EUR-Lex - 31979D0467 - EN

ARTICLE 1

THE COUNCIL CLOSES THE REVENUE AND EXPENDITURE ACCOUNT OF THE DEVELOPMENT FUND FOR THE OVERSEAS COUNTRIES AND TERRITORIES ( FIRST FUND ) AS AT 31 DECEMBER 1977 AS FOLLOWS :

REVENUE AT THE SUM OF 581 250 000.00 EUROPEAN UNITS OF ACCOUNT ,

EXPENDITURE ( PAYMENTS ) AT THE SUM OF 567 472 604.65 EUROPEAN UNITS OF ACCOUNT .

ARTICLE 2

THE COUNCIL HEREBY GIVES A DISCHARGE TO THE COMMISSION IN RESPECT OF THE IMPLEMENTATION OF THE OPERATIONS OF THE DEVELOPMENT FUND FOR THE OVERSEAS COUNTRIES AND TERRITORIES ( FIRST FUND ) FOR THE FINANCIAL YEAR 1977 .

DONE AT BRUSSELS , 8 MAY 1979 .

FOR THE COUNCIL

THE PRESIDENT

P . BERNARD-REYMOND