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Document 02003D0076-20210811
Council Decision of 1 February 2003 establishing the measures necessary for the implementation of the Protocol, annexed to the Treaty establishing the European Community, on the financial consequences of the expiry of the ECSC Treaty and on the Research Fund for Coal and Steel (2003/76/EC)
Consolidated text: Council Decision of 1 February 2003 establishing the measures necessary for the implementation of the Protocol, annexed to the Treaty establishing the European Community, on the financial consequences of the expiry of the ECSC Treaty and on the Research Fund for Coal and Steel (2003/76/EC)
Council Decision of 1 February 2003 establishing the measures necessary for the implementation of the Protocol, annexed to the Treaty establishing the European Community, on the financial consequences of the expiry of the ECSC Treaty and on the Research Fund for Coal and Steel (2003/76/EC)
02003D0076 — EN — 11.08.2021 — 002.001
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COUNCIL DECISION of 1 February 2003 establishing the measures necessary for the implementation of the Protocol, annexed to the Treaty establishing the European Community, on the financial consequences of the expiry of the ECSC Treaty and on the Research Fund for Coal and Steel (OJ L 029 5.2.2003, p. 22) |
Amended by:
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Official Journal |
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No |
page |
date |
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L 101 |
1 |
20.4.2018 |
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L 261 |
54 |
22.7.2021 |
COUNCIL DECISION
of 1 February 2003
establishing the measures necessary for the implementation of the Protocol, annexed to the Treaty establishing the European Community, on the financial consequences of the expiry of the ECSC Treaty and on the Research Fund for Coal and Steel
(2003/76/EC)
Article 1
The Commission shall write off claims, even before exhausting all the said remedies, in the following cases:
where the foreseeable cost of recovery would exceed the amount to be recovered and the write-off would not harm the image of the Union;
where the claim cannot be recovered in view of the insolvency of the debtor, or of any other insolvency proceedings;
where recovery is inconsistent with the principle of proportionality.
Article 2
Article 3
These financial statements shall be annexed to the financial statements drawn up by the Commission annually under Article 318 TFEU and Regulation (EU, Euratom) 2018/1046 of the European Parliament and of the Council ( 1 ) (‘the Financial Regulation’).
The powers of the European Parliament, the Council and the Court of Auditors concerning control and discharge as set out in the Treaty on the Functioning of the European Union and in the Financial Regulation shall apply to the operations referred to in paragraph 1.
Article 4
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Article 4a
The amount corresponding to cancellations of commitments made since 24 July 2002 pursuant to Article 4(5) shall be made available to the Research Fund for Coal and Steel on 10 May 2018.
Article 5
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Article 6
Administrative expenditure resulting from liquidation, investment and management operations referred to in this Decision, corresponding to the expenditure laid down in Article 20 of the Treaty establishing a Single Council and a Single Commission of the European Communities of 8 April 1965, the amount of which was adjusted by the Council Decision of 21 November 1977, shall be met by the Commission from the general budget of the European Union.
Article 7
The Commission shall determine the amount of the assets and liabilities of the ECSC in a balance sheet closed at 23 July 2002.
Article 8
This Decision shall take effect on the day following that of its publication in the Official Journal of the European Union.
It shall apply from 24 July 2002.
Article 9
This Decision is addressed to the Member States.
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( 1 ) Regulation (EU, Euratom) 2018/1046 of the European Parliament and of the Council of 18 July 2018 on the financial rules applicable to the general budget of the Union, amending Regulations (EU) No 1296/2013, (EU) No 1301/2013, (EU) No 1303/2013, (EU) No 1304/2013, (EU) No 1309/2013, (EU) No 1316/2013, (EU) No 223/2014, (EU) No 283/2014, and Decision No 541/2014/EU and repealing Regulation (EU, Euratom) No 966/2012 (OJ L 193, 30.7.2018, p. 1).