Access to European Union law
<a href="https://eur-lex.europa.eu/content/help/eurlex-content/experimental-features.html" target="_blank">More about the experimental features corner</a>
Choose the experimental features you want to try
EUR-Lex
Access to European Union law

This document is an excerpt from the EUR-Lex website

You are here
Use quotation marks to search for an "exact phrase". Append an asterisk (*) to a search term to find variations of it (transp*, 32019R*). Use a question mark (?) instead of a single character in your search term to find variations of it (ca?e finds case, cane, care).
Search tips
Need more search options? Use the Advanced search

Document 11985I374

    DOCUMENTS CONCERNING THE ACCESSION OF THE KINGDOM OF SPAIN AND THE PORTUGUESE REPUBLIC TO THE EUROPEAN COMMUNITIES, ACT CONCERNING THE CONDITIONS OF ACCESSION OF THE KINGDOM OF SPAIN AND THE PORTUGUESE REPUBLIC AND THE ADJUSTMENTS TO THE TREATIES, ARTICLE 374

    ĠU L 302, 15.11.1985, p. 134 (DA, DE, EL, EN, FR, IT, NL)

    Legal status of the document In force

    ELI: http://data.europa.eu/eli/treaty/acc_1985/act_1/art_374/sign

    11985I374

    DOCUMENTS CONCERNING THE ACCESSION OF THE KINGDOM OF SPAIN AND THE PORTUGUESE REPUBLIC TO THE EUROPEAN COMMUNITIES, ACT CONCERNING THE CONDITIONS OF ACCESSION OF THE KINGDOM OF SPAIN AND THE PORTUGUESE REPUBLIC AND THE ADJUSTMENTS TO THE TREATIES, ARTICLE 374

    Official Journal L 302 , 15/11/1985 P. 0134


    ++++

    Article 374

    The amount of duties established under own resources accruing from value added tax or from financial contributions based upon the gross national product pursuant to Article 4 ( 1 ) to ( 5 ) of the Decision of 21 April 1970 shall be due in its entirety as from 1 January 1986 .

    The derogation referred to in point 15 of Article 15 of Sixth Council Directive 77/388/EEC shall not affect the amount of duties due under the first paragraph .

    The Community shall refund to the Portuguese Republic , as an item of expenditure under the general budget of the European Communities , during the month following its availability to the Commission , a proportion of the amount of payments under own resources accruing from value added tax or from financial contributions based on the gross national product in accordance with the following procedure :

    - 87 % in 1986 ,

    - 70 % in 1987 ,

    - 55 % in 1988 ,

    - 40 % in 1989 ,

    - 25 % in 1990 ,

    - 5 % in 1991 .

    The percentage of this graduated refund shall not apply to the amount corresponding to the share borne by Portugal in financing the deduction provided for in Article 3 ( 3 ) ( b ) , ( c ) and ( d ) of the Council Decision of 7 May 1985 on the Communities' system of own resources , in favour of the United Kingdom .

    Top