The fair value of a financial liability with a demand feature (eg a demand deposit) is not less than the amount payable on demand, discounted from the first date that the amount could be required to be paid.

Accordingly, the co-operative entity classifies as financial liabilities the maximum amount payable on demand under the redemption provisions.

1. As part of multilateral surveillance in accordance with Article 103 (3), the Council shall monitor the implementation of stability programmes, on the basis of information provided by participating Member States and of assessments by the Commission and the Committee set up by Article 109c, in particular with a view to identifying actual or expected significant divergence of the budgetary position from the medium-term budgetary objective, or the adjustment path towards it, as set in the programme for the government surplus/deficit.

Industry Following the agreements in principle reached at its meeting on 22 April 1994 (Industry), the Council gave its assent, as requested by the Commission: - under the second paragraph of Article 54 of the ECSC Treaty = for the co-financing of an investment project by LKAB, Lulea (Sweden) in Kiruna (Sweden), = to the granting of a global loan to BNL Credito Industriale SPA, - under the second paragraph of Article 54 of the ECSC Treaty, in respect of the South Yorkshire Passenger Transport Executive, - under Article 56(2)(a) of the ECSC Treaty, in respect of = Deutsche Genossenschaftsbank, Frankfurt = Westfalenbank AG, Bochum = Bancaja (Caja de Ahorros de Valencia) = Banco Herrero S.A (Spain) = Westdeutsche Landesbank Europe (France) = C ...[+++]rédit National (France) = Kredietbank S.A. = Efibanca SPA = Istituto Bancario San Paolo di Torina SPA = Kimberley Clark Ltd. Environment Following the substantive agreement reached at its meeting on 24 and 25 March 1994 (Environment), the Council adopted the Resolution on a Community strategy for integrated coastal-zone management (see Press Release 5795/94 Presse 50).

We suggest you recommend that the Government of Canada adopt a land claims agreements implementation policy that, one, acknowledges that modern treaties are constitutional documents and that the honour of the Crown demands that they be fully implemented; two, acknowledges that modern treaties are between Aboriginal signatories and the Crown and commits the whole government to comply with them; three, commits the Government of Canada to effective coordination to implement modern treaties; four, accepts the recommendation of the Auditor General of Canada in her reviews of the modern treaty implementation; five, ensures that the senior ...[+++]officials bring coordinated, government-wide perspectives to modern treaty implementation; six, incorporates independent reviews into implementation; seven, removes barriers in the budgetary system that impede implementation; eight, allows arbitration to resolve disputes; and nine, implements modern treaties to achieve public policy objectives.

Lastly, this transitional period would also allow the Commission to make gradual adjustments to certain provisions of the ECSC Treaty with the eventual aim of bringing the two industries in question under the Treaty of Rome.