94/375/EC: Council Decision of 6 June 1994 on Community membership of the European Investment Fund

The Community, represented by the Commission, shall hereby become a member of the European Investment Fund.

The Commission shall keep the Council informed of the work of the bodies of the European Investment Fund. In particular, the Commission shall notify the Council, as soon as it can, of matters to be discussed at the Fund's General Meeting. The Council may, at the request of a Member State or of the Commission, examine those matters. Without prejudice to Article 3, the Commission shall take account of the outcome of that examination when it adopts a position on those matters in the Fund's General Meeting.

The position of the Community on a possible increase in the capital of the Fund and on its participation in that increase shall be decided unanimously by the Council, acting on a proposal from the Commission and after consulting the European Parliament.