TREATY ESTABLISHING THE EUROPEAN COMMUNITY - TITLE VI : ECONOMIC AND MONETARY POLICY - CHAPTER 1 : ECONOMIC POLICY - ARTICLE 104B /* CODIFIED VERSION OF THE TREATY ESTABLISHING THE EUROPEAN COMMUNITY */
Official Journal C 224 , 31/08/1992 P. 0034
Article 104b 1. The Community shall not be liable for or assume the commitments of central governments, regional, local or other public authorities, other bodies governed by public law, or public undertakings of any Member State, without prejudice to mutual financial guarantees for the joint execution of a specific project. A Member State shall not be liable for or assume the commitments of central governments, regional, local or other public authorities, other bodies governed by public law or public undertakings of another Member State, without prejudice to mutual financial guarantees for the jont execution of a specific project. 2. If necessary, the Council, acting in accordance with the procedure referred to in Article 189c, may specify definitions for the application of the prohibition referred to in Article 104 and in this Article.