|
|
The Treaty of the European Union: Maastricht Treaty, 7 February 1992
Contents:
ARTICLE 51
Derogation from Article 32
51.1. If, after the start of the third stage, the Governing Council decides that the application of Article 32 results in significant changes in national central banks’ relative income positions, the amount of income to allocated pursuant to Article 32 shall be reduced by a uniform percentage which shall not exceed 60% in the first financial year after the start of the third stage and which shall decrease by at least 12 percentage points in each subsequent financial year.
51.2. Article 51.1. shall be applicable for not more than five financial years after the start of the third stage.
Contents:
Chicago: European Union, "Article 51 Derogation from Article 32," The Treaty of the European Union: Maastricht Treaty, 7 February 1992, ed. Symons, Arthur, 1865-1945 and trans. Elwes, R. H. M. (Robert Harvey Monro), 1853- in The Treaty of the European Union: Maastricht Treaty, 7 February 1992 (London: Smith, Elder & Co., November 1909 - December 1910 (14 issues)), Original Sources, accessed March 24, 2025, http://www.originalsources.com/Document.aspx?DocID=4X43QLGUYJLMLIK.
MLA: European Union. "Article 51 Derogation from Article 32." The Treaty of the European Union: Maastricht Treaty, 7 February 1992, edited by Symons, Arthur, 1865-1945, and translated by Elwes, R. H. M. (Robert Harvey Monro), 1853-, in The Treaty of the European Union: Maastricht Treaty, 7 February 1992, Vol. Volume One, London, Smith, Elder & Co., November 1909 - December 1910 (14 issues), Original Sources. 24 Mar. 2025. http://www.originalsources.com/Document.aspx?DocID=4X43QLGUYJLMLIK.
Harvard: European Union, 'Article 51 Derogation from Article 32' in The Treaty of the European Union: Maastricht Treaty, 7 February 1992, ed. and trans. . cited in November 1909 - December 1910 (14 issues), The Treaty of the European Union: Maastricht Treaty, 7 February 1992, Smith, Elder & Co., London. Original Sources, retrieved 24 March 2025, from http://www.originalsources.com/Document.aspx?DocID=4X43QLGUYJLMLIK.
|