CELEX: 31975Q0717
Language: en
Date: 1975-11-24 00:00:00
Title: 75/717/Euratom, ECSC, EEC: Financial Regulation of 24 November 1975 derogating from Article 6 (1) of the Financial Regulation of 25 April 1973 applicable to the general budget of the European Communities

27 . 11 . 75                                Official Journal of the European Communities                           No L 307/ 25
                                                     FINANCIAL REGULATION
                                                         of 24 November 1975
              derogating from Article 6 ( 1 ) of the Financial Regulation of 25 April 1973 appli­
                               cable to the general budget of the European Communities
                                                      (75/71 7/Euratom , ECSC, EEC)
THE COUNCIL OF THE EUROPEAN                                              Whereas this rule should be rendered more flexible in
COMMUNITIES,                                                             view of the exceptional circumstances peculiar to the
                                                                         1 974 financial year by making provision for the appro­
Having regard to the Treaty establishing the European                    priations committed for that financial year to be
Economic Community, and in particular Article 209                        carried forward automatically for a period of two years,
thereof ;
 Having regard to the proposal from the Commission ;
                                                                         HAS ADOPTED THIS FINANCIAL REGULATION :
 Having regard to the Opinion of the European Parlia­
 ment (') ;
                                                                                                ' Article 1
Whereas Article 6 ( 1 ) (c) of the Financial Regulation
of 25 April 1973 (2) applicable to the general budget of                 The following paragraph shall be inserted in Article 6
the European Communities provides that appropria­                        of the Financial Regulation of 25 April 1973 :
tion for payments still outstanding for commitments                          ' 5a. By way of derogation from paragraph 1 ,
properly entered into between 1 January and 31                               appropriations relating to the European Social
 December shall be carried forward automatically to                           Fund for payments outstanding for commitments
the next financial year only ;                                               entered into between 1 January and 31 December
Whereas this rule has proved too inflexible with                              1974 shall be carried forward automatically for the
 regard to appropriations for the European Social Fund                        two years following the 1974 financial year.'
for payments still outstanding for commitments
entered into between 1 January and 31 December                                                    Article 2
 1974, as a result of the provisions governing the
 lodging of applications for payment and the checking                    This Financial Regulation shall enter into force on 1
thereof ;                                                                December 1975 .
              This Financial Regulation shall be binding in its entirety and directly applicable in all
              Member States .
               Done at Brussels , 24 November 1975 .
                                                                                     For the Council
                                                                                       The President
                                                                                       B. VISENTINI
(') OJ No C 239 , 20 . 10 . 1975, p . 31 .
( : ) OJ No L 11 6, 1 . 5 . 1 973 , p . 1 .