Explanatory Memorandum to COM(1976)321 - - Main contents
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This page contains a limited version of this dossier in the EU Monitor.
| dossier | COM(1976)321 - . |
|---|---|
| source | COM(1976)321  |
| date | 30-07-1976 |
COLLECTION RELIEE DES DOCUMENTS 'COM'
COM (76)321
Vol. 1976/0096
Disclaimer
Conformement au reglement (CEE, Euratom) n° 354/83 du Conseil du ler fevrier 1983 concernant I’ouverture au public des archives historiques de la Communaute economique europeenne et de la Communaute europeenne de I’energie atomique (JO L 43 du 15.2.1983, p.
1), tel que modifie par le reglement (CE, Euratom) n° 1700/2003 du 22 septembre 2003 (JO L 243 du 27.9.2003, p.
1), ce dossier est ouvert au public. Le cas echeant, les documents classifies presents dans ce dossier ont ete declassifies conformement a I’article 5 dudit reglement.
In accordance with Council Regulation (EEC, Euratom) No 354/83 of 1 February 1983 concerning the opening to the public of the historical archives of the European Economic Community and the European Atomic Energy Community (OJ L 43, 15.2.1983, p.
1), as amended by Regulation (EC, Euratom) No 1700/2003 of 22 September 2003 (OJ L 243, 27.9.2003, p.
1), this file is open to the public. Where necessary, classified documents in this file have been declassified in conformity with Article 5 of the aforementioned regulation.
In Obereinstimmung mit der Verordnung (EWG, Euratom) Nr. 354/83 des Rates vom 1. Februar 1983 uber die Freigabe der historischen Archive der Europaischen Wirtschaftsgemeinschaft und der Europaischen Atomgemeinschaft (ABI. L 43 vom 15.2.1983, S.
1), geandert durch die Verordnung (EG, Euratom) Nr. 1700/2003 vom 22. September 2003 (ABI. L 243 vom 27.9.2003, S.
1), ist diese Datei der Offentlichkeit zuganglich. Soweit erforderlich, wurden die Verschlusssachen in dieser Datei in Obereinstimmung mit Artikel 5 der genannten Verordnung freigegeben.
COMMISSION OF THE EUROPEAN COMMUNITIES
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COM(76) 321 final.
Brussels, 30 July 1976
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/ 1
PROPOSAL FOR A COUNCIL DIRECTIVE
amending Directive 75/432/EEC on aid to shipbuilding
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(submitted to the Council by the Commission) >
CQK(76) 321 final
1. Council Directive 75/432/EEC on aid to shipbuilding establishes a category of aids to shipbuilding which may be considered compatible with the oommon market for the purpose of Article 92(3)(d) and harmonizes aids for the export of ships to non-member countries under Article 113.
2. As regards price guarantees, the Directive authorizes only the
French scheme, sinoe no others were in operation when the Directive was issued. ' •
3* The United Kingdom Government has now decided to bring in a scheme of cost escalation.cover which will operate on sales of ships by British yards both to British and to non-Community shipowners.
Where the sale is on credit, assistance may be given to cover any increase of between 7 i° and 17 % per annum in the variable part of the prioe (approx. 70 $ of the price). In the case of cash con tracts the band:is widened to 15 $* A premium of 1 $6 of the insured portion of the contract is ..payable in advance for each year of the risk's duration. The recipient may also opt for a threshold of assistance of between 7 and 15
e 'only when the British
. , , , , /to Directive
The pr oposed. amendment s' were , maae pos
Government- amended its original scheme.
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Originallyf goods imported from other Member States fob incorporation into ships being built in the United Kingdom did hot qualify for the sohemej but this discrimination has now been removed. • . ' .
Furthermore, by setting 20 February 1977 as the date for review of the scheme, the British Government has. also complied with the requirement . of degressivity. . .
Directive 75/432/EEC provides for notification of individual cases of application (Article 2(3). . •
5' The UK Government has two basio reasons for introducing this scheme:
• * . . • ■ * . .
(a) shipowners are losing confidence in yards which are due to be
nationalized* ' • • • ■ ‘
(b) competition on prices and credit terms is extremely keen.
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■ The result has been a fall-off in- orders placed with British shipyards,
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and many are actually threatened.:with closure.' •
6. In order to assist the restructuring of British shipbuilding, which is faced with thp same general crisis as shipbuilding throughout the world but in more serious terms for struoturai reasons, the present proposal for amendment of Direotive 75/432/EEC deolareB the-scheme to be . compatible with the oommon market, subject to the oondition3 referred to at paragraph 4 above..The conditions are the same as those imposed by the Directive on the Frenoh guarantee scheme (Artiole 2(2)(b).
•A
Proposal for a Council Directive amending Directive 75/432/EEC on aids to shipbuilding .
THE COUNCIL OP THE EUROPEAN COMMUNITIES, . .
Having regard to the Treaty establishing the European Economio Community,
and in particular Articles 92(3)(d) and 113 thereof,
Having regard to the proposal from the Commission, '
Whereas Direotive 75/432/EEC on aid to shipbuilding establishes a new category of aid which may be considered compatible with the common market,
Whereas Directive 75/432/EEC stipulates uniform principles, as required by Article 113 6'f the Treaty, for the application of price guarantee schemes for exports of ships to non-member countries,
Whereas, mote particularly, Artiole 2(2)(b) and (3) of the said Directive specifies the terms on which such schemes may be operated,
Whereas, therefore, the United Kingdom scheme of cost escalation cover, which aims to facilitate the restructuring of British shipbuilding by keeping enough business going for the restructuring to be made in an orderly and progressive fashion, may be brought within the Directive if it conforms to these uniform principles, •
Whereas Directive 75/432/EEC should be amended accordingly,
HAS ADOPTED THIS DIRECTIVE:
Article 1
The following fourth indent is added to Artiole 2(2)(b) of Directive 75/432/EEC: ’ ! ' '
in the United Kingdom, in the form of a scheme of cost escalation cover, provided that the .terms of the scheme are made progressively more restrictive.'1 '
Article 2
This Directive is adressed to the Member States.
Done at Brussels,
For the Counoil,
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The President