Regulation 1979/214 - Amendment of Regulation (EEC) No 724/75 establishing a European Regional Development Fund - Main contents
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official title
Council Regulation (EEC) No 214/79 of 6 February 1979 amending Regulation (EEC) No 724/75 establishing a European Regional Development FundLegal instrument | Regulation |
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Number legal act | Regulation 1979/214 |
Original proposal | COM(1977)195 |
CELEX number i | 31979R0214 |
Document | 06-02-1979 |
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Publication in Official Journal | 09-02-1979; Special edition in Greek: Chapter 14 Volume 001,OJ L 35, 9.2.1979 |
Effect | 12-02-1979; Entry into force Date pub. + 3 See Art 23 |
End of validity | 01-01-1985; End of validity 31975R0724 |
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Council Regulation (EEC) No 214/79 of 6 February 1979 amending Regulation (EEC) No 724/75 establishing a European Regional Development Fund
Official Journal L 035 , 09/02/1979 P. 0001 - 0007
Greek special edition: Chapter 14 Volume 1 P. 0023
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COUNCIL REGULATION ( EEC ) NO 214/79
OF 6 FEBRUARY 1979
AMENDING REGULATION ( EEC ) NO 724/75 ESTABLISHING A EUROPEAN REGIONAL DEVELOPMENT FUND
THE COUNCIL OF THE EUROPEAN COMMUNITIES ,
HAVING REGARD TO THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY , AND IN PARTICULAR ARTICLE 235 THEREOF ,
HAVING REGARD TO THE PROPOSAL FROM THE COMMISSION ( 1 ) ,
HAVING REGARD TO THE OPINION OF THE EUROPEAN PARLIAMENT ( 2 ) ,
HAVING REGARD TO THE OPINION OF THE ECONOMIC AND SOCIAL COMMITTEE ( 3 ) ,
WHEREAS COUNCIL REGULATION ( EEC ) NO 724/75 OF 18 MARCH 1975 ESTABLISHING A EUROPEAN REGIONAL DEVELOPMENT FUND ( 4 ) CREATED A EUROPEAN REGIONAL DEVELOPMENT FUND INTENDED TO CORRECT THE PRINCIPAL REGIONAL IMBALANCES WITHIN THE COMMUNITY ;
WHEREAS ARTICLE 18 OF THAT REGULATION PROVIDES THAT ON A PROPOSAL FROM THE COMMISSION THE COUNCIL IS TO RE-EXAMINE THE REGULATION BEFORE 1 JANUARY 1978 ;
WHEREAS THE FUND'S ENDOWMENT SHOULD BE FIXED EACH YEAR IN THE GENERAL BUDGET OF THE EUROPEAN COMMUNITIES ;
WHEREAS , IN VIEW OF THE ECONOMIC AND SOCIAL TRENDS IN THE REGIONS AND AREAS OF THE COMMUNITY , IT SEEMS NECESSARY TO DIVERSIFY THE ASSISTANCE FROM THE FUND TO ENABLE IT BOTH TO PROVIDE ASSISTANCE FOR COMMUNITY ACTION IN SUPPORT OF REGIONAL POLICY MEASURES TAKEN BY THE MEMBER STATES AND ALSO TO ASSIT SPECIFIC COMMUNITY REGIONAL DEVELOPMENT MEASURES ;
WHEREAS IT SHOULD BE POSSIBLE FOR THE GEOGRAPHICAL SCOPE OF FUND ASSISTANCE TO BE EXTENDED FOR SPECIFIC COMMUNITY REGIONAL DEVELOPMENT MEASURES TO COVER REGIONS OR AREAS OTHER THAN THOSE ESTABLISHED BY THE MEMBER STATES UNDER THEIR REGIONAL AID SYSTEMS ;
WHEREAS THE GENERAL FRAMEWORK IN WHICH THESE SPECIFIC COMMUNITY REGIONAL DEVELOPMENT MEASURES WILL SUBSEQUENTLY BE ADOPTED AND IMPLEMENTED SHOULD BE LAID DOWN ;
WHEREAS THE DIVERSITY OF REGIONAL SITUATIONS IN THE COMMUNITY MEANS THAT THE DEFINITION OF INFRASTRUCTURE INVESTMENTS ELIGIBLE FOR FUND ASSISTANCE SHOULD BE ADAPTED ;
WHEREAS PROVISION SHOULD BE MADE FOR AN INCREASED RATE OF PARTICIPATION BY THE FUND IN THE FINANCING OF SOME OF THESE INFRASTRUCTURE INVESTMENTS ;
WHEREAS THE EXPERIENCE GAINED IN THE FIRST THREE YEARS OF OPERATION OF THE FUND PERMITS THE DECISION-MAKING PROCEDURES FOR FUND ASSISTANCE TO BE SIMPLIFIED ;
WHEREAS THE PROVISIONS RELATING TO REGIONAL DEVELOPMENT PROGRAMMES , TO ANNUAL INFORMATION AND TO STATISTICAL SUMMARIES MUST BE ADAPTED TO THE CHANGES THAT HAVE TAKEN PLACE ;
WHEREAS AN ACCELERATION OF THE ARRANGEMENTS FOR PAYMENT FROM THE FUND WOULD FACILITATE THE CARRYING OUT OF THE INVESTMENTS BENEFITING FROM THE FUND ; WHEREAS THE INTRODUCTION , ON CERTAIN CONDITIONS , OF A SCHEME FOR ACCELERATED PAYMENTS WILL ENABLE THIS OBJECTIVE TO BE MET ;
WHEREAS THE PROCEDURES FOR MAKING APPARENT THE COMPLEMENTARY CHARACTER OF THE ASSISTANCE PROVIDED FROM THE FUND SHOULD BE SPECIFIED , AND WHEREAS THE COMMISSION SHOULD , FOR THIS PURPOSE , BE GIVEN THE INFORMATION NECESSARY FOR IT TO ASCERTAIN THAT THIS COMPLEMENTARY CHARACTER IS ENSURED ,
HAS ADOPTED THIS REGULATION :
ARTICLE 1
IN ARTICLE 1 OF REGULATION ( EEC ) NO 724/75 , " A EUROPEAN REGIONAL DEVELOPMENT FUND IS HEREBY ESTABLISHED , HEREINAFTER REFERRED TO AS " THE FUND " , INTENDED TO CORRECT ... " SHALL BE REPLACED BY " THE EUROPEAN REGIONAL DEVELOPMENT FUND , HEREINAFTER REFERRED TO AS " THE FUND " , IS INTENDED TO CORRECT ... " .
ARTICLE 2
IN ARTICLE 2 OF REGULATION ( EEC ) NO 724/75 :
( 1 ) PARAGRAPH 1 SHALL BE REPLACED BY THE FOLLOWING :
" 1 . AS FROM THE FINANCIAL YEAR 1978 , THE ENDOWMENT FOR THE FUND SHALL BE DETERMINED ANNUALLY IN THE GENERAL BUDGET OF THE EUROPEAN COMMUNITIES . "
( 2 ) PARAGRAPH 2 SHALL BE DELETED AND PARAGRAPH 3 SHALL BECOME...
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