Definition and Objectives Of The Union
Table of Contents
Title 1: Transitional Provisions On The European Investment Bank
Article 38
The Kingdom of Spain shall pay the amount of EUR 309 686 775 as its share of the capital paid in for the subscribed capital increase. This contribution shall be paid in eight equal instalments falling due on 30 September 2004, 30 September 2005, 30 September 2006, 31 March 2007, 30 September 2007, 31 March 2008, 30 September 2008 and 31 March 2009.
The Kingdom of Spain shall contribute, in eight equal instalments falling due on those dates, to the reserves and provisions equivalent to reserves, as well as to the amount still to be appropriated to the reserves and provisions, comprising the balance of the profit and loss account, established at the end of the month of April 2004, as entered on the balance sheet of the Bank, in amounts corresponding to 4,1292 % of the reserves and provisions.
Part IV
Article 39
From 1 May 2004, the new Member States shall pay the following amounts corresponding to their share of the capital paid in for the subscribed capital as defined in Article 4 of the Statute of the European Investment Bank. Poland
EUR 170 563 175 Czech Republic EUR 62 939 275 Hungary EUR 59 543 425 Slovakia EUR 21 424 525 Slovenia EUR 19 890 750 Lithuania EUR 12 480 875 Cyprus EUR 9 169 100 Latvia EUR 7 616 750 Estonia EUR 5 882 000 Malta EUR 3 490 200
These contributions shall be paid in eight equal instalments falling due on 30 September 2004, 30 September 2005, 30 September 2006, 31 March 2007, 30 September 2007, 31 March 2008, 30 September 2008 and 31 March 2009.
Article 40
The new Member States shall contribute, in eight equal instalments falling due on the dates referred to in Article 39, to the reserves and provisions equivalent to reserves, as well as to the amount still to be appropriated to the reserves and provisions, comprising the balance of the profit and loss account, established at the end of the month of April 2004, as entered on the balance sheet of the European Investment Bank, in amounts corresponding to the following percentages of the reserves and provisions:
Poland 2,2742 % Czech Republic 0,8392 % Hungary 0,7939 % Slovakia 0,2857 % Slovenia 0,2652 % Lithuania 0,1664 % Cyprus 0,1223 % Latvia 0,1016 % Estonia 0,0784 %
Malta 0,0465 %
Article 41
The capital and payments provided for in Articles 38, 39 and 40 shall be paid in by the Kingdom of Spain and the new Member States in cash in euro, save by way of derogation decided unanimously by the Board of Governors.