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Document 11957A054
TREATY ESTABLISHING THE EUROPEAN ATOMIC ENERGY COMMUNITY ( E.A.E.C. - EURATOM ), TITLE TWO - PROVISIONS FOR THE ENCOURAGEMENT OF PROGRESS IN THE FIELD OF NUCLEAR ENERGY, CHAPTER VI: SUPPLIES, SECTION I: THE AGENCY, ARTICLE 54
TREATY ESTABLISHING THE EUROPEAN ATOMIC ENERGY COMMUNITY ( E.A.E.C. - EURATOM ), TITLE TWO - PROVISIONS FOR THE ENCOURAGEMENT OF PROGRESS IN THE FIELD OF NUCLEAR ENERGY, CHAPTER VI: SUPPLIES, SECTION I: THE AGENCY, ARTICLE 54
TREATY ESTABLISHING THE EUROPEAN ATOMIC ENERGY COMMUNITY ( E.A.E.C. - EURATOM ), TITLE TWO - PROVISIONS FOR THE ENCOURAGEMENT OF PROGRESS IN THE FIELD OF NUCLEAR ENERGY, CHAPTER VI: SUPPLIES, SECTION I: THE AGENCY, ARTICLE 54
In force
11957A054
TREATY ESTABLISHING THE EUROPEAN ATOMIC ENERGY COMMUNITY ( E.A.E.C. - EURATOM ), TITLE TWO - PROVISIONS FOR THE ENCOURAGEMENT OF PROGRESS IN THE FIELD OF NUCLEAR ENERGY, CHAPTER VI: SUPPLIES, SECTION I: THE AGENCY, ARTICLE 54
++++ ARTICLE 54 THE AGENCY SHALL HAVE LEGAL PERSONALITY AND FINANCIAL AUTONOMY . THE COUNCIL SHALL LAY DOWN THE STATUTES OF THE AGENCY , ACTING BY A QUALIFIED MAJORITY ON A PROPOSAL FROM THE COMMISSION . THE STATUTES MAY BE AMENDED IN ACCORDANCE WITH THE SAME PROCEDURE . THE STATUTES SHALL DETERMINE THE AGENCY'S CAPITAL AND THE TERMS UPON WHICH IT IS TO BE SUBSCRIBED . THE MAJOR PART OF THE CAPITAL SHALL ALWAYS BELONG TO THE COMMUNITY AND TO THE MEMBER STATES . THE CONTRIBUTIONS TO THE CAPITAL SHALL BE DETERMINED BY COMMON ACCORD OF THE MEMBER STATES . THE RULES FOR THE COMMERCIAL MANAGEMENT OF THE ACTIVITIES OF THE AGENCY SHALL BE LAID DOWN IN THE STATUTES . THE LATTER PROVIDE FOR A CHARGE ON TRANSACTIONS TO DEFRAY THE OPERATING EXPENSES OF THE AGENCY .