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Document 11994N/PRO/04
ACT concerning the conditions of accession of the Kingdom of Norway, the Republic of Austria, the Republic of Finland and the Kingdom of Sweden and the adjustments to the Treaties on which the European Union is founded, Protocol No 4 - on the petroleum sector in Norway
ACT concerning the conditions of accession of the Kingdom of Norway, the Republic of Austria, the Republic of Finland and the Kingdom of Sweden and the adjustments to the Treaties on which the European Union is founded, Protocol No 4 - on the petroleum sector in Norway
ACT concerning the conditions of accession of the Kingdom of Norway, the Republic of Austria, the Republic of Finland and the Kingdom of Sweden and the adjustments to the Treaties on which the European Union is founded, Protocol No 4 - on the petroleum sector in Norway
Úř. věst. C 241, 29.8.1994, p. 353
(ES, DA, DE, EL, EN, FR, IT, NL, PT)
No longer in force, Date of end of validity: 01/01/1995
ELI: http://data.europa.eu/eli/treaty/acc_1994/act_1/pro_4/sign
- Date of document:
- 24/06/1994
- Date of effect:
- Viz 395D0001
- Date of end of validity:
- 01/01/1995; Viz 395D0001
- Author:
- Dvanáct členských států: Belgie, Dánsko, Německo, Irsko, Řecko, Španělsko, Francie, Itálie, Lucembursko, Nizozemsko, Portugalsko, Spojené království, Finsko, Norsko, Rakousko, Švédsko
- Form:
- Protokol
- Authentic language:
- španělština, dánština, němčina, řečtina, angličtina, francouzština, irština, italština, nizozemština, portugalština, finština, švédština, norština
- Treaty:
- Smlouva o Evropské unii
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- Modified by:
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Relation Act Comment Subdivision concerned From To Modified by 32000R2012 Změna příloha 4 26/09/2000 - Instruments cited:
- Link
- Subject matter:
11994N/PRO/04
ACT concerning the conditions of accession of the Kingdom of Norway, the Republic of Austria, the Republic of Finland and the Kingdom of Sweden and the adjustments to the Treaties on which the European Union is founded, Protocol No 4 - on the petroleum sector in Norway
Official Journal C 241 , 29/08/1994 P. 0353
Protocol No 4 on the petroleum sector in Norway THE HIGH CONTRACTING PARTIES, RECOGNIZING the major impact of the petroleum sector on the Norwegian economy and the development of its society, HAVE AGREED as follows: THEY TAKE NOTE that the EC Treaty in no way prejudices the rules in Member States governing the system of property ownership; THEY RECALL that Member States have sovereignty and sovereign rights over petroleum resources; THEY RECOGNIZE to this effect that Member States have: (a) the right to State participation in petroleum activities and to appoint a legal entity to manage that participation; (b) exclusive rights to resource management, inter alia exploration and exploitation policies, the optimalization of development and production and the rate at which petroleum resources may be depleted or otherwise exploited; (c) exclusive rights to specify and levy taxes, royalties or other financial payments payable by virtue of such exploration and exploitation, and REAFFIRM that the exercise of such rights by Member States must be in accordance with the Treaties and the other provisions of Community law.
