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Council Regulation (EEC, Euratom) No 3308/80 of 16 December 1980 on the replacement of the European unit of account by the ECU in Community legal instruments

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CELEX:  31980R3308

Whereas Regulation (EEC) No 3180/78 (3) defined a new unit of account, known as the ECU; Whereas steps should be taken to standardize the units of account used by the Communities ; whereas the European unit of account (EUA) should, therefore, be replaced by the ECU in all Community legal instruments; Whereas a provision should be included in order, when the EUA is replaced by the ECU, to safeguard rights and obligations contracted in European units of account, HAS ADOPTED THIS DECISION: