15.2.92 Official Journal of the European Communities No L 40/1 (Acts whose publication is not obligatory) COUNCIL COUNCIL DECISION of 16 December 1991 adopting the general regulations, general conditions and procedural rules on conciliation and arbitration for works, supply and service contracts financed by the European Development Fund (EDF) concerning their application in the association of the overseas countries and territories with the European Economic Community (92/97/EEC) THE COUNCIL OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, and in particular Article 136 thereof, Having regard to the Council Decision 91/482/EEC of 25 July 1991 on the association of the overseas countries and territories (OCT) with the European Economic Community (*), and in particular Articles 211,212 and 213 thereof, Having regard to the proposal from the Commission, Whereas it is necessary to adopt the general regulations and general conditions governing works, supply and service contracts financed from the resources of the European Development Fund (EDF), administered by the Commission, hereinafter referred to as ‘the resources of the Fund’; Whereas it is necessary to adopt procedural rules on conciliation and arbitration of contracts financed from the resources of the Fund; Whereas the Council, by adopting this Decision, has paid particular regard to similar documents adopted for the use of ‘funds’ from the EDF in the African, Caribbean and Pacific States, () OJ NoL 263,19.9.1991,p. 1. HAS DECIDED AS FOLLOWS: Article 1 The general regulations for works, supply and service contracts financed by the Fund resources in the overseas countries and territories (OCT), appearing in Annex I, shall apply to the preparation and award of contracts financed by the EDF. The performance of contracts financed from the resources of the Fund shall, except as otherwise provided in Article 212 (b) of Decision 91/482/EEC, be governed by: — the general conditions for works contracts financed by - the EDF in the OCT appearing in Annex II, — the general conditions for supply contracts financed by the EDF in the OCT, appearing in Annex III, — the general conditions for services contracts financed by the EDF in the OCT, appearing in Annex IV. Disputes relating to a contract financed from the resources of the Fund which, pursuant to the general conditions and the special conditions applicable to the contract, are to be settled by conciliation or arbitration, shall be settled in accordance