EUR-Lex Access to European Union law

Back to EUR-Lex homepage

This document is an excerpt from the EUR-Lex website

Document 11951K005

Treaty establishing the European Coal and Steel Community - Title I - The European Coal and Steel Community - Article 5

No longer in force, Date of end of validity: 23/07/2002

ELI: http://data.europa.eu/eli/treaty/ceca/art_5/sign

11951K005

Treaty establishing the European Coal and Steel Community - Title I - The European Coal and Steel Community - Article 5


Treaty establishing the European Coal and Steel Community - TITLE I - The European Coal and Steel Community - Article 5

The Community shall carry out its task in accordance with this Treaty, with a limited measure of intervention.

To this end the Community shall:

- provide guidance and assistance for the parties concerned, by obtaining information, organizing consultations and laying down general objectives;

- place financial resources at the disposal of undertakings for their investment and bear part of the cost of readaptation;

- ensure the establishment, maintenance and observance of normal competitive conditions and exert direct influence upon production or upon the market only when circumstances so require;

- publish the reasons for its actions and take the necessary measures to ensure the observance of the rules laid down in this Treaty.

The institutions of the Community shall carry out these activities with a minimum of administrative machinery and in close cooperation with the parties concerned.

Top