary to this
                                                                 Financial Regulation are hereby repealed .
1 OJ No C 114, 11.11.1971 , p. 57.
2 OJ No L 28, 4.2.1971 , p . 15 .
a OJ No L 199, 10.8.1968, p . 1 .                                4 OJ No L 4, 6.1.1972, p. 21 .
 ---pagebreak---                                   Official Journal of the European Communities                              359
                       Article 4                             Done at Luxembourg, 24 April 1972.
                                                                                            For the Council
This Financial Regulation shall enter into force on                                         The President
the first day of the month following its publication in
the Official journal of the European Communities.                                             G. THORN