CELEX: 51979PC0499
Language: en
Date: 1979-09-25
Title: PROPOSAL FOR A COUNCIL DECISION APPROVING AN AMENDMENT TO THE STATUTES OF THE JOINT UNDERTAKING "SCHNELL-BRÜTER-KERNKRAFTWERKSGESELLSCHAFT mbH" (SBK) (presented by the Commission to the Council)

ARCHIVES HISTORIQUES
DE LA COMMISSION
COLLECTION RELIEE DES
DOCUMENTS "COM"
COM (79) 499
Vol. 1979/0171
 ---pagebreak--- Disclaimer
Conformément au règlement (CEE, Euratom) n° 354/83 du Conseil du 1er février 1983
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In accordance with Council Regulation (EEC, Euratom) No 354/83 of 1 February 1983
concerning the opening to the public of the historical archives of the European Economic
Community and the European Atomic Energy Community (OJ L 43, 15.2.1983, p. 1), as
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In Übereinstimmung mit der Verordnung (EWG, Euratom) Nr. 354/83 des Rates vom 1.
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 ---pagebreak--- COMMISSION OF THE EUROPEAN COMMUNITIES
                                         COM ( 79 ) 499 final
                                         Brussels . 25th September 1979
                      PROPOSAL FOR A COUNCIL DECISION
                   APPROVING    ; AN AMENDMENT TO THE STATUTES
                         OF THE JOINT   UNDERTAKING
          "SCHNELL-BROÜTER -KERNKRAFTWERKSGESELLSCHAFT mbH " ( SBK )
               ( presented by the Commission to the Council )
 COM (79 ) 499 final
 ---pagebreak---                       EXPLANATORY MEMORANDUM
By its Decision of 20 May 1975 ( Official Journal No L 152 / 8 of 12 June
1975 ), the Council set up " Schnel l - Bruter- Kernkraftwerksgesel Ischaft mbH "
( SBK ) as a joint undertaking .  The second paragraph of Article 50 of the
Euratom Treaty stipulates that amendments to the statutes of joint under­
takings shall not enter into force until they have been approved by the
Council , acting in accordance with the procedure laid down in Article 47
on a proposal from the Commission .
At their general meeting of May 1979 , the shareholders of SBK decided to increase
the company 's capital , as referred to in Articles 4 and 5 of the       statutes ,
from DM 127 million to DM 220 million .
By letter of 22 May 1979 , SBK requested the Commission to submit this
amendment to the Council for approval .
The Commission proposes that the amendment be approved .
 ---pagebreak---                         Proposal for a
Council Decision        approving          an amendment to the statutes of the
joint undertaking     Schnei l -Brüter- Kernkraftwerksgesel Ischaft mbH " ( SBK )
THE COUNCIL OF THE EUROPEAN COMMUNITIES ,
Having regard to the Treaty establishing the European Atomic Energy
Community , and in particular Article 50 thereof ;
Having regard to the proposal from the Commission ;
                                        1
Whereas by Decision 75 / 328 / EURAT0M       ' the Council set up the " Schnell-
Bruter-Kernkraftwerksgesel Ischaft mbH " ( SBK ) as a joint undertaking ;
Whereas by Decision 75 / 725 / EURATOM ^,           ' the Council approved an> '
amendment to the statutes of the joint undertaking which increased its
capital ;
Whereas at a general meeting of the joint undertaking held in May 1979
it was decided to increase its capital by a further amount ;
Whereas this amendment is not in conflict with the provisions governing
the joint undertaking and is in line with the development of the project ,
HAS ADOPTED THIS DECISION      :
                           .                    »
                                 Artide 1
The amendment to the statutes of the joint undertaking " Schnel l-Bruter-
Kernkraftwerksgesel Ischaft mbH " ( SBK ), annexed to this Decision , is hereby
approved .
                                 Article 2
This Decision is addressed to the Member States and to               Schnei l-Bruter-
Kernkraftwerksgesel Ischaft mbH " ( SBK ).
Done at Brussels ,
                                                 For the Counci I
                                                The President
 1 ) OJ No L 152 , 12.6.1975 , p. 8 .
 2 ) OJ No L 311 , 1.12.1975 , p. 38
 ---pagebreak---                                ANNEX
Amendment to the Statutes of the ioit t undertaking      Schnell-
Brüter- Kerr..<.raftwerksgesel Lschaft mbH " ( SBK )
- In article 4 ,     DM 127 000 000 ( one hundred and twenty-seven million
German marks )" is replaced by " DM 220.000 000. ( two hundred and twenty
million German marks )";
- The first paragraph of Article 5 is replaced by . the following :
  The following companies and board have contributed to the share
  capital :
  (a)   Rheinisch-Westfälisches Elektrizitätswerk
        Aktiengesellschaft - Essen .
        subscription of .                               DM 151 . 470 000
  ( b ) N.V. Samenwerkende Elektri citeits-
        Produktiebedri j ven , Arnhem ,
        subscription of :                               DM  32 450 000
  ( c ) S.A. Electronucleaire , Brussels
        subscription of                                 DM  32 450 000
  ( d ) Central Electricity Generating Board
        London
        subscription of :                               DM    3 630 000 '