Article 8 5 0 — Dividends paid by the European Investment Fund

Remarks

This article is intended to receive any dividends paid by the European Investment Fund in respect of this contribution. The amount of dividends expected to be available in 2008 comes to EUR 5 800 000.

As laid down in the Council Decision on the Community participation in the capital increase of the EIF, the dividends earned by the Commission during the period 2007 to 2010 are considered to be assigned revenue in accordance with Article 18(2) of the Financial Regulation and are added to the resources of budget item 01 04 09 01 'European Investment Fund – Provision of paid-up shares of subscribed capital'.

Legal basis

Council Decision 94/375/EC of 6 June 1994 on Community membership of the European Investment Fund (OJ L 173, 7.7.1994, p. 12).

Council Decision 2007/247/EC of 19 April 2007 on the Community participation in the capital increase of the European Investment Fund (OJ L 107, 25.4.2007, p. 5).

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