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Treaty of the European Union, Maastricht Treaty, 7th February, 1992

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Author: European Union
Published: 1992
Language: English
Wordcount: 60,505 / 196 pg
Flesch-Kincaid Reading Ease: 40.4
LoC Category: KJ
Downloads: 776
Added to site: 2008.08.17
mnybks.net#: 21745
Origin: gutenberg.org
Excerpt

OF JUSTICE, - a COURT OF AUDITORS. Each institution shall act within the limits of the powers conferred upon it by this Treaty. 2. The Council and the Commission shall be assisted by an Economic and Social Committee and a Committee of the Regions acting in an advisory capacity." 7) The following Articles shall be inserted: "ARTICLE 4a A European System of Central Banks (hereinafter referred to as "ESCB") and a European Central Bank (hereinafter referred to as "ECB") shall be established in accordance with the procedures laid down in this Treaty; they shall act within the limits of the powers conferred upon them by this Treaty and by the Statute of the ESCB and of the ECB (hereinafter referred to as "Statute of the ESCB") annexed thereto. ARTICLE 4b A European Investment Bank is hereby established, which shall act within the limit of the powers conferred upon it by this Treaty and the Statute annexed thereto." 8) Article 6 shall be deleted and Article 7 shall become Article 6. Its second paragraph shall be rep

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