11957E201

TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY, PART FIVE - INSTITUTIONS OF THE COMMUNITY, TITLE II - FINANCIAL PROVISIONS, ARTICLE 201


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Article 201

The Commission shall examine the conditions under which the financial contributions of Member States provided for in Article 200 could be replaced by the Community's own resources , in particular by revenue accruing from the common customs tariff when it has been finally introduced .

To this end , the Commission shall submit proposals to the Council .

After consulting the Assembly on these proposals the Council may , acting unanimously , lay down the appropriate provisions , which it shall recommend to the Member States for adoption in accordance with their respective constitutional requirements .