CELEX: 31977D0314
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 Development Fund for the overseas countries and territories (1st Fund) for the 1972 financial year

28. 4. 77                                  Official Journal of the European Communities                            No L 105/37
                                                       COUNCIL DECISION
                                                           of 5 April 1977
              giving a discharge to the Commission in respect of the implementation of the operations of the
              Development Fund for the overseas countries and territories ( 1st Fund) for the 1972 financial
                                                                 year
                                                            (77/314/EEC)
THE COUNCIL OF THE EUROPEAN COMMUNITIES ,                             charge to the Commission in respect of the financial ad­
                                                                      ministration of the Fund ;
Having regard to the Treaty establishing the European
Economic Community,
Having regard to the Implementing Convention on the as­               Whereas an advance of 35 216 819*37 units of account
sociation of the overseas countries and territories with the          has been paid to the European Development Fund ( 1963 )
Community, annexed to the Treaty,                                     ( 2nd EDF);
Having regard to Regulation No 5 laying down detailed
provisions relating to the collection and transfer of finan­
cial contributions, the budgeting and administration of
the resources of the Development Fund for the overseas                Whereas the overall implementation by the Commission
countries and territories (*), and in particular Article 16           of the 1 972 operations of the first Development Fund dur­
thereof,                                                              ing the 1972 financial year was such as to warrant its be­
                                                                      ing given a discharge in respect of the implementation of
Having regard to Regulation No 6 relating to the respon­              those operations,
sibility of authorizing and accounting officers for the re­
sources of the Development Fund for the overseas coun­
tries and territories (2),
Having regard to the revenue and expenditure -accounts,               HAS DECIDED AS FOLLOWS :
the statement and the summary of operations of the De­
velopment Fund for the overseas countries and territories
( 1st Fund) as at 31 December 1972,
                                                                                                Article 1
Having regard to the report of the Audit Board on the ac­             The position of the Council on comment 70 in the report
counts for the 1972 financial year, to which report are an­           of the Audit Board for the 1972 financial year is as set out
nexed the Commission's replies to the comments made by                in the Annex.
the Audit Board, and in particular the second part of that
report, which deals with the Development Funds,
 Having regard to the opinion of the European Parliament
 of 14 December 1976 ,                                                                         Article 2
 Recalling that, in accordance with the provisions applica­           The Council closes the revenue and expenditure accounts
 ble to the implementation of the Development Fund for                of the Development Fund for the overseas countries and
 the overseas countries and territories ( 1st Fund), only the         territories ( 1st Fund) as at 31 December 1972 as follows :
Council, acting by a qualified majority, shall give a dis­
                                                                      Revenue
                                                                      at the sum of 581 520 065-62 units of account;
H OJ No 33 , 31 . 12 . 1958 , p. 681 /58 .                            Expenditure(payments)
(2) OJ No 33, 31 . 12. 1958 , p. 686/58.                              at the sum of 546 303 246-25 units of account.
 ---pagebreak--- No L 105/38                                Official Journal of the European Communities                                       28. 4 . 77
                              Article 3                                 Done at Luxembourg, 5 April 1977.
The Council hereby gives a discharge to the Commission                                                               For the Council
in respect of the implementation of the operations of the                                                             The President
Development Fund for the overseas countries and ter­
ritories ( 1st Fund) for the 1972 financial year.                                                                         D. OWEN
                                                                ANNEX
               The position of the Council on comfnem 70 of the Audit Board concerning the enforcement of the respon­
                sibilities assumed by the consultancy bureaux
                THE COUNCIL calls upon the Commission to continue its efforts to forestall and impose sanctions on the
                consequences, for the execution of projects, of the delays, shortcomings or omissions of certain studies.