CELEX: 31978D0899
Language: en
Date: 1978-10-30 00:00:00
Title: 78/899/EEC: Council Decision of 30 October 1978 giving a discharge to the Commission in respect of the implementation of the operations of the Development Fund for the overseas countries and territories (First Fund) for the financial year 1976

10. 11 . 78                           Official Journal of the European Communities                           No L 316/33
                                                    COUNCIL DECISION
                                                     of 30 October 1978
              giving a discharge to the Commission in respect of the implementation of the
              operations of the Development Fund for the overseas countries and territories
                                           (First Fund) for the financial year 1976
                                                         (78/899/EEC)
THE COUNCIL OF THE EUROPEAN                                       Fund), only the Council, acting by a qualified
COMMUNITIES,                                                      majority, should give a discharge to the Commission
                                                                  in respect of the financial administration of the Fund,
Having regard to the Treaty establishing the European
Economic Community,                                               Whereas an advance of 14 248 577-23 European units
                                                                  of account was paid to the European Development
Having regard to the Implementing Convention on                   Fund ( 1975) (Fourth EDF) ;
the association of the overseas countries and territories
with the Community, annexed to the Treaty,                        Whereas the overall implementation by the Commis­
                                                                  sion of the operations of the first Development Fund
Having regard to Regulation No 5 laying down                      during the financial year 1976 was such as to warrant
detailed provisions relating to the collection and                its being given a discharge in respect of the implemen­
transfer of financial contributions, the budgeting and            tation of these operations,
administration of the resources of the Development
Fund for the overseas countries and territories ( 1 ), and
in particular Article 16 thereof,                                 HAS DECIDED AS FOLLOWS :
Having regard to Regulation No 6 relating to the                                           Article 1
responsibility of authorizing and accounting officers
for the resources of the Development Fund for the                 The Council closes the revenue and expenditure
overseas countries and territories (2),
                                                                  account of the Development Fund for the overseas
                                                                  countries and territories (First Fund) as at 31
Having regard to the Council Decision of 30 May                   December 1976 as follows :
 1972 on the transfer and utilization of the unex­
                                                                  Revenue at the sum of 581 250 000-00 European units
pended balances of the Development Fund for the                   of account,
overseas countries and territories set up by the Imple­           Expenditure (payments) at the sum of 567 001 422-77
menting Convention annexed to the Treaty esta­                    European units of account.
blishing the European Economic Community,
Having regard to the revenue and expenditure account                                       Article 2
and the balance sheet relating to the operations of the
Development Fund for the overseas countries and                   The Council hereby gives a discharge to the Commis­
territories (First Fund) as at 31 December 1976 (3),              sion in respect of the implementation of the opera­
                                                                  tions of the Development Fund for the overseas coun­
Having regard to the report of the Audit Board on the             tries and territories (First Fund) for the financial year
accounts for the financial year 1976, to which report              1976 .
are annexed the Commission's replies to the
comments made by the Audit Board,
                                                                  Done at Luxembourg, 30 October 1978 .
Having regard to the resolution of the European Parlia­
ment of 4 July 1978 ,                                                                           For the Council
Recalling that, in accordance with the provisions appli­                                         The President
cable to the implementation of the Development
Fund for the overseas countries and territories (First                                              J. ERTL
(>) OJ No 33, 31 . 12. 1958, p. 681 / 58 .
(2) OJ No 33, 31 . 12. 1958 , p. 686/58 .
(3) OJ No C 254, 24. 10. 1977 .