CELEX: 31977D0322
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 European Development Fund (1969) (3rd EDF) for the 1974 financial year

No L 105/50                                Official Journal of the European Communities                                   28. 4 . 77
                                                       COUNCIL DECISION
                                                         of 5 April 1977
               giving a discharge to the Commission in respect of the implementation of the operations of the
                           European Development Fund ( 1969) (3rd EDF) for the 1974 financial year
                                                            (77/322/EEC)
THE COUNCIL OF THE EUROPEAN COMMUNITIES,                              Recalling that, in accordance with the provisions applica­
                                                                      ble to the implementation of the European Development
                                                                      Fund ( 1969 ) (3rd EDF), only the Council, acting by a
Having regard to the Treaty establishing the European                 qualified majority, shall give a discharge to the Commis­
Economic Community,                                                   sion in respect of the financial administration of the Fund ;
Having regard to the Convention of Association between                Whereas revenue for the 1974 financial year consisted
the European Economic Community and the African                      mainly of the contributions of the Member States, amount­
States and Madagascar associated with the Communi­                    ing to 268 301 701-61 units of account, and of miscel­
                                                                      laneous revenue of the Fund; whereas, moreover, an ad­
 ty (!), signed at Yaounde on 29 July 1969 ,
                                                                      vance of 89 965 223-06 units of account was granted
 Having regard to Council Decision 70/549/EEC of 29                   from the resources of the previous Funds ;
September 1970 on the association of the overseas coun­
 tries and territories with the European Economic Com­                Whereas the overall implementation by the Commission
 munity (2) ,                                                         of the operations of the European Development Fund
                                                                      ( 1969 ) (3rd EDF) during the 1974 financial year was such
Having regard to the Internal Agreement on the financing              as to warrant its being given a discharge in respect of the
and administration of Community aid (3), signed at Ya­                implementation of those operations,
ounde on 29 July 1969, and in particular Article 22 there­
of,
                                                                     HAS DECIDED AS FOLLOWS :
Having regard to Financial Regulation 71 /68 /EEC of the                                        Article 1
European Development Fund ( 1969 ) set up under the In­
ternal Agreement on the financing and administration of
Community aid (4), and in particular Articles 7 and 8                The Council closes the revenue and expenditure accounts
thereof,                                                              of the European Development Fund ( 1969) (3rd EDF) as
                                                                      at 31 December 1974 as follows :
 Having regard to the revenue and expenditure accounts,              Revenue
 the statement and the summary of operations of the Euro­             at the sum of 360 641 648 63 units of account;
 pean Development Fund ( 1969) (3rd EDF) as at 31 De­
 cember 1974 (5),
                                                                      Expenditure (payments)
                                                                      at the sum of 304 425 11 l - 35 units of account.
Having regard to the report of the Audit Board on the ac­
counts for the 1974 financial year, to which report are an­
nexed the Commission's replies to the comments made by                                          Article 2
the Audit Board,
                                                                     The Council hereby gives a discharge to the Commission
Having regard to the opinion of the European Parliament              in respect of the implementation of the operations of the
of 14 December 1976,                                                  European Development Fund ( 1969) (3rd EDF) for the
                                                                      1974 financial year.
                                                                     Done at Luxembourg, 5 April 1977.
(*) OJ No L 282 , 28 . 12 . 1970, p. 2 .                                                                     For the Council
(2)  OJ  No  L 282, 28 . 12. 1970, p. 83 .
(3)  OJ  No  L 282, 28 . 12. 1970, p. 47.                                                                     The President
(4)  OJ  No  L 31 , 8 . 2. 1971 , p. 1 .
(«)  OJ  No  C 73 , 29. 3 . 1976, p. 36.                                                                         D. OWEN