natgillin/translations-raw huggingface dataset:
Whilst endeavouring to achieve the objective of free movement of capital between Member States and third wunuies to the greatest extent possible and without prejudice to the other Chapters of this Treaty , the Council may , acting by a qualified majority on a proposal from the Commission , adopt measures o n the movement of capital to or from third countries involving direct investment including investment in real estate -, establishment , the provision of financial services o r the admission of securities to capital markets .
Whilst endeavouring to achieve the objective of free movement of capital between Member States and third wunuies to the greatest extent possible and without prejudice to the other Chapters of this Treaty , the Council may , acting by a qualified majority on a proposal from the Commission , adopt measures o n the movement of capital to or from third countries involving direct investment including investment in real estate -, establishment , the provision of financial services o r the admission of securities to capital markets .
Unanimity shall be required for measures under this paragraph which
Unanimity shall be required for measures under this paragraph which
Offidal
Offidal
Journal of the European Communities
Journal of the European Communities
No C 191/9
No C 191/9
wnnitute a step back in Community law as regards the liberalization of the movement of capital to or from third wunrries .
wnnitute a step back in Community law as regards the liberalization of the movement of capital to or from third wunrries .
Article 73d 1 .
Article 73d 1 .
The provisions of Article 73b shall be without prejudice W the right of Member States :
The provisions of Article 73b shall be without prejudice W the right of Member States :
in Article 228a , u k e the necessvy urgent measures on the movement of capital and on payments as regards the third countries concerned .
in Article 228a , u k e the necessvy urgent measures on the movement of capital and on payments as regards the third countries concerned .
Without prejudice to Article 224 and as long as the Council has not taken measures pursuant to paragraph 1 , a Member State may , for serious political relsons and on grounds of urgency , take unilateral measures against a third counuy with regard to capital movements and payments .
Without prejudice to Article 224 and as long as the Council has not taken measures pursuant to paragraph 1 , a Member State may , for serious political relsons and on grounds of urgency , take unilateral measures against a third counuy with regard to capital movements and payments .
The Commission and the other Member States shall be informed of such measures by the date of their entry into force at the latest .
The Commission and the other Member States shall be informed of such measures by the date of their entry into force at the latest .
The Council may , acting by a qualified majority on a proposal from the Commission , decide that the Member State concerned shall amend o r abolish such measures .
The Council may , acting by a qualified majority on a proposal from the Commission , decide that the Member State concerned shall amend o r abolish such measures .
T h e President of the Council shall inform the European Parliament of any such decision d e n by the Council .
T h e President of the Council shall inform the European Parliament of any such decision d e n by the Council .
( a ) to apply the relevant provisions of their tax law which distinguish between tax-payers who are not in the same situation with regard W their place of residence or with regard to the place where their capital is invested ;
( a ) to apply the relevant provisions of their tax law which distinguish between tax-payers who are not in the same situation with regard W their place of residence or with regard to the place where their capital is invested ;
( b ) to take all requisite measures W prevent infringements of national law and regulations , in p a ~ c u l a r in the field of taxation and the prudential supervision of financial institutions , o r to lay down procedures for the declaration of capital movements for purposes of administrative o r statistical information , or to take measures which are justified on grounds of public policy or public security .
( b ) to take all requisite measures W prevent infringements of national law and regulations , in p a ~ c u l a r in the field of taxation and the prudential supervision of financial institutions , o r to lay down procedures for the declaration of capital movements for purposes of administrative o r statistical information , or to take measures which are justified on grounds of public policy or public security .
The provisions of this Chapter shall be without prejudice to the applicability of restrictions on the right of establishment which w compatible with this Treaty .
The provisions of this Chapter shall be without prejudice to the applicability of restrictions on the right of establishment which w compatible with this Treaty .
The measures and procedures refemd to in paragraphs 1 and 2 shall not wnstitute a means of arbitrary discrimination or a disguised restriction on the free movement of capiul and payments as defined in Article 73b .
The measures and procedures refemd to in paragraphs 1 and 2 shall not wnstitute a means of arbitrary discrimination or a disguised restriction on the free movement of capiul and payments as defined in Article 73b .
Until 1 January 1994 , the following provisions shall be applicable : 1 ) Each Member State undertakes to authorize , in the currency of the Member State in which the creditor or the beneficiary resides , any payments connected with the movement of goods , services or capital , and any transfers of capital and eamings , to the extent that the movement of goods , services , capital and persons between Member States has been liberalized pursuant to this Treaty .
Until 1 January 1994 , the following provisions shall be applicable : 1 ) Each Member State undertakes to authorize , in the currency of the Member State in which the creditor or the beneficiary resides , any payments connected with the movement of goods , services or capital , and any transfers of capital and eamings , to the extent that the movement of goods , services , capital and persons between Member States has been liberalized pursuant to this Treaty .
The Member States declare their readiness W undertake the liberalization of payments beyond the exunt provided in the preceding subparagraph , in so far as their economic situation in general and the state of their balance of payments In particular so permit .
The Member States declare their readiness W undertake the liberalization of payments beyond the exunt provided in the preceding subparagraph , in so far as their economic situation in general and the state of their balance of payments In particular so permit .
2 ) In so far as movements of goods , services .
2 ) In so far as movements of goods , services .
and capital are limited only by restrictions on payments connected therewith , these resuictions shall be progressively abolished by applying , mutatis mutandis , the provisions of this Chapter and the Chapters relating to the abolition of quantitative restrictions and W the liberalization of services .
and capital are limited only by restrictions on payments connected therewith , these resuictions shall be progressively abolished by applying , mutatis mutandis , the provisions of this Chapter and the Chapters relating to the abolition of quantitative restrictions and W the liberalization of services .
3 ) Member States undertake not to introduce between themselves any new restrictions on transfers connected with the invisible transactions listed in Annex 111 to this Treaty .
3 ) Member States undertake not to introduce between themselves any new restrictions on transfers connected with the invisible transactions listed in Annex 111 to this Treaty .
The progressive abolition of existing restrictions shall be effected in accordance with the provisions of Articles 63 W 65 , in so far as such abolition is not governed by the provisions wntained in paragraphs 1 and 2 or by the other provisions of this Chapter .
The progressive abolition of existing restrictions shall be effected in accordance with the provisions of Articles 63 W 65 , in so far as such abolition is not governed by the provisions wntained in paragraphs 1 and 2 or by the other provisions of this Chapter .
By way of derogation from Anide 73b , Member States which , on 31 December 1993 , enjoy a derogation on the basis of existing Community law , shall be entitled to maintain , until 31 December 1995 at the latest , resuictions on movements of capital authorized by such derogations as exist on that date .
By way of derogation from Anide 73b , Member States which , on 31 December 1993 , enjoy a derogation on the basis of existing Community law , shall be entitled to maintain , until 31 December 1995 at the latest , resuictions on movements of capital authorized by such derogations as exist on that date .
Article 73f
Article 73f
Where , in exceptional circumstances , movements of capital to or from third countries cause , o r threaten to cause , serious difficulties for the operation of economic and moneuuy union , the Council , acting by a qualified majority on a proposal from the Commission and after consulting the ECB , may take safeguard measures with regard W third countries for a period not exceeding six months if such measures arc suictly necessary .
Where , in exceptional circumstances , movements of capital to or from third countries cause , o r threaten to cause , serious difficulties for the operation of economic and moneuuy union , the Council , acting by a qualified majority on a proposal from the Commission and after consulting the ECB , may take safeguard measures with regard W third countries for a period not exceeding six months if such measures arc suictly necessary .
I. If , in the w e s envisaged in Article 228a , action by the Community is deemed necessary , the Council may , in accordance with the procedure provided for
I. If , in the w e s envisaged in Article 228a , action by the Community is deemed necessary , the Council may , in accordance with the procedure provided for
N o C 191/10
N o C 191/10
Official
Official
4 ) If need be , Member States shall consult each other on the measures to be taken to enable the payments and uansfen mentioned in this Anicle to be effected ;
4 ) If need be , Member States shall consult each other on the measures to be taken to enable the payments and uansfen mentioned in this Anicle to be effected ;
such measures shall not prejudice the attainment of the objectives set out in this Treaty .'
such measures shall not prejudice the attainment of the objectives set out in this Treaty .'
16 ) Article 75 shall be replaced by the following :
16 ) Article 75 shall be replaced by the following :
In Anicle 92 ( 3 ) :
In Anicle 92 ( 3 ) :
- the following point shall be inserted : « ( d ) aid to promote culture and heritage conservation where such aid does not affect wading conditions and competition in the Community to an extent that is contrary to the common interest .'
- the following point shall be inserted : « ( d ) aid to promote culture and heritage conservation where such aid does not affect wading conditions and competition in the Community to an extent that is contrary to the common interest .'
2 rticle 71 I. For the purpose of implementing Article 74 , and taking into account the distinctive features of transpon , the Council shall , acting in accordance with the procedure referred to in Article 189c and after consulting the Economic and Social Committee , lay down : ( a ) common rules applicable W international transpon to or from the terriwry of a Member State or passing across the terriwry of one or more Member States ;
2 rticle 71 I. For the purpose of implementing Article 74 , and taking into account the distinctive features of transpon , the Council shall , acting in accordance with the procedure referred to in Article 189c and after consulting the Economic and Social Committee , lay down : ( a ) common rules applicable W international transpon to or from the terriwry of a Member State or passing across the terriwry of one or more Member States ;
( b ) the conditions under which non-resident carriers may operate uanspon services within a Member State ;
( b ) the conditions under which non-resident carriers may operate uanspon services within a Member State ;
( C ) measures W
( C ) measures W
- the present point ( d ) shall become ( e ) .
- the present point ( d ) shall become ( e ) .
Article 94 shall be replaced by the following :
Article 94 shall be replaced by the following :
2 rticle 94 The Council , acting by a qualified majority on a proposal from the Commission and after consulting the European Parliament , may make any appropriate regulations for the application of Articles 92 and 93 and may in panicular determine the conditions in which Article 93 ( 3 ) shall apply and the categories of aid exempted from this procedure .'
2 rticle 94 The Council , acting by a qualified majority on a proposal from the Commission and after consulting the European Parliament , may make any appropriate regulations for the application of Articles 92 and 93 and may in panicular determine the conditions in which Article 93 ( 3 ) shall apply and the categories of aid exempted from this procedure .'
Article 99 shall be replaced by the following :
Article 99 shall be replaced by the following :
2 mcle 99 improve uanspon safety ;
2 mcle 99 improve uanspon safety ;
The Council shall , acting unanimously on a proposal from the Commission and after consulting the European Parliament and the Economic and Social Committee , adopt provisions for the harmonization of legislation concerning turnover taxes , excise duties and other forms of indirect taxation to the extent that such harmonizauon is necessary to ensure the establishment and the functioning of the internal market within the time limit laid down in Article 7a » .
The Council shall , acting unanimously on a proposal from the Commission and after consulting the European Parliament and the Economic and Social Committee , adopt provisions for the harmonization of legislation concerning turnover taxes , excise duties and other forms of indirect taxation to the extent that such harmonizauon is necessary to ensure the establishment and the functioning of the internal market within the time limit laid down in Article 7a » .
Anicle 100 shall be replaced by the following : « A rtick J 00
Anicle 100 shall be replaced by the following : « A rtick J 00
( d ) any other appropriate provisions 2 .
( d ) any other appropriate provisions 2 .
The provisions referred to in ( a ) and ( b ) of 1 shall be laid down during the transitional period .
The provisions referred to in ( a ) and ( b ) of 1 shall be laid down during the transitional period .
By way of derogation from the procedure provided for in paragraph l , where the application of provisions concerning the principles of the regulawry system for uanspon would be liable W have a serious effect on the standard of living and on employment in cerrain areas and on the operation of uanspon facdities , they shall be laid down by the Council acting unanimously on a proposal from the Commission , after consulting the European Parliament and the Ewnomic and Social Committee .
By way of derogation from the procedure provided for in paragraph l , where the application of provisions concerning the principles of the regulawry system for uanspon would be liable W have a serious effect on the standard of living and on employment in cerrain areas and on the operation of uanspon facdities , they shall be laid down by the Council acting unanimously on a proposal from the Commission , after consulting the European Parliament and the Ewnomic and Social Committee .
In so doing , the Council shall take inw account the need for adaptation W the economic development which will result from establishing the common market .'
In so doing , the Council shall take inw account the need for adaptation W the economic development which will result from establishing the common market .'
17 ) The title of Tide 1 in P m Three shall be replaced by the following : TITLE V
17 ) The title of Tide 1 in P m Three shall be replaced by the following : TITLE V
The Council shall , acting unanimously on a proposal from the Commission and after consulting the European Parliament and the Ewnomic and Social Committee , issue directives for the approximation of such laws , regulations or adminisrrative provisions of the Member States as directly affect the establishment or functioning of the common market .'
The Council shall , acting unanimously on a proposal from the Commission and after consulting the European Parliament and the Ewnomic and Social Committee , issue directives for the approximation of such laws , regulations or adminisrrative provisions of the Member States as directly affect the establishment or functioning of the common market .'
Aniclc 100a ( l ) shall be replaced by the following : « l .
Aniclc 100a ( l ) shall be replaced by the following : « l .
By way of derogation from Anicle 100 and save where otherwise provided in this Treaty , the following provisions shall apply for the achievement of the objmives set out in Anicle 7a .
By way of derogation from Anicle 100 and save where otherwise provided in this Treaty , the following provisions shall apply for the achievement of the objmives set out in Anicle 7a .
The Council shall , acting in accordance with the procedure
The Council shall , acting in accordance with the procedure
COMMON RULES ON COMPETITION , TAXATION AND APPROXIMATION OF LAWS
COMMON RULES ON COMPETITION , TAXATION AND APPROXIMATION OF LAWS
N o C 191/11
N o C 191/11
referred to in Anicle 189b and after consulting the Economic and Social Committee , adopt the measures for the approximation of the provisions laid down by law , regulation o r administrative action in Member States which have as their object the establishment and functioning of the internal market .'
referred to in Anicle 189b and after consulting the Economic and Social Committee , adopt the measures for the approximation of the provisions laid down by law , regulation o r administrative action in Member States which have as their object the establishment and functioning of the internal market .'
23 ) The following Article shall be inserted : Article I O R I .
23 ) The following Article shall be inserted : Article I O R I .
The Council , acting unanimously on a proposal
The Council , acting unanimously on a proposal
24 ) The following Article shall be inserted : Article lOOd
24 ) The following Article shall be inserted : Article lOOd
The Coordinating Committee consisting of senior officials set up by Anicle K. 4 of the Treaty on European Union shall contribute , without prejudice to the provisions of Article 151 , to the preparation of the proceedings of the Council in the fields referred to in Article 10Oc .'
The Coordinating Committee consisting of senior officials set up by Anicle K. 4 of the Treaty on European Union shall contribute , without prejudice to the provisions of Article 151 , to the preparation of the proceedings of the Council in the fields referred to in Article 10Oc .'
25 ) Title 11 , Chapters 1 , 2 and 3 in P a n Three shall be replaced by the following : « TITLE V1 ECONOMIC AND MONETARY POLlCY
25 ) Title 11 , Chapters 1 , 2 and 3 in P a n Three shall be replaced by the following : « TITLE V1 ECONOMIC AND MONETARY POLlCY
from the Commission and aftcr consulting the Eumpean Parliament , shall determine the third countries whose nationals must be in possesion of a visa when crossing the exurnal borden of the Member States .
from the Commission and aftcr consulting the Eumpean Parliament , shall determine the third countries whose nationals must be in possesion of a visa when crossing the exurnal borden of the Member States .
However , in the event of an emergency situation in a third counrry posing a threat of a sudden inflow of nationals from that counrry into the Community , the Council , acting by a qualified majority on a recommendation from the Commission , may introduce , for a period not exceeding six months , a visa requirement for nationals from the country in question .
However , in the event of an emergency situation in a third counrry posing a threat of a sudden inflow of nationals from that counrry into the Community , the Council , acting by a qualified majority on a recommendation from the Commission , may introduce , for a period not exceeding six months , a visa requirement for nationals from the country in question .
T h e visa requirement established under this paragraph may be extended in accordance with the procedure referred to in paragraph 1 .
T h e visa requirement established under this paragraph may be extended in accordance with the procedure referred to in paragraph 1 .
From l January 1996 , the Council shall adopt the decisions referred to in paragraph 1 by a qualified majority .
From l January 1996 , the Council shall adopt the decisions referred to in paragraph 1 by a qualified majority .
The Council shall , before that date , acting by a qualified majority on a proposal from the Commission and after consulting the European Parliament , adopt measures relating to a uniform format for visas .
The Council shall , before that date , acting by a qualified majority on a proposal from the Commission and after consulting the European Parliament , adopt measures relating to a uniform format for visas .
In the areas referred to in this Article , the Commission shall examine any request made by a Member State that it submit a proposal to the Council .
In the areas referred to in this Article , the Commission shall examine any request made by a Member State that it submit a proposal to the Council .
This Article shall be without prejudice to the exercise of the responsibilities incumbent upon the Member States with regard to the maintenance of law and order and the safeguarding of internal security .
This Article shall be without prejudice to the exercise of the responsibilities incumbent upon the Member States with regard to the maintenance of law and order and the safeguarding of internal security .
This Article shall apply W other areas if so decided pursuant to Article K. 9 of the provisions of the Treaty o n Eumpean Union which relate W cooperation in the fields of justice and home affairs , subject to the voting conditions determined at the same time .
This Article shall apply W other areas if so decided pursuant to Article K. 9 of the provisions of the Treaty o n Eumpean Union which relate W cooperation in the fields of justice and home affairs , subject to the voting conditions determined at the same time .
Chapter 1 Economic poky Article lOZn
Chapter 1 Economic poky Article lOZn
Member States shall conduct their economic policies with a view to contributing W the achievement of the objectives of the Community , as defined in h « c l e 2 , and in the context of the broad guidelines referred to in Article 103 ( 2 ) .
Member States shall conduct their economic policies with a view to contributing W the achievement of the objectives of the Community , as defined in h « c l e 2 , and in the context of the broad guidelines referred to in Article 103 ( 2 ) .
The Member States and the Community shall act in accordance with the principle of an open market economy with free competition , favouring an efficient allocation of resources , and in compliance with the principles set out in Article 3a .
The Member States and the Community shall act in accordance with the principle of an open market economy with free competition , favouring an efficient allocation of resources , and in compliance with the principles set out in Article 3a .
Article 103
Article 103
Member States shall regard their economic policies as a matter of common concern and shall coordinate them within the Council , in accordance with the provisions of Article 102a .
Member States shall regard their economic policies as a matter of common concern and shall coordinate them within the Council , in accordance with the provisions of Article 102a .