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treaty on the functioning of the european union

The Committee referred to in paragraph 1 shall annually ascertain that the operations of the Bank have been conducted and its books kept in a proper manner. 35.3. If it is decided, in accordance with the procedure set out in paragraph 2, to abrogate a derogation, the Council shall, acting with the unanimity of the Member States whose currency is the euro and the Member State concerned, on a proposal from the Commission and after consulting the European Central Bank, irrevocably fix the rate at which the euro shall be substituted for the currency of the Member State concerned, and take the other measures necessary for the introduction of the euro as the single currency in the Member State concerned. Within the limits and under the conditions adopted by the Council under the procedure laid down in Article 129(4), the European Central Bank shall be entitled to impose fines or periodic penalty payments on undertakings for failure to comply with obligations under its regulations and decisions. Their term of office shall be eight years and shall not be renewable. When the Treaties confer on the Union a competence shared with the Member States in a specific area, the Union and the Member States may legislate and adopt legally binding acts in that area. This reasoned opinion, as well as the reasoned opinions of the national Parliaments, will have to be submitted to the Union legislator, for consideration in the procedure: The ECB may hold and manage IMF reserve positions and SDRs and provide for the pooling of such assets. (ex Article 114 TEC) In the event of the Commission not submitting a proposal, it shall inform the Member States concerned of the reasons for not doing so. When, every three years, the Advocates-General are partially replaced, four Advocates-General shall be replaced on each occasion. WHEREAS the Charter contains both rights and principles. The provisions of the Chapter relating to rules on competition shall apply to production of and trade in agricultural products only to the extent determined by the European Parliament and the Council within the framework of Article 43(2) and in accordance with the procedure laid down therein, account being taken of the objectives set out in Article 39. The Council will substitute itself for the Executive Committee established by the Schengen agreements. 5. The provisions of Articles 2 to 5 shall be reviewed by the Council, by unanimous decision, after consulting the European Parliament and the Commission, when a common definition of origin for petroleum products from third countries and associated countries is adopted, or when decisions are taken within the framework of a common commercial policy for the products in question or when a common energy policy is established. Chapter 5 The Commission may, within the limits and under conditions laid down by the Council acting by a simple majority in accordance with the provisions of the Treaties, collect any information and carry out any checks required for the performance of the tasks entrusted to it. Where, in the cases provided for in the Treaties, a legislative act is submitted to the ordinary legislative procedure on the initiative of a group of Member States, on a recommendation by the European Central Bank, or at the request of the Court of Justice, paragraph 2, the second sentence of paragraph 6, and paragraph 9 shall not apply. The latter situation arises when the relevant EU institutions decide to repeal a legislative act, in particular better to ensure constant respect for the principles of subsidiarity and proportionality. DESIRING to encourage greater involvement of national Parliaments in the activities of the European Union and to enhance their ability to express their views on draft legislative acts of the Union as well as on other matters which may be of particular interest to them. 2. - Pitcairn, The Commission may attend all the meetings and shall, at its request, be heard. Union action shall aim to: Article 164 If it finds that there has been an infringement, it shall propose appropriate measures to bring it to an end. Article 11a (replaced) [33] | Articles 326 to 334 | Estonia | 165882000 | 1. The Court may, however, if it considers that circumstances so require, order that application of the contested act be suspended. - to require the Member State concerned to publish additional information, to be specified by the Council, before issuing bonds and securities, Article 6 Articles 6.1 and 6.2 shall be without prejudice to Article 138 of the Treaty on the Functioning of the European Union. Declaration by the Kingdom of the Netherlands on Article 355 of the Treaty on the Functioning of the European Union He may be re-elected. The European Parliament and the Council, acting by means of regulations in accordance with the ordinary legislative procedure, shall establish the necessary measures to this end, excluding any harmonisation of the laws and regulations of the Member States. [63] Replaced, in substance, by Article 300, paragraphs 3 and 4, TFEU. They therefore support the idea of a Conference of the Representatives of the Governments of the Member States, which should be convened as soon as possible. Sweden | 12 | Those Member States shall not impede its implementation by the participating Member States. Every person holding the nationality of a Member State shall be a citizen of the Union. This statement may be supplemented by specific assessments for each major area of Union activity. The other members of the group shall assist the Chair in all its responsibilities on the basis of a common programme. Declaration concerning the Protocol on the position of Denmark (ex Article 225 TEC) Protocol (No 37) on the financial consequences of the expiry of the ECSC Treaty and on the Research fund for Coal and Steel 1. Implementing regulations relating to the European Regional Development Fund shall be taken by the European Parliament and the Council, acting in accordance with the ordinary legislative procedure and after consulting the Economic and Social Committee and the Committee of the Regions. Notification pursuant to Article 4 shall be submitted no later than six months after the final adoption of a measure if this measure builds upon the Schengen acquis. Agreements concluded at Union level shall be implemented either in accordance with the procedures and practices specific to management and labour and the Member States or, in matters covered by Article 153, at the joint request of the signatory parties, by a Council decision on a proposal from the Commission. 2. In accordance with conditions laid down in the Rules of Procedure, the Court of Justice, having heard the Advocate-General and the parties, may dispense with the oral procedure. Compliance with these rules shall be subject to the control of independent authorities. The Council shall abrogate some or all of its decisions or recommendations referred to in paragraphs 6 to 9 and 11 to the extent that the excessive deficit in the Member State concerned has, in the view of the Council, been corrected. Environmental protection requirements must be integrated into the definition and implementation of the Union's policies and activities, in particular with a view to promoting sustainable development. Declaration by the Kingdom of Spain and the United Kingdom of Great Britain and Northern Ireland, 56. Persons having access to data covered by Union legislation imposing an obligation of secrecy shall be subject to such legislation. Article 134 | Article 85 [38] | In accordance with Article 127(1) and Article 282(2) of the Treaty on the Functioning of the European Union, the primary objective of the ESCB shall be to maintain price stability. Article 351 Article 1 Abstentions by members present in person or represented shall not prevent the adoption by the European Council of acts which require unanimity. Section 3 – The Commission | Section 4 – The Commission | The Governing Council may decide to make the outcome of its deliberations public. 4. 48.1. 2. The Conference notes that where a Member State has made a notification under Article 5(2) of the Protocol on the Schengen acquis integrated into the framework of the European Union that it does not wish to take part in a proposal or initiative, that notification may be withdrawn at any moment before the adoption of the measure building upon the Schengen acquis. RECALLING that the common security and defence policy of the Union does not prejudice the specific character of the security and defence policy of certain Member States, Each Member State shall provide the Council and the Commission with an annual report on the principal measures taken to implement its employment policy in the light of the guidelines for employment as referred to in paragraph 2. TITLE XXIV ADMINISTRATIVE COOPERATION TITLE V INTERNATIONAL AGREEMENTS (b) compulsory coordination of the various national market organisations; [69] Replaced, in substance by Article 55 TEU. The Commission shall publish annually, not later than one month before the opening of the session of the European Parliament, a general report on the activities of the Union. It shall be the duty of the Advocate-General, acting with complete impartiality and independence, to make, in open court, reasoned submissions on cases which, in accordance with the Statute of the Court of Justice of the European Union, require his involvement. They shall concern: 4. (i) decisions establishing common positions on issues of particular relevance for economic and monetary union within the competent international financial institutions and conferences (Article 138(1)); The capital may be increased by such amounts as may be decided by the Governing Council acting by the qualified majority provided for in Article 10.3, within the limits and under the conditions set by the Council under the procedure laid down in Article 41. 4. 4. 2. Decisions of the chambers consisting of either three or five Judges shall be valid only if they are taken by three Judges. Chapter 11 | Products of the milling industry; malt and starches; gluten; inulin | (a) the specific arrangements for the Union's possible participation in the control bodies of the European Convention; These rights shall be exercised in accordance with the conditions and limits defined by the Treaties and by the measures adopted thereunder. Article 25 Article 34 | Article 40 | 3. 2. The unanimity of the members of the Council, with the exception of the representative of the government of Denmark, shall be necessary for the acts of the Council which must be adopted unanimously. TOURISM All members of the Council may participate in its deliberations, but only members of the Council representing the Member States participating in enhanced cooperation shall take part in the vote. If the Court rejects the appeal, the decision of the Arbitration Committee shall become final. 3. The hearing in court shall be public, unless the Court of Justice, of its own motion or on application by the parties, decides otherwise for serious reasons. (c) promote energy efficiency and energy saving and the development of new and renewable forms of energy; and Subject to the other provisions of this paragraph, the Council shall, on a proposal from the Commission and after consulting the European Parliament, lay down detailed rules and definitions for the application of the provisions of the said Protocol. All Union activities under the Treaties in the area of research and technological development, including demonstration projects, shall be decided on and implemented in accordance with the provisions of this Title. The arrangements for Union cooperation may be the subject of agreements between the Union and the third parties concerned. 3. 4. These regulations shall also lay down the procedures for scrutiny of Europol's activities by the European Parliament, together with national Parliaments. TAKING INTO ACCOUNT the fact that Ireland and the United Kingdom of Great Britain and Northern Ireland do not participate in all the provisions of the Schengen acquis; that provision should, however, be made to allow those Member States to accept other provisions of this acquis in full or in part. The General Court shall have jurisdiction to hear and determine questions referred for a preliminary ruling under Article 267, in specific areas laid down by the Statute. This prohibition shall also apply to customs duties of a fiscal nature. If the Commission considers that the Member State concerned has not taken the necessary measures to comply with the judgment of the Court, it may bring the case before the Court after giving that State the opportunity to submit its observations. Decisions of the full Court shall be valid only if 15 Judges are sitting. When entering upon their duties they shall give a solemn undertaking that, both during and after their term of office, they will respect the obligations arising therefrom and in particular their duty to behave with integrity and discretion as regards the acceptance, after they have ceased to hold office, of certain appointments or benefits. - as from the date on which the number of governors reaches 22, the governors shall be allocated to three groups according to a ranking based on the above criteria. With a view to maintaining budgetary discipline, the Union shall not adopt any act which is likely to have appreciable implications for the budget without providing an assurance that the expenditure arising from such an act is capable of being financed within the limit of the Union's own resources and in compliance with the multiannual financial framework referred to in Article 312. Without prejudice to the application of other provisions of the Treaties, the European Parliament and the Council, acting in accordance with the ordinary legislative procedure, shall establish the measures necessary to achieve the objectives in paragraph 1. ANXIOUS to strengthen the unity of their economies and to ensure their harmonious development by reducing the differences existing between the various regions and the backwardness of the less favoured regions, Chapter 4 – The Committee of the Regions | Section 2 – The Committee of the Regions | 2. 3. [66] Replaced, in substance, by Article 47 TEU. The European Parliament, acting by means of regulations on its own initiative in accordance with a special legislative procedure after seeking an opinion from the Commission and with the consent of the Council, shall lay down the regulations and general conditions governing the performance of the duties of its Members. 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