Use of funds
Article 20
1. The assets of the ECSC in liquidation, including both its loan portfolio and its investments, shall be used as necessary to meet the remaining obligations of the ECSC in liquidation relating to its outstanding borrowings, its commitments resulting from previous operating budgets and any unforeseen liabilities. 2. The assets that are not necessary to meet the remaining obligations of the ECSC in liquidation shall be prudently invested by the Commission, in accordance with the chosen investment horizon referred to in Article 21, and used to fund research in sectors related to the coal and steel industry.