- Budgetary treaties of the European Communities
Infobox Treaty
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name = Budgetary Treaty of 1970
long_name = Treaty amending Certain Budgetary Provisions of the Treaties establishing the European Communities and of the Treaty establishing a Single Council and a Single Commission of the European Communities
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date_draft =
date_signed =22 April 1970
location_signed = Luxembourg City,Luxembourg
date_sealed =
date_effective =1 January 1971
date_expiration =
signatories = The Six
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wikisource = Infobox Treaty
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name = Budgetary Treaty of 1975
long_name = Treaty amending Certain Financial Provisions of the Treaty establishing the European Communities and of the Treaty establishing a Single Council and a Single Commission of the European Communities
type =
date_draft =
date_signed =22 July 1975
location_signed =Brussels ,Belgium
date_sealed =
date_effective =1 June 1977
date_expiration =
signatories = All then-9 EC members
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wikisource = The Budgetary treaties of the European Communities were two treaties in the 1970s amending theTreaty of Rome in respects to powers over the Community budget.The first treaty, signed in 1970, gave the
European Parliament the last word on what is known as "non-compulsory expenditure" (compulsory spending is that resulting from EC treaties (including agriculture) and international agreements; the rest is non-compulsory). The the second treaty, signed in 1975, gave Parliament the power to reject the budget as a whole and created theEuropean Court of Auditors . However, the Council still has the last word on compulsory spending while Parliament has the last word on non-compulsory spending.cite web|title = Budgetary power|publisher=European Parliament|url=http://www.europarl.europa.eu/parliament/public/staticDisplay.do?id=46&pageRank=5&language=EN|accessdate = 2007-06-12 ] cite web|title = How is the budget decided?|publisher=European Parliament|url=http://ec.europa.eu/budget/budget_glance/how_decided_en.htm|accessdate = 2007-06-12 ]As a result of these treaties, the budgetary authority of what is now the
European Union is held jointly by theCouncil of the European Union and theEuropean Parliament . Parliament is responsible for discharging the implementation of previous budgets, on the basis of the annual report of theEuropean Court of Auditors . It has refused to approve the budget only twice, in 1984 and in 1998. On the latter occasion it led to the resignation of theSanter Commission .cite web | title=Budgetary control: 1996 discharge raises issue of confidence in the Commission | publisher =Europa (web portal) | date=1999 | url =http://www.europarl.europa.eu/election/bilan/en/pf1901en.htm | accessdate = 2007-10-15 ]ee also
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European Parliament#Budget References
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