Considerations on COM(2007)583 - Fixing of the financial contributions to be paid by the Member States contributing to the European Development Fund (third instalment for 2007)

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dossier COM(2007)583 - Fixing of the financial contributions to be paid by the Member States contributing to the European Development Fund (third ...
document COM(2007)583 EN
date October 10, 2007
 
(1) On 18 October 2006 the Commission sent the Council a statement of the payments to be made in 2007 and the schedule of calls for contributions. On 18 December the Council adopted the decision laying down the 2007 schedule of calls for contributions from the Member States to the EDF.

(2) On 18 December 2006 the Council adopted the decision on the contributions to be paid by the Member States to the Commission and the European Investment Bank as the first instalment for 2007. On 30 June 2007 the Council adopted the decision on the contributions to be paid by the Member States to the Commission and the European Investment Bank as the second instalment for 2007.

(3) The third subparagraph of Article 38(2) of the 9th EDF Financial Regulation stipulates that the Commission is to present the proposal for the third instalment for the current year by 10 October.

(4) The third subparagraph of Article 38(2) of the 9th EDF Financial Regulation stipulates that the Council is to decide on this instalment at the latest by 21 calendar days following the presentation by the Commission of its proposal, and that the Member States are to pay the contributions due under this instalment at the latest by 21 calendar days following the date on which the Council’s decision is notified to them.

(5) In accordance with the first paragraph of Article 121 of the 9th EDF Financial Regulation, the European Investment Bank has sent the Commission the updated estimates of commitments and payments.

(6) Paragraphs (2), (3) and (4) of Article 133 of the 9th EDF Financial Regulation stipulate that the procedure for calling for contributions under the 9th EDF also applies to the execution of decisions under previous Funds.