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

Please note

This page contains a limited version of this dossier in the EU Monitor.

 
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
 
(1) For the purposes of the Protocol annexed to the Treaty establishing the European Community on the financial consequences of the expiry of the ECSC Treaty and on the Research Fund for Coal and Steel, the Commission shall manage the assets of the ECSC in liquidation and, on completion of the liquidation, the Assets of the Research Fund for Coal and Steel.

(2) The management of these assets should be aimed at the highest possible yield that is compatible with security.

(3) The entire capital of the Assets of the Research Fund for Coal and Steel, yielded by the liquidation, should be preserved intact.

(4) The management of the transferred assets should take account of the experience gained in conducting the financial operations of the European Coal and Steel Community, and 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 should therefore be based on this experience.