HC Deb 24 October 1988 vol 139 cc40-1

1. The total amount of own resources assigned to the Communities may not exceed 1.20 per cent. of the total GNP of the Community for payment appropriations.

The total amount of own resources assigned to the Communities may not, for any of the years during the 1988–1992 period, exceed the following percentages of the total GNP of the Community for the year in question:

2. The commitment appropriations entered in the general budget of the Communities over the period 1988–1992 must follow an orderly progression resulting in a total amount which does not exceed 1.30 per cent. of the total GNP of the Community in 1992. A precise ratio between commitment appropriations and payment appropriations shall be maintained to guarantee their compatibility and to enable the ceiling mentioned in paragraph 1 to be observed in subsequent years.

3. The overall ceilings referred to in paragraphs 1 and 2 shall continue to apply until such time as this Decision is amended.

Forward to