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Decision

89/308/EEC: Commission Decision of 26 April 1989 reallocating the fifth European Development Fund appopriations not yet committed from non-programmable resources for the overseas countries and territories

CELEX
Date of document
Articles
5
Source
EUR-Lex
Article 1

In the framework of the appropriations provided for under the fifth EDF for overseas countries and territories, funds not committed from the appropriations relating to emergency aid, risk capital or regional projects shall be transferred to the financing of projects and programmes to be implemented in the three OCT areas for which the Kingdom of the Netherlands, the French Republic and the United Kingdom have responsibility.

The procedures for the transfers are the subject of Article 2 and the figures are set out in Article 3.

Article 2

With reference to Decision 80/1186/EEC:

(a) the appropriations not committed under the special funds provided for the financing of emergency aid in Article 117 (3) (b), amounting to ECU 2 325 061 in the form of grants, minus ECU 150 000 earmarked for the OCT for which the French Republic has responsibility to cover the costs of technical assistance, shall be divided into three equal shares of ECU 725 000 each;

(b) the appropriations not committed under the funds provided for risk capital in Article 83 (1) (a), amounting to ECU 1 283 000 in the form of special loans, shall be divided into three equal shares of ECU 427 667 each;

(c) the outstanding balances for each of the three OCT areas from the funds provided for in Article 114 (2) to finance regional projects shall be added to the indicative programmes of each of these three areas.

Article 3

1. The appropriations of ECU 20 million set out in Article 83 (3) of Decision 80/1186/EEC shall be increased for each of the three OCT areas to the following amounts

(in ecus)

1.2.3.4 // // // // // OCT for which the following Member State is responsible // Total // Grants // Special loans // // // // // France // 21 380 687 // 12 953 020 // 8 427 667 // Netherlands // 23 514 687 // 13 921 020 // 9 593 667 // United Kingdom // 22 470 687 // 13 209 020 // 9 261 667 // // // //

2. Moreover, an amount of ECU 150 000 in the form of grants shall be allocated to the OCT for which the French Republic is responsible to finance technical assistance for implementing the EDF, until such time as they receive treatment similar to that of the OCT for which the Kingdom of the Netherlands and the United Kingdom are responsible.

Article 4

The chief authorizing officer of the EDF is hereby instructed to carry out with the relevant authorities of the countries and territories the additional programming procedures required by the differences between:

(a) the appropriations set out in Article 3 (1), and

(b) the total amounts of the indicative programmes arising from the programming already carried out with each of the three OCT areas, pursuant to Article 91 of Decision 80/1186/EEC.

Article 5

This Regulation shall enter into force on the day of its publication in the Official Journal of the European Communities.

Done at Brussels, 26 April 1989.

For the Commission

Manuel MARÍN

Vice-President

(1) OJ No L 361, 31. 12. 1980, p. 1.

(2) OJ No L 347, 22. 12. 1980, p. 210.

5 articles

Cite this act

89/308/EEC: Commission Decision of 26 April 1989 reallocating the fifth European Development Fund appopriations not yet committed from non-programmable resources for the overseas countries and territories (EUR-Lex). Retrieved via LawPlayer, https://lawplayer.com/eu/act/31989D0308

© European Union, https://eur-lex.europa.eu, 1998-2026. Reuse authorised under Commission Decision 2011/833/EU, provided the source is acknowledged.

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