CELEX: 51977PC0196
Language: en
Date: 1977-05-26
Title: Draft COMMISSION DECISION ECSC altering the due date for collection of the levy on the production of coal and steel.

ARCHIVES HISTORIQUES
DE LA COMMISSION
COLLECTION RELIEE DES
DOCUMENTS "COM"
COM (77) 196
Vol. 1977/0078
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In accordance with Council Regulation (EEC, Euratom) No 354/83 of 1 February 1983
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 ---pagebreak--- COMMISSION OF THE EUROPEAN COMMUNITIES
                                          COM(77)196   final .
                                          Brussels , 26 May 1977
                                Draft
                      COMMISSION DECISION ECSC
         altering the due date for collection of the levy
                on the production of coal and steel .
 C0M(77 ) 196 final .
 ---pagebreak---                           EXPLANATORY MEMORANDUM
Draft Commission Decision altering the due date for payment of the levy
                   on the production of coal and steel
In view of the difficulties faced by the steel market and the length of
time elapsing between the manufacture of the products on which levies
are charged and the receipt of proceeds (usually a full two months ), it
is proposed that the conditions for collection of ECSC levies he altered
and the due date - which has so far "been the twenty-fifth day of the month
following that of production - "be fixed at the twenty-fifth of the
second month following that of production .
Although this measure will "bring some relief to undertakings (approximately
7 500 000 ECJA) , it will also mean a reduction in ECSC cash resources and
a corresponding loss in interest - which could amount to 0.£f m ELTA per
year . The proposed extension of the period between the date of production
and the date of payment of the corresponding levy does not , however ,
affect the resources entered in the 1977 ECSC "budget , since the latter
refer to the month of production and not to the month of payment .
Finally , this measure is more in keeping with economic realities .
This decision requires a decision to "be taken "by the Commission under
Article 50(2 ) of the ECSC Treaty , after consulting the Council ; the
draft of this decision is annexed hereto .
 ---pagebreak---                                       Draft
                              Commission Décision       'ECSC
 altering the due date for collection of the levy on the production of
 coal and steel .
 THE COMMISSION OP THE EUROPEAN COMMUNITIES ,
Having regard to the Treaty establishing the European Coal and Steel
 Community , and in particular Articles 49 and 50 thereof ,
Having consulted the Council ,
Whereas the period of time "between the manufacture of the products on
■which levies are charged and the collection of the proceeds is usually
a full two months ,
HAS ADOPTED THIS DECISION :
                                         Article 1
 There is added to the second paragraph of Article 4 of ECSC Decision
 2/52 ^^ the following:
"With effect from 1977 payment of levies
  shall be due on the twenty-fifth day of the second month following
  the month of production".
This Decision shall be binding in its entirety and directly applicable
in all Member States .
Done at Brussels ,                                 1977
  ( 1 ) OJ No 1 f- 30 . 12 . 1952 , p. 3