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Document 11992E071

TREATY ESTABLISHING THE EUROPEAN COMMUNITY
PART THREE : COMMUNITY POLICIES
TITLE III : FREE MOVEMENT OF PERSONS, SERVICES AND CAPITAL
CHAPTER 4 : CAPITAL AND PAYMENTS
ARTICLE 71

/* CODIFIED VERSION OF THE TREATY ESTABLISHING THE EUROPEAN COMMUNITY */

Legal status of the document In force

ELI: http://data.europa.eu/eli/treaty/tec_1992/art_71/oj

11992E071

TREATY ESTABLISHING THE EUROPEAN COMMUNITY - PART THREE : COMMUNITY POLICIES - TITLE III : FREE MOVEMENT OF PERSONS, SERVICES AND CAPITAL - CHAPTER 4 : CAPITAL AND PAYMENTS - ARTICLE 71 /* CODIFIED VERSION OF THE TREATY ESTABLISHING THE EUROPEAN COMMUNITY */

Official Journal C 224 , 31/08/1992 P. 0025


Article 71

Member States shall endeavour to avoid introducing within the Community any new exchange restrictions on the movement of capital and curent payments connected with such movements, and shall endeavour not to make existing rules more restrictive.

They declare their readiness to go beyond the degree of liberalization of capital movements provided for in the preceding Articles in sa far as their economic situation, in particular the situation of their balance of payments, so permits.

The Commission may, after consulting the Monetary Committee, make recommendations to Member States on this subject.

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