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Document 11957A173

TREATY ESTABLISHING THE EUROPEAN ATOMIC ENERGY COMMUNITY ( E.A.E.C. - EURATOM ), TITLE FOUR - FINANCIAL PROVISIONS, ARTICLE 173

Legal status of the document No longer in force, Date of end of validity: 30/11/2009; Repealed by 12007L/PRO/B/02

ELI: http://data.europa.eu/eli/treaty/euratom/art_173/sign

11957A173

TREATY ESTABLISHING THE EUROPEAN ATOMIC ENERGY COMMUNITY ( E.A.E.C. - EURATOM ), TITLE FOUR - FINANCIAL PROVISIONS, ARTICLE 173


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ARTICLE 173

THE FINANCIAL CONTRIBUTIONS OF MEMBER STATES PROVIDED FOR IN ARTICLE 172 MAY BE REPLACED IN WHOLE OR IN PART BY THE PROCEEDS OF LEVIES COLLECTED BY THE COMMUNITY IN MEMBER STATES .

TO THIS END , THE COMMISSION SHALL SUBMIT TO THE COUNCIL PROPOSALS CONCERNING THE ASSESSMENT OF SUCH LEVIES , THE METHOD OF FIXING THEIR RATE AND THE PROCEDURE FOR THEIR COLLECTION .

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 .

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