11979H054

DOCUMENTS CONCERNING THE ACCESSION OF THE HELLENIC REPUBLIC TO THE EUROPEAN COMMUNITIES, ACT CONCERNING THE CONDITIONS OF ACCESSION OF THE HELLENIC REPUBLIC AND THE ADJUSTMENTS TO THE TREATIES, PART FOUR TRANSITIONAL MEASURES, TITLE III FREE MOVEMENT OF PERSONS, SERVICES AND CAPITAL, CHAPTER 2 CAPITAL MOVEMENTS AND INVISIBLE TRANSACTIONS, SECTION II INVISIBLE TRANSACTIONS, ARTICLE 54

Official Journal L 291 , 19/11/1979 P. 0029


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ARTICLE 54

1 . THE HELLENIC REPUBLIC MAY , UNTIL 31 DECEMBER 1985 AND UNDER THE CONDITIONS SET OUT IN PARAGRAPH 2 , MAINTAIN RESTRICTIONS ON TRANSFERS RELATING TO TOURISM .

2 . ON 1 JANUARY 1981 , THE ANNUAL TOURIST ALLOWANCE PER PERSON MAY NOT BE LESS THAN 400 EUROPEAN UNITS OF ACCOUNT .

FROM 1 JANUARY 1982 , THIS ALLOWANCE SHALL BE INCREASED EACH YEAR BY AT LEAST 20 % IN RELATION TO THE ANNUAL AMOUNT FIXED FOR 1981 .