CELEX: 31978D0900
Language: en
Date: 1978-10-30 00:00:00
Title: 78/900/EEC: Council Decision of 30 October 1978 giving a discharge to the Commission in respect of the implementation of the operations of the European Development Fund (1963) (Second EDF) for the financial year 1976

No L 316/34                           Official Journal of the European Communities                           10. 11 . 78
                                                  COUNCIL DECISION
                                                    of 30 October 1978
              giving a discharge to the Commission in respect of the implementation of the
              operations of the European Development Fund (1963) (Second EDF) for the finan­
                                                       cial year 1976
                                                        (78/900/EEC)
THE COUNCIL OF THE EUROPEAN                                      Whereas revenue for the financial year 1976 consisted
COMMUNITIES,                                                     of the contributions of the Member States, amounting
Having regard to the Treaty establishing the European            to 730 000 000 00 European units of account, and of
Economic Community,                                              miscellaneous revenue of the Fund ;
Having regard to the Convention of Association                   Whereas pursuant to the abovementioned Council
between the European Economic Community and the                  Decision of 30 May 1972 an amount of 10 553 354-69
African States and Madagascar associated with the                European units of account was transferred as the unex­
Community (1), signed at Yaounde on 20 July 1963,                pended balance from the First Fund to the Second
                                                                 EDF ;
Having regard to Council Decision 64/349/EEC of 25
February 1964 relating to the association of the over­           Whereas an advance of 30 274 1 20-34 European units
seas countries and territories with the European                 of account was paid to the European Development
Economic Community (2),                                          Fund ( 1975) (Fourth EDF);
Having regard to the Internal Agreement on the                   Whereas the overall implementation by the Commis­
financing and administration of Community aid (3),               sion of the operations of the European Development
signed at Yaounde on 20 July 1963, and in particular             Fund ( 1963) (Second EDF) during the financial year
Article 17 thereof,                                               1976 was such as to warrant its being given a
Having regard to the Financial Regulation of the Euro­           discharge in respect of the implementation of these
pean Development Fund set up under the Internal                  operations,
Agreement on the financing and administration of
Community aid (4), and in particular Articles 7 and 8            HAS DECIDED AS FOLLOWS :
thereof,
                                                                                        Article 1
Having regard to the Council Decision of 30 May
 1972 on the transfer and utilization of the unex­               The Council closes the revenue and expenditure
pended balances of the Development Fund for the                  account of the European Development Fund (1963)
overseas countries and territories set up by the Imple­          (Second EDF) as at 31 December 1976 as follows :
menting Convention annexed to the Treaty esta­
blishing the European Economic Community,                        Revenue at the sum of 740 638 508-73 European units
                                                                 of account,
Having regard to the revenue and expenditure account             Expenditure (payments) at the sum of 698 080 435-55
and the balance sheet relating to the operations of the          European units of account.
European Development Fund ( 1963) (Second EDF) as
at 31 December 1976 (5),                                                                Article 2
Having regard to the report of the Audit Board on the
accounts for the financial year 1976, to which report            The Council hereby gives a discharge to the Commis­
are annexed the Commission's replies to the                      sion in respect of the implementation of the opera­
comments made by the Audit Board,                                tions of the European Development Fund (1963)
                                                                 (Second EDF) for the financial year 1976.
Having regard to the resolution of the European Parlia­
ment of 4 July 1978,
Recalling that, in accordance with the provisions appli­         Done at Luxembourg, 30 October 1978 .
cable to the implementation of the European Develop­
ment Fund ( f963) (Second EDF), only the Council,                                            For the Council
acting by a qualified majority, should give a discharge                                       The President
to the Commission in respect of the financial adminis­
tration of the Fund,                                                                             J. ERTL
(') OJ No  93, 11 . 6. 1964, p. 1431 /64.
(2) OJ No  93, 11 . 6. 1964, p. 1472/64.
(*) OJ No  93, 11 . 6. 1964, p. 1493/64.
(<) OJ No  93, 11 . 6. 1964, p. 1498/64.
P)  OJ No  C 254,   24. 10. 1977.