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Establishing the European Community




10 EMU third stage

 

THE HIGH CONTRACTING PARTIES

 

Declare the irreversible character of the Communitys movement to the third stage of Economic and Monetary Union by signing the new Treaty provisions on Economic and Monetary Union.

Therefore all Member States shall, whether they fulfil the necessary conditions for the adoption of a single currency or not, respect the will for the Community to enter swiftly into the third stage, and therefore no Member State shall prevent the entering into the third stage.

If by the end of 1997 the date of the beginning of the third stage has not been set, the Member States concerned, the Community institutions and other bodies involved shall expedite all preparatory work during 1998, in order to enable the Community to enter into the third stage irrevocably on 1 January 1999 and to enable the ECB and ESCB to start their full functioning from this date.

This Protocol shall be annexed to the Treaty establishing the European Community.

 

11 EMU and UK

 

THE HIGH CONTRACTING PARTIES,

 

RECOGNIZING that the United Kingdom shall not be obliged or committed to move to the third stage of economic and monetary union without a separate decision to do so by its government and Parliament,

 

NOTING the practice of the government of the United Kingdom to fund its borrowing requirement by the sale of debt to the private sector.

 

HAVE AGREED on the following provisions, which shall be annexed to the Treaty establishing the European Community:

1. The United Kingdom shall notify the Council whether it intends to move to the third stage before the Council makes its assessment under Article 109j(2) of this Treaty;

 

Unless the United Kingdom notifies the Council that it intends to move to the third stage, it shall be under no obligation to do so.

If no date is set for the beginning of the third stage under Article l09j(3) of this Treaty, the United Kingdom may notify its intention to move to the third stage before 1 January 1998.

 

2. Paragraphs 3 to 9 shall have effect if the United Kingdom notifies the Council that it does not intend to move to the third stage.

 

3. The United Kingdom shall not be included among the majority of Member States which fulfil the necessary conditions referred to in the second indent of Article l09j(2) and the first indent of Article 109j(3) of this Treaty.

 

4. The United Kingdom shall retain its powers in the field of monetary policy according to national law.

5. Articles 3a (2), l04c(l), (9) and (11), 105(1) to (5), 105a, 107, 108, l08a, 109, 109a(l) and (2)(b) and 1091(4) and (5) of this Treaty shall not apply to the United Kingdom. In these provisions references to the Community or the Member States shall not include the United Kingdom and references to national central banks shall not include the Bank of England.

 

6. Articles 109e (4) and 109h and i of this Treaty shall continue to apply to the United Kingdom. Articles l09c(4) and 109m shall apply to the United Kingdom as if it had a derogation.

 

7. The voting rights of the United Kingdom shall be suspended in respect of acts of the Council referred to in Articles listed in paragraph 5. For this purpose the weighted votes of the United Kingdom shall be excluded from any calculation of a qualified majority under Article 109k(5) of this Treaty.

The United Kingdom shall also have no right to participate in the appointment of the President, the Vice-President and the other members of the Executive Board of the ECB under Articles 109a(2)(b) and 1091(1) of this Treaty.

 

8. Articles 3, 4, 6, 7, 9.2, 10.1, 10.3, 11.2, 12.1, 14, 16, 18 to 20, 22, 23, 26, 27, 30 to 34, 50 and 52 of the Protocol on the Statute of the European System of Central Banks and of the European Central Bank (the Statute) shall not apply to the United Kingdom.

 

XXX. TranslateintoEnglish:

- , , , , ; , , , 16 .

 

XXXI. Complete the following final provisions of a convention.

Final Provisions

1. The present Convention shall be _______ and shall __________ on _________following ________ which shall take place in _________.

 

2.The Convention shall _________ until _________.

In _________ the Plenipotentiaries of _________ have ________

DONE AT ________ on ________ in _______, each in ________ both texts _________

 

XXXII. Write a) the preamble and b) the final provisions of a consular convention using the in formation below. See tables 1 to 9.

a) The Contracting Parties: the Republic of... and the Republic of...

Subject Matter: Both Sides are desirous of regulating consular relations in the interests of further developing cooperation and strengthening the existing friendly relations between the two States. They decide to conclude a consular Convention which envisages the establishment of consulates, appointment of consular officers and employees.

 

b) Ratification: subject to ratification

Entry into Force: on the thirtieth day following the exchange of instruments of ratification.

Place of Ratification: ___________

Denunciation: by written notification of either Contracting Party

Place of Signature: ___________

Date: 19 November 19__

Authentic texts: English and Spanish.

 


Table 1


The Preamble

The States Parties to this Convention (Treaty, etc.),

Aware of,

Considering that,

 

Mindful of,

Recognizing,

 

Reaffirming...,

 

Taking into account etz.

AGREE as follows:
The Signatories to this Convention (Treaty, etc.). AGREE UPON the following articles:
The (High) Contract ing Parties, HEREBY AGREE as hereinafter provided:
The Government of... and the Government of..., hereinafter referred to as the Parties, HAVE AGREED as follows

 

Table 2

Articles

Undertaking Commitments

 

 

The High Contracting Parties

 

The States Parties to this (the present) Convention (Treaty,

undertake to
(+ inf.)

contribute to peace and security  
encourage cooperation among nations  
maintain and diffuse knowledge  
promote the acceptance and observance of the policy  
abide by the provisions of the present Convention  

undertake not to (+ inf.)

assume any international obligations which would conflict with this Treaty  
circumvent the provisions of the present Convention  
use force or threat of force in international relations  
intervene in the internal affairs of other States  
manufacture or stockpile nuclear weapons

 

Table 3

Final Provisions

Signature

 

This (The
present)
Convention
(Treaty, etc.)

 

 

Shall

 





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