CELEX: 31982D0170
Language: en
Date: 1982-03-15 00:00:00
Title: 82/170/Euratom: Council Decision of 15 March 1982 amending Decision 77/271/Euratom as regards the total amount of Euratom loans which the Commission is empowered to contract for the purpose of contributing to the financing of nuclear power stations

Avis juridique important

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31982D0170

82/170/Euratom: Council Decision of 15 March 1982 amending Decision 77/271/Euratom as regards the total amount of Euratom loans which the Commission is empowered to contract for the purpose of contributing to the financing of nuclear power stations  

Official Journal L 078 , 24/03/1982 P. 0021 - 0021 Spanish special edition: Chapter 12 Volume 4 P. 0049  Portuguese special edition Chapter 12 Volume 4 P. 0049 

*****COUNCIL  DECISION  of 15 March 1982  amending Decision 77/271/Euratom as regards the total amount of Euratom loans which the Commission is empowered to contract for the purpose of contributing to the financing of nuclear power stations  (82/170/Euratom)  THE COUNCIL OF THE EUROPEAN  COMMUNITIES,  Having regard to the Treaty establishing the European Atomic Energy Community,  Having regard to Council Decision 77/270/Euratom of 29 March 1977 empowering the Commission to issue Euratom loans for the purpose of contributing to the financing of nuclear power stations (1), and in particular Article 1 thereof,  Having regard to the proposal from the Commission,  Whereas the loan level of 800 million ECU mentioned in Decision 77/271/Euratom (2), as amended by Decision 80/29/Euratom (3), has been reached;  Whereas experience indicates that it is desirable to raise, by 1 000 million ECU, the total amount of loans which the Commission is empowered to contract on behalf of the European Atomic Energy Community;  Whereas it is therefore necessary to amend Decision 77/271/Euratom,  HAS DECIDED AS FOLLOWS:  Sole Article  The Sole Article of Decision 77/271/Euratom is hereby replaced by the following:  'Sole Article  Loans as provided for in Article 1 of Decision 77/270/Euratom may be contracted for amounts the total principal of which shall not exceed the equivalent of 2 000 million ECU.  When the total value of the transactions effected reaches 1 800 million ECU, the Commission shall inform the Council, which, acting unanimously on the Commission's proposal, shall decide on the fixing of a new amount as soon as possible.'  Done at Brussels, 15 March 1982.  For the Council  The President  W. DE CLERCQ  (1) OJ No L 88, 6. 4. 1977, p. 9.  (2) OJ No L 88, 6. 4. 1977, p. 11.  (3) OJ No L 12, 17. 1. 1980, p. 28.