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Document 11957A057

    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 II: ORES, SOURCE MATERIALS AND SPECIAL FISSILE MATERIALS COMING FROM INSIDE THE COMMUNITY, ARTICLE 57

    Legal status of the document In force

    ELI: http://data.europa.eu/eli/treaty/euratom/art_57/sign

    11957A057

    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 II: ORES, SOURCE MATERIALS AND SPECIAL FISSILE MATERIALS COMING FROM INSIDE THE COMMUNITY, ARTICLE 57


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    ARTICLE 57

    1 . THE RIGHT OF OPTION OF THE AGENCY SHALL COVER :

    ( A ) THE ACQUISITION OF RIGHTS TO USE AND CONSUME MATERIALS OWNED BY THE COMMUNITY UNDER THE PROVISIONS OF CHAPTER VIII ;

    ( B ) THE ACQUISITION OF THE RIGHT OF OWNERSHIP IN ALL OTHER CASES .

    2 . THE AGENCY SHALL EXERCISE ITS RIGHT OF OPTION BY CONCLUDING CONTRACTS WITH PRODUCERS OF ORES , SOURCE MATERIALS AND SPECIAL FISSILE MATERIALS .

    SUBJECT TO ARTICLES 58 , 62 AND 63 , EVERY PRODUCER SHALL OFFER TO THE AGENCY THE ORES , SOURCE MATERIALS OR SPECIAL FISSILE MATERIALS WHICH HE PRODUCES WITHIN THE TERRITORIES OF MEMBER STATES BEFORE THEY ARE USED , TRANSFERRED OR STORED .

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