CELEX: 31977D0315
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 (1963) (2nd EDF) for the 1972 financial year

28. 4. 77                                      Official Journal of the European Communities                              No L 105/39
                                                           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 ( 1963 ) (2nd EDF) for the 1972 financial year
                                                                (77/3 15 /EEC)
THE COUNCIL OF THE EUROPEAN COMMUNITIES ,                                  Recalling that, in accordance with the provisions applica­
                                                                           ble to the implementation of the European Development
                                                                           Fund ( 1963 ) (2nd 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
the European Economic Community and the African                            Whereas revenue for the 1972 financial year consisted
States and Madagascar associated with the Communi­                         mainly of the contributions of the Member States,
ty (*), signed at Yaounde on 20 July 1963 ,                                amounting to 697 895 134-28 units of account, and of
                                                                           miscellaneous revenue of the Fund; whereas, moreover,
Having regard to Council Decision 64/349/EEC of 25                         an advance of 35 216 819-37 units of account was
February 1964 relating to the association of the overseas                  granted from the resources of the Development Fund for
countries and territories with the European Economic                       the overseas countries and territories ( 1st Fund);
Community (2),
                                                                           Whereas the overall implementation by the Commission,
Having regard to the Internal Agreement on the financing                   of the operations of the European Development Fund
 and administration of Community aid (3), signed at                        ( 1963 ) (2nd EDF) during the 1972 financial year was such
 Yaounde on 20 July 1963 , and in particular Article 17                    as to warrant its being given a discharge in respect of the
 thereof,                                                                  implementation of those operations,
Having regard to Financial Regulation 64/356/EEC of
the European Development Fund set up under the Internal                    HAS DECIDED AS FOLLOWS :
Agreement on the financing and administration of Com­
munity aid (4), and in particular Articles 7 and 8 thereof,
                                                                                                    Article 1
 Having regard to the revenue and expenditure accounts,                    The position of the Council on comments 80 and 8 1 in the
 the statement and the summary of operations of the Euro­                   report of the Audit Board for the 1972 financial year is as
 pean Development Fund ( 1963 ) (2nd EDF) as at 31 De­                     set out in the Annex .
 cember 1972,
 Having regard to the report of the Audit Board on the ac­
 counts for the financial year 1972, to which report are an­
 nexed the Commission's replies to the comments made by                                            Article 2
 the Audit Board,
                                                                           The Council closes the revenue and expenditure accounts
                                                                           of the European Development Fund ( 1963 ) (2nd EDF) as
 Having regard to the opinion of the European Parliament                   at 31 December 1972 as follows :
 of 14 December 1976 ,
                                                                           Revenue
                                                                           at the sum of 701 448 955-20 units of account;
 (*) OJ No  93 ,  11 . 6. 1964,  p. 1431 /64.
 (*) OJ No  93 ,  11 . 6. 1964 , p. 1472/64 .                              Expenditure (payments)
 H   OJ No  93 ,  11 . 6. 1964,  p. 1493 /64 .
 (4) OJ No  93 ,  11 . 6. 1964,  p. 1498 /64.                               at the sum of 582 204 786-41 units of account.
 ---pagebreak---  No L 105/40                             Official Journal of the European Communities                                        28. 4. 77
                          Article 3                                     Done at Luxembourg, 5 April 1977.
                                                                                                                  For the Council
The Council hereby gives a discharge to the Commission
in respect of the implementation of the operations of the                                                           The President
European Development Fund ( 1963 ) (2nd EDF) for the
1972 financial year.                                                                                                  D. OWEN
                                                              ANNEX
               Position of the Council on comments 80 and 81 of the Audit Board on price support operations
               THE COUNCIL calls upon the Commission to submit with all speed a comprehensive report on the man­
               agement and operation of the fund for the support of oil products set up in 1 971 and on any conclusions to
               he drawn for similar operations.
               THE COUNCIL requests the Commission to take the necessary steps to pay the advance granted to the
               equalization fund of the OCAM Sugar Agreement.