CELEX: 31977D0731
Language: en
Date: 1977-11-21 00:00:00
Title: Council Decision of 21 November 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 financial year 1975

No L 306/30                              Official Journal of the European Communities                           30 . 11 . 77
                                                     COUNCIL DECISION
                                                     of 21 November 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 finan­
                                                          cial year 1975
                                                           (77/731 /EEC)
THE COUNCIL OF THE EUROPEAN                                          Whereas revenue for the financial year 1975 consisted
COMMUNITIES,                                                         of the contributions of the Member States, amounting
Having regard to the Treaty establishing the European                to 730 000 000-00 units of account, and of miscel­
Economic Community,                                                  laneous revenue of the Fund ;
Having regard to the Convention of Association                       Whereas pursuant to the abovementioned Council
between the European Economic Community and the                      Decision of 30 May 1972 an amount of 9 963 387-32
African States and Madagascar associated with the                    units of account was transferred as the unexpended
Community (!), signed at Yaounde on 20 July 1963,                    balance from the 1st Fund to the 2nd EDF ;
Having regard to Council Decision 64/349/EEC of 25                   Whereas an advance of 49 116 925-12 units of account
February 1964 relating to the association of the over­               was paid to the European Development Fund ( 1969)
seas countries and territories with the European                     (3rd EDF);
Economic Community (2),
Having regard to the Internal Agreement on the                       Whereas the overall implementation by the Commis­
financing and administration of Community aid (3),                   sion of the operations of the European Development
signed at Yaounde on 20 July 1963, and in particular                 Fund ( 1963) (2nd EDF) during the 1975 financial year
Article 17 thereof,                                                  was such as to warrant its being given a discharge in
                                                                     respect of the implementation of these operations,
Having regard to the Financial Regulation of the Euro­
pean Development Fund set up under the Internal
Agreement on the financing and administration of                     HAS DECIDED AS FOLLOWS :
Community aid (4), and in particular Articles 7 and 8                                       Article 1
thereof,
Having regard to the Council Decision of 30 May                      The Council closes the revenue and expenditure
1972 on the transfer and utilization of the unex­                    accounts of the European Development Fund ( 1963)
pended balances of the Development Fund for the                      (2nd EDF) as at 31 December 1975 as follows :
overseas countries and territories set up by the Imple­              Revenue
menting Convention annexed to the Treaty esta­                       at the sum of 741 704 973-01 units of account,
blishing the European Economic Community,
Having regard to the revenue and expenditure                          Expenditure (payments)
                                                                     at the sum of 680 894 062-42 units of account.
accounts, the balance sheet and the summary of opera­
tions of the European Development Fund ( 1963) (2nd
EDF) as at 31 December 1975 (5),                                                            Article 2
Having regard to the report of the Audit Board on the                The Council hereby gives a discharge to the Commis­
accounts for the financial year 1975, to which report                sion in respect of the implementation of the opera­
are annexed the Commission's replies to the                           tions of the European Development Fund ( 1963) (2nd
comments made by the Audit Board,                                     EDF) for the financial year 1975.
Having regard to the resolution of the European Parlia­
ment of 7 July 1977,
                                                                      Done at Brussels, 21 November 1977 .
Recalling that, in accordance with the provisions appli­
cable to the implementation of the European Develop­                                             For the Council
ment Fund ( 1963) (2nd EDF), only the Council, acting
by a qualified majority, shall give a discharge to the                                            The President
Commission in respect of the financial administration
of the Fund :                                                                                      H. SIMONET
(') OJ No  93 , 11 . 6 . 1964, p . 1431 /64.
(2) OJ No  93, 11 .  6. 1964, p. 1472/64.
(3) OJ No  93 , 11 . 6. 1964, p . 1493/ 64.
(4  OJ No  93 , 11 . 6. 1964, p. 1498/64.
(5) OJ No  C 282,    29 . 11 . 1976, p. 1 .