CELEX: 51987PC0511
Language: en
Date: 1987-10-19
Title: PROPOSAL FOR A COUNCIL REGULATION ( EURATOM, ECSC, EEC ) AMENDING TEMPORARILY THE FINANCIAL REGULATION OF 21 DECEMBER 1977 APPLICABLE TO THE GENERAL BUDGET OF THE EUROPEAN COMMUNITIES

7.11.87                                   Official Journal of the European Communities                               N o C 298/5
             Proposal for a Council Regulation (Euratom, ECSC, EEC) amending temporarily the Financial
             Regulation of 21 December 1977 applicable to the general budget of the European
                                                         Communities (')
                                                        COM(87) 511 final
                                (Submitted by the Commission to the Council on 23 October 1987)
                                                          (87/C 298/06)
THE COUNCIL OF THE EUROPEAN COMMUNITIES,                             HAD ADOPTED THIS REGULATION:
Having regard to the Treaty establishing the European                                           Article 1
Coal and Steel Community and in particular Article
78 (f) thereof,                                                      The following is added to Article 98 of the Financial
                                                                     Regulation:
Having regard to the Treaty establishing the European
                                                                         'However, during the period of application of Regu-
Economic Community, and in particular Article 209
                                                                         lation (EEC) No               (') expenditure shall be
thereof,
                                                                         booked to the accounts for a financial year on the
                                                                         basis of the payments made by the authorities and
Having regard to the Treaty establishing the European
                                                                         bodies referred to in Article 4 of Regulation (EEC)
Atomic Energy Community, and in particular Article 183
                                                                         No 729/70 during the period from 1 November of
thereof,
                                                                         the previous year to 31 October of the current year,
Having regard to the proposal from the Commission,                       provided that notification of their commitment and
                                                                         authorization have reached the accounting officer
Having regard to the opinion of the European Par-                        not later than 31 March of the following year.
liament,                                                                 Expenditure effected in November and December
                                                                         1987 shall be booked to the accounts:
Having regard to the opinion of the Court of Auditors,
                                                                         — for 1987 provided that the payments do not
Whereas the conciliation provided for in the Joint                            exceed the appropriations authorized by the
Declaration of 4 March 1975 of the European Par-                              general budget of the Communities;
liament, the Council and the Commission (2) has taken                    — for 1988 where the payments are covered by the
place in a conciliation committee;                                           funds mobilized by the Member States pursuant
                                                                             to the last subparagraph of Article 4 (2) of Regu-
Whereas the Financial Regulation (3) must reflect the                        lation (EEC) No 729/70.
change in the 'advances' mechanism for the EAGGF
Guarantee section to a system of 'advances against
amounts booked to the account' in line with the                          C) OJ No L . . . ' .
amendments made to Council Regulation (EEC) N o
729/70 (4), as last amended by Regulation (EEC) No
                                                                                                Article 2
3796/85 (5),
                                                                     This Regulation shall enter into force on the third day
                                                                     following its publication in the Official Journal of the
                                                                     European Communities.
(') OJ No C 262, 1. 10. 1987, p.6.
O   OJ No C 89, 22. 4. 1975, p. 1.                                   It shall apply from 1 November 1987.
(») OJ No L 356, 31. 12. 1977, p. 1.
O   OJ No L 94, 28. 4. 1970, p. 13.                                  This Regulation shall be binding in its entirety and
(*) OJNoL367, 31. 12. 1985.                                          directly applicable in all Member States.