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Budgetary aspects of expiry
It has already been decided that ECSC Treaty will expire as scheduled
(on 23 July 2002) and that the coal and steel industries will be placed under
the ordinary regime set up by the Treaty establishing the European
As regards the destination of ECSC assets and their management, the
Member States have agreed that, when the Treaty expires, ownership of assets
and liabilities will revert to the Communities remaining, represented by the
Commission, and that ECSC property will be designated as the assets of the
"ECSC in liquidation".
The Member States have also stipulated that any changes to the purpose
for which the assets were provided must be subject to a unanimous decision on
their part. Regarding the organisation and financing of research activities,
guidelines have been adopted by the Member States.
For further information: