Article 1 
With effect from 1 July 1997, the weightings applicable to remuneration payable in the currency of the country of employment shall be as shown in the Annex. The exchange rates for the calculation of such remuneration shall be those used for implementation of the general budget of the European Communities for the month preceding the date referred to in the first paragraph. Article 2 In accordance with the first paragraph of Article 13 of Annex X of the Staff Regulations, the Council shall set weightings every six months. It shall accordingly set new weightings with effect from 1 January 1998. The institutions shall make back payments in the event of an increase in remuneration as a result of these weightings. For the period between 1 July 1997 and the date of the Council decision setting the weightings applicable with effect from 1 July 1997, the institutions shall make retrospective downward adjustments to remuneration in the event of a reduction as a result of these weightings. Retrospective adjustments involving the recovery of sums overpaid shall, however, concern only a period of no more than six months preceding the decision and this recovery shall be spread over no more than 12 months from the date of that decision. Article 3 This Regulation shall enter into force on the day following that of its publication in the Official Journal of the European Communities. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 20 February 1998. For the Council The President R. COOK (1) OJ L 56, 4. 3. 1968, p. 1. (2) OJ L 351, 23. 12. 1997, p. 5.
Article 2 
In accordance with the first paragraph of Article 13 of Annex X of the Staff Regulations, the Council shall set weightings every six months. It shall accordingly set new weightings with effect from 1 January 1998. The institutions shall make back payments in the event of an increase in remuneration as a result of these weightings. For the period between 1 July 1997 and the date of the Council decision setting the weightings applicable with effect from 1 July 1997, the institutions shall make retrospective downward adjustments to remuneration in the event of a reduction as a result of these weightings. Retrospective adjustments involving the recovery of sums overpaid shall, however, concern only a period of no more than six months preceding the decision and this recovery shall be spread over no more than 12 months from the date of that decision. Article 3 This Regulation shall enter into force on the day following that of its publication in the Official Journal of the European Communities. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 20 February 1998. For the Council The President R. COOK (1) OJ L 56, 4. 3. 1968, p. 1. (2) OJ L 351, 23. 12. 1997, p. 5.
Article 3 
This Regulation shall enter into force on the day following that of its publication in the Official Journal of the European Communities. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 20 February 1998. For the Council The President R. COOK (1) OJ L 56, 4. 3. 1968, p. 1. (2) OJ L 351, 23. 12. 1997, p. 5.