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Document 11951K055

    Treaty establishing the European Coal and Steel Community - Title III - Economic and social provisions - Chapter 3 - Investment and Financial Aid - Article 55

    Legal status of the document No longer in force, Date of end of validity: 23/07/2002

    ELI: http://data.europa.eu/eli/treaty/ceca/art_55/sign

    11951K055

    Treaty establishing the European Coal and Steel Community - Title III - Economic and social provisions - Chapter 3 - Investment and Financial Aid - Article 55


    Treaty establishing the European Coal and Steel Community - Title III - Economic and social provisions - Chapter 3 - Investment and Financial Aid - Article 55

    1. The Commission shall promote technical and economic research relating to the production and increased use of coal and steel and to occupational safety in the coal and steel industries. To this end it shall organize all appropriate contacts among existing research bodies.

    2. After consulting the Consultative Committee, the Commission may initiate and facilitate such research:

    (a) by inducing joint financing by the undertakings concerned; or

    (b) by allotting for that purpose any funds received as gifts; or

    (c) with the assent of the Council, by allotting for that purpose funds derived from the levies provided for in Article 50; the limit laid down in paragraph 2 of that Article must not, however, be exceeded.

    The results of research financed as provided in subparagraphs (b) and (c) shall be made available to all concerned in the Community.

    3. The Commission shall deliver any opinions which serve to make technical improvements more widely known, particularly with regard to the exchange of patents and the granting of licences for using them.

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