Judgment of the Court (Sixth Chamber) 8 March 1988

In Case 165/86 REFERENCE to the Court under Article 177 of the EEC Treaty by the Hoge Raad der Nederlanden (Supreme Court of the Netherlands) for a preliminary ruling in the proceedings pending before that court between

THE COURT (Sixth Chamber), composed of: O. Due, President of the Chamber, G. C. Rodriguez Iglesias, T. Koopmans, K. Bahlmann and C. Kakouris, Judges, Advocate General: J. L. da Cruz Vilaça Registrar: H. A. Rühi, Principal Administrator

after considering the observations submitted on behalf of Leesportefeuille Intiem CV, the appellant in the main proceedings, by K. J. M. Hoyer, acting as Agent, in the oral procedure, the Commission of the European Communities, by J. F. Buhl, Legal Adviser, and H. van Lier, a member of the Commission's Legal Department, acting as Agents, in the written and oral procedures, the Netherlands Government, by the Secretary General of the Ministry of Foreign Affairs, acting as Agent, in the written procedure, the Government of the Federal Republic of Germany, by M. Seidel and A. Dittrich, acting as Agents, in the written procedure,

having regard to the Report for the Hearing and further to the hearing on 30 June 1987,

after hearing the Opinion of the Advocate General delivered at the sitting on 8 October 1987,

gives the following

Judgment

Costs

1 Language of the Case: Dutch.