of an opinion within that time limit, the Council may act.
By way of derogation from the previous subparagraph, agreements
referred to in Article 238, other agreements establishing a specific
institutional framework by organizing co-operation procedures,
agreements having important budgetary implications for the
Community and agreements entailing amendment of an act adopted
under the procedure referred to in Article 189b shall be concluded after
the assent of the European Parliament has been obtained.
The Council and the European Parliament may, in an urgent situation,
agree upon a time limit for the assent.
4. When concluding an agreement , the Council may, by way of
derogation from paragraph 2, authorize the Commission to approve
modifications on behalf of the Community where the agreement
provides for them to be adopted by a simplified procedure or by a
body set up by the agreement; it may attach specific conditions to
such authorization.
5. When the Council envisages concluding an agreement which calls
for amendments to this Treaty, the amendments must first be adopted
in accordance with the procedure laid down in Article N of the Treaty on
European Union.
6. The Council, the Commission or a Member State may obtain the
opinion of the Court of Justice as to whether an agreement envisaged
is compatible with the provisions of this Treaty. Where the opinion of
the Court of Justice is adverse, the agreement may enter into force
only in accordance with Article N of the Treaty on European Union.
7. Agreements concluded under the conditions set out in this Article
shall be binding on the institutions of the Community and on Member
States."
81) The following Article shall be inserted:
"ARTICLE 228a
Where it is provided, in a common position or in a joint action adopted
according to the provisions of the Treaty on European Union relating to
the common foreign and security policy, for an action by the
Community to interrupt or to reduce, in part or completely, economic
relations with one or more third countries, the Council shall take the
necessary urgent measures. The Council shall act by a qualified
majority on a proposal from the Commission."
82) Article 231 shall be replaced by the following:
"ARTICLE 231
The Community shall establish close co-operation with the
Organization for Economic Cooperation and Development, the details
of which shall be determined by common accord."
83) Article 236 and 237 shall be repealed.