EUR-Lex - 31979D0468 - EN

ARTICLE 1

THE COUNCIL CLOSES THE REVENUE AND EXPENDITURE ACCOUNT OF THE EUROPEAN DEVELOPMENT FUND ( 1963 ) ( SECOND EDF ) AS AT 31 DECEMBER 1977 AS FOLLOWS :

REVENUE AT THE SUM OF 740 754 947.61 EUROPEAN UNITS OF ACCOUNT ,

EXPENDITURE ( PAYMENTS ) AT THE SUM OF 714 423 954.77 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 EUROPEAN DEVELOPMENT FUND ( 1963 ) ( SECOND EDF ) FOR THE FINANCIAL YEAR 1977 .

DONE AT BRUSSELS , 8 MAY 1979 .

FOR THE COUNCIL

THE PRESIDENT

P . BERNARD-REYMOND