CELEX: 51973PC0043
Language: en
Date: 1973-01-24
Title: PROPOSAL FOR REGULATION of the Council amending the Financial Regulation on the European Agricultural Guidance and Guarantee Fund (Submitted by the Council to the Commission)

ARCHIVES HISTORIQUES
DE LA COMMISSION
COLLECTION RELIEE DES
DOCUMENTS "COM"
COM (73) 43
Vol. 1973/0005
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 ---pagebreak--- COMMISSION              OF   THE      EUROPEAN          COMMUNITIES
                                                    COM(73)43 final
                                                    Brussels , 24 January 1973
                        PROPOSAL FOR REGULATION
                             of the Council •
                amending the Financial Regulation on "the
            European Agricultural Guidance and Guarantee Fund
                ( Submitted by the Council to the Commission)
COM (73 ) 43 final
 ---pagebreak---                                                                                 νΐΛθ /73-Ε
                            PROPOSAL FOR A            REGULATION
                                       of the Council
                         amending "the Financial Regulation on the
                     European Agricultural Guidance and Guarantee Fund
 THE COUNCIL OF THE EUROPEAN" COMMUNITIES ,
 Having regard to the Treaty establishing the European Economic Community , and
 in particular Article 209 thereof ;
 Having regard to the proposal from the Commission ;
Whereas the Financial Regulation on the European Agricultural Guidance and
Guarantee Fund ( 64/127/EEC)^^ as last amended "by Financial Regulation
 ( 67/640/EEC ) ^ ^ lays down that for the purpose of settling accounts , granting
authority to pay and payment of expenditure relating to the Guarantee Section
of EAGGF the Commission shall keep an account in units of account in the name
of each Member State ;
Whereas the said Regulation did not lay down the parities to be used for cor­
recting the amounts relating to expenditure and to levies in the sugar sector
declared by the Member States into their respective national currencies , amounts
which , being accepted as eligible by the Commission , must be entered by it in
the accounts which it keeps in units of account in the name of each Member State ,
whereas it now appears necessary to fix the parities to be used in implementing
the Commission Decisions for the accounting periods before 1 January 1971 ;
Whereas to work out the balances of the Member States it is necessary to convert'
into units of account the amounts they declare in national currency , and whereas
it would seem appropriate to use the parities in force on the day of the
Commission Decision ;
Whereas , moreover , the parities to be applied for the purpose of entering in the
accounts the payments made by and to the Member States on account of the
Guarantee Section of the EAGGF pursuant to the Council resolutions on the
accounting problems resulting from the change-over from the refund system to the
direct financing system , should be laid down ;
^ ^OJ No L 34 of 27 February 1964, p. 586 .
^OJ No L 258 of 25 October 1967 , p. 11.
 ---pagebreak---                                                                                VIA0/ 73-E
                                          - 2 -
 HAS ADOPTED THIS FINANCIAL REGULATION :
                                        Article 1
 The Financial Regulation on the European Agricultural Guidance and Guarantee Fund
 is supplemented "by the following provisions :
 "Article 12a
 1 . For the purpose of keeping the accounts referred to in Article 10 , expenditure ,
      levies in the sugar sector and levies accepted as eligible in respect of the
     1967/68 , 1968/69 and "second half of 1969 " accounting periods , and expenditure
     accepted as eligible in respect of the 1970 accounting period shall be conver­
     ted into units of account at the parities in force on the day the relevant
     decision for payment on account or grant of aid was taken "by the Commission .
2 . The payments made "by the Member States to the Commission and by the latter to
     the Member States on account of the Guarantee Section of the EAGGF , and which
     are not made as a result of a Commission Decision for payment on account or
     grant of aid shall be entered in the accounts referred to in Article 10 after
     being converted into units of account at the parities in force on the day they
     are credited to or debited from the accounts opened in the Commission ^ name .
3 . Articles 11 and 12 shall apply to the discharge of the balances remaining due
     after the close of the last accounting period under the pre-1971 system . For
     that purpose , the date of settlement of accounts within the meaning of
     Articles ll(2 ) and 12 shall be the date on which the Commission took the
     decision to grant aid in respect of that last accounting period .
                                        Article 2
This Regulation shall enter into force on the third day following its publication
in the Official Journal of the European Communities and shall apply to the
accounts of the EAGGF, Guarantee Section , for the 1967/68 , 1968/69 , "the second
half of 1969 " and 1970 accounting periods .
Done at Brussels ,                                                  For the Council
                                                                   The President