Legal provisions of COM(2000)520 - Multiannual financial guidelines for managing the assets of the"ECSC in liquidation"

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dossier COM(2000)520 - Multiannual financial guidelines for managing the assets of the"ECSC in liquidation".
document COM(2000)520 EN
date November 30, 2009


Contents

Article 1

The multiannual financial guidelines for managing the assets of the ECSC in liquidation and, on completion of the liquidation, the Assets of the Research Fund for Coal and Steel (hereinafter referred to as the 'financial guidelines') are set out in the Annex.

Article 2

The financial guidelines shall be reviewed or supplemented, if appropriate, every five years, first period ending on 31 December 2007. To this end, and at the latest in the first six months of the last year of each five-year period, the Commission shall reassess the operation and effectiveness of the financial guidelines and shall propose any appropriate amendments.

If it sees fit, the Commission may carry out such reassessment and shall submit proposals for any appropriate amendments to the Council before the expiry of the five-year period.

Article 3

This Decision shall take effect on the day following that of its publication in the Official Journal of the European Union.

It shall apply from 24 July 2002.

Article 4

This Decision is addressed to the Member States.