Treaty amending Certain Financial Provisions (22 July 1975)

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Treaty amending certain financial provisions of the Treaties establishing the European Communities and of the Treaty establishing a Single Council and a Single Commission of the European Communities. On 22 July 1975, in Brussels, the Member States of the Europe of the Nine sign this Treaty which provides for the establishment of a Court of Auditors and strengthens the European Parliament's budgetary powers. These reforms proved necessary following the implementation of the financial system of own resources, which established the financial autonomy of the European Communities.

Source and copyright

Source: Official Journal of the European Communities (OJEC). 31.12.1977, n° L 359. [s.l.]. ISSN 0378-6978. "Treaty amending certain financial provisions of the Treaties establishing the European Economic Communities and of the Treaty establishing a single Council and a single Commission of the European Communities", p. 1.

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