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Document 12016A089

Consolidated version of the Treaty establishing the European Atomic Energy Community
TITLE II - PROVISIONS FOR THE ENCOURAGEMENT OF PROGRESS IN THE FIELD OF NUCLEAR ENERGY
CHAPTER 8 - Property ownership
Article 89

OJ C 203, 7.6.2016, p. 35–36 (BG, ES, CS, DA, DE, ET, EL, EN, FR, GA, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

Legal status of the document In force

ELI: http://data.europa.eu/eli/treaty/euratom_2016/art_89/oj

7.6.2016   

EN

Official Journal of the European Union

C 203/35

Article 89

1.   In the Special Fissile Materials Financial Account:

(a)

the value of special fissile materials left in the possession of or put at the disposal of a Member State, person or undertaking shall be credited to the Community and debited to that Member State, person or undertaking;

(b)

the value of special fissile materials which are produced or imported by a Member State, person or undertaking and become the property of the Community shall be debited to the Community and credited to that Member State, person or undertaking. A similar entry shall be made when a Member State, person or undertaking restores to the Community special fissile materials previously left in the possession of or put at the disposal of that State, person or undertaking.

2.   Variations in value affecting the quantities of special fissile material shall be expressed for accounting purposes in such a way as not to give rise to any loss or gain to the Community. Any loss or gain shall be borne by or accrue to the holder.

3.   Balances arising from the transactions referred to above shall become payable forthwith upon the request of the creditor.

4.   Where the Agency undertakes transactions for its own account, it shall, for the purposes of this Chapter, be deemed to be an undertaking.

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