CELEX: 31977D0318
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 1973 financial year

28. 4. 77                                   Official Journal of the European Communities                             No L 105/43
                                                        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 1973 financial year
                                                             (77/318/EEC)
THE COUNCIL OF THE EUROPEAN COMMUNITIES,                               nexed the Commission's replies to the comments made by
                                                                       the Audit Board,
Having regard to the Treaty establishing the European                  Having regard to the opinion of the European Parliament
 Economic Community,                                                   of 14 December 1976,
 Having regard to the Convention of Association between                Recalling that, in accordance with the provisions applica­
 the European Economic Community and the African                       ble to the implementation of the European Development
 States and Madagascar associated with the Communi­                    Fund ( 1963 ) (2nd EDF), only the Council, acting by a
 ty ^) , signed at Yaounde on 20 July 1963 ,                           qualified majority, shall give a discharge to the Commis­
                                                                       sion in respect of the financial administration of the Fund ;
Having regard to Council Decision 64/349/EEC of 25
  February 1964 relating to the association of the overseas            Whereas revenue for the 1973 financial year consisted
 countries and territories with the European Economic                  mainly of the contributions of the Member States,
  Community (2) ,                                                      amounting to 724 534 024-54 units of account, and of
                                                                       miscellaneous revenue of the Fund ; whereas, moreover,
  Having regard to the Internal Agreement on the financing             an advance of 25 331 472-75 units of account was
 and administration of Community aid (s) , signed at Ya­               granted from the resources of the Development Fund for
  ounde on 20 July 1963 , and in particular Article 17 there­          the overseas countries and territories ( 1st Fund);
  of,
                                                                       Whereas, pursuant to the abovementioned Council Deci­
  Having regard to Financial Regulation 64/356/EEC of                  sion of 30 May 1972, the amount 9 015 638-$3 units of
  the European Development Fund set up under the Internal              account was transferred as the unexpended balance from
  Agreement on the financing and administration of Com­                the first Fund to the second EDF ;
  munity aid (4) , and in particular Articles 7 and 8 thereof,
                                                                       Whereas the overall implementation by the Commission
Having regard to the Council Decision of 30 May 1 972 on               of the operations of the European Development Fund
the transfer and utilization of the unexpended balances of             ( 1963 ) (2nd EDF) during the 1973 financial year was such
the Development Fund for the overseas countries and ter­               as to warrant its being given a discharge in respect of the
ritories set up by the Implementing Convention annexed                 implementation of those operations,
to the Treaty establishing the European Economic Com­
munity,
                                                                       HAS DECIDED AS FOLLOWS :
Having regard to the revenue and expenditure accounts,
the statement and the summary of operations of the Euro­
pean Development Fund ( 1963 ) (2nd EDF) as at 31 De­                                            Article 1
cember 1973(5) ,
                                                                       The Council closes the revenue and expenditure accounts
Having regard to the report of the Audit Board on the ac­              of the European Development Fund ( 1963 ) (2nd EDF) as
counts for the financial year 1973 , to which report are an­           at 31 December 1973 as follows :
                                                                       Revenue
 i}) OJ No 93 , 11 . 6 . 1964, p. 1431 /64.                            at the sum of 728 005 544-61 units of account;
(2) OJ No 93 , 11 . 6 . 1964, p. 1472/64.
(3) OJ No 93 , 11 . 6. 1964, p.' 1493 /64.
(*) OJ No 93 , 11 . 6 . 1964, p. 1498 /64.                             Expenditure (payments)
(5) OJ No C 148, 27. 11 . 1974, p. 15 .                                at the sum of 631 666 809-15 units of account.
 ---pagebreak--- No L 105/44                          Official Journal of the European Communities                          28. 4. 77
                        Article 2                              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
                                                                                                    D. OWEN
1973 financial year.