Legal provisions of COM(2003)50 - Economic Accounts for Agriculture in the EC

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dossier COM(2003)50 - Economic Accounts for Agriculture in the EC.
document COM(2003)50 EN
date December  5, 2003


Contents

Article 1 - Subject matter

1. This Regulation sets up the economic accounts for agriculture in the Community (hereinafter referred to as 'EAA'), by providing for:

(a) an EAA methodology (common standards, definitions, classifications and accounting rules), intended to be used for compiling accounts on comparable bases for the purposes of the Community, and for the transmission of data in accordance with Article 3;

(b) time limits for the transmission of the agricultural accounts compiled in accordance with the EAA methodology.

2. This Regulation shall not oblige any Member State to use the EAA methodology in compiling agricultural accounts for its own purposes.

Article 2 - Methodology

1. The EAA methodology referred to in Article 1(1)(a) is set out in Annex I.

2. The EAA methodology shall be updated in accordance with the procedure referred to in Article 4(2).

Article 3 - Transmission to the Commission

1. The Member States shall transmit to the Commission (Eurostat) the data set out in Annex II within the time limits specified for each table.

2. The first transmission of data shall take place in November 2003.

3. The list of variables and the time limits for the transmission of data set out in Annex II shall be updated in accordance with the procedure referred to in Article 4(2).

Article 4 - Committee pocedure

1. The Commission shall be assisted by the Standing Committee on Agricultural Statistics.

2. Where reference is made to this paragraph, Articles 4 and 7 of Decision 1999/468/EC shall apply, having regard to the provisions of Article 8 thereof.

The period laid down in Article 4(3) of Decision 1999/468/EC shall be set at three months.

3. The Committee shall adopt its Rules of Procedure.

Article 5 - Final provision

This Regulation shall enter into force on the 20th day following that of its publication in the Official Journal of the European Union.


This Regulation shall be binding in its entirety and directly applicable in all Member States.