it therein. In areas which do not fall
within its exclusive competence, the Community shall take action, in
accordance with the principle of subsidiarity, only if and in so far as the
objectives of the proposed action cannot be sufficiently achieved by the
Member States and can therefore, by reason of the scale or effects of
the proposed action, be better achieved by the Community. Any action
by the Community shall not go beyond what is necessary to achieve the
objectives of this Treaty." 6) Article 4 shall be replaced by the
following: "ARTICLE 4 1. The tasks entrusted to the Community shall
be carried out by the following institutions: - a EUROPEAN Parliament,
- a COUNCIL, - a COMMISSION, - a COURT OF JUSTICE, - a
COURT OF AUDITORS. Each institution shall act within the limits of
the powers conferred upon it by this Treaty. 2. The Council and the
Commission shall be assisted by an Economic and Social Committee
and a Committee of the Regions acting in an advisory capacity." 7) The
following Articles shall be inserted: "ARTICLE 4a A European System
of Central Banks (hereinafter referred to as "ESCB") and a European
Central Bank (hereinafter referred to as "ECB") shall be established in
accordance with the procedures laid down in this Treaty; they shall act
within the limits of the powers conferred upon them by this Treaty and
by the Statute of the ESCB and of the ECB (hereinafter referred to as
"Statute of the ESCB") annexed thereto. ARTICLE 4b A European
Investment Bank is hereby established, which shall act within the limit
of the powers conferred upon it by this Treaty and the Statute annexed
thereto." 8) Article 6 shall be deleted and Article 7 shall become Article
6. Its second paragraph shall be replaced by the following: "The
Council, acting in accordance with the procedure referred to in Article
189c, may adopt rules designed to prohibit such discrimination." 9)
Articles 8, 8a, 8b and 8c shall become respectively Article 7, 7a, 7b and
7c. C. The following Part shall be inserted: "PART TWO
CITIZENSHIP OF THE UNION ARTICLE 8 1. Citizenship of the
Union is hereby established. Every person holding the nationality of a
Member State shall be a citizen of the Union. 2. Citizens of the Union
shall enjoy the rights conferred by this Treaty and shall be subject to
the duties imposed thereby. ARTICLE 8a 1. Every citizen of the Union
shall have the right to move and reside freely within the territory of the
Member States, subject to the limitations and conditions laid down in
this Treaty and by the measures adopted to give it effect. 2. The
Council may adopt provisions with a view to facilitating the exercise of
the rights referred to in paragraph 1; save as otherwise provided in this
Treaty, the Council shall act unanimously on a proposal from the
Commission after obtaining the assent of the European Parliament.
ARTICLE 8b 1. Every citizen of the Union residing in a Member State
of which he is not a national shall have the right to vote and to stand as
a candidate at municipal elections in the Member State in which he
resides, under the same conditions as nationals of that State. This right
shall be exercised subject to detailed arrangements to be adopted before
31 December 1994 by the Council, acting unanimously, on a proposal
from the Commission and after consulting the European Parliament;
these arrangements may provide for derogations where warranted by
problems specific to a Member State. 2. Without prejudice to Article 1
38(3) and to the provisions adopted for its implementation, every
citizen of the Union residing in a Member State of which he is not a
national shall have the right to vote and to stand as a candidate in
elections to the European Parliament in the Member State in which he
resides, under the same conditions as nationals of that State. This right
shall be exercised subject to detailed arrangements to be adopted before
31 December 1993 by the Council, acting unanimously on a proposal
from the Commission and after consulting the European Parliament;
these arrangements may provide for derogations where warranted by
problems specific to a Member State. ARTICLE 8c Every citizen of the
Union shall, in the territory of a third country in which the Member
State of which he is a national is not represented, be entitled to
protection by the diplomatic or consular authorities of any Member
State, on the same conditions as the nationals of that State. Before 31
December 1993, Member States shall establish the necessary rules
among themselves and start the international negotiations required to
secure this protection. ARTICLE 8d Every citizen of the Union shall
have the right to petition the European Parliament in accordance with
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