### when evidence referred to in the first subparagraph is not available , the biofuels , bioliquids and biomass fuels produced from forest biomass shall be taken into account for the purposes referred to in points , and of paragraph 1 if management systems are in place at forest holding level to ensure that : ### when evidence referred to in the first subparagraph is not available , the biofuels , bioliquids and biomass fuels produced from forest biomass shall be taken into account for the purposes referred to in points , and of paragraph 1 if additional information of legality and forest management practices are provided at the supply base to demonstrate minimization of risk of using unsustainable forest biomass , to ensure that :


### when evidence referred to in the first subparagraph is not available , the biofuels , bioliquids and biomass fuels produced from forest biomass shall be taken into account for the purposes referred to in points , and of paragraph 1 if management systems are in place at forest holding level to ensure that : ### when evidence referred to in the first subparagraph is not available , the biofuels , bioliquids and biomass fuels produced from forest biomass shall be taken into account for the purposes referred to in points , and of paragraph 1 if additional information of legality and forest management practices are provided at the supply base level to ensure that :


### when evidence referred to in the first subparagraph is not available , the biofuels , bioliquids and biomass fuels produced from forest biomass shall be taken into account for the purposes referred to in points , and of paragraph 1 if management systems are in place at forest holding level to ensure that : ### when evidence referred to in the first subparagraph is not available , the biofuels , bioliquids and biomass fuels produced from forest biomass shall be taken into account for the purposes referred to in points , and of paragraph 1 if management systems or equivalent procedures are in place at forest supply based level to ensure that :


### when evidence referred to in the first subparagraph is not available , the biofuels , bioliquids and biomass fuels produced from forest biomass shall be taken into account for the purposes referred to in points , and of paragraph 1 if management systems are in place at forest holding level to ensure that : ### when evidence referred to in the first subparagraph is not available , the biofuels , bioliquids and biomass fuels produced from forest biomass shall be taken into account for the purposes referred to in points , and of paragraph 1 if appropriate control systems are in place at the supply base level to ensure that :


### when evidence referred to in the first subparagraph is not available , the biofuels , bioliquids and biomass fuels produced from forest biomass shall be taken into account for the purposes referred to in points , and of paragraph 1 if management systems are in place at forest holding level to ensure that : ### when evidence referred to in the first subparagraph is not available , the biofuels , bioliquids and biomass fuels produced from forest biomass shall be taken into account for the purposes referred to in points , and of paragraph 1 if management systems are in place at the supply base level to ensure that :


### impacts of forest harvesting on soil quality and biodiversity are minimised ; ### harvesting is carried out in a way that takes into account the maintenance of soil quality and biodiversity with the aim of minimizing negative impacts ;


### impacts of forest harvesting on soil quality and biodiversity are minimised ; ### harvesting is carried out considering maintenance of soil quality and biodiversity ; and


### impacts of forest harvesting on soil quality and biodiversity are minimised ; ### harvesting is carried out considering maintenance of soil quality and biodiversity ;


### impacts of forest harvesting on soil quality and biodiversity are minimised ; ### impacts during forest harvesting on soil quality and biodiversity are minimised ;


### harvesting does not exceed the long - term production capacity of the forest . ### harvesting maintains or improves long - term productivity capacity of forests at country or regional level .


### harvesting does not exceed the long - term production capacity of the forest . ### harvesting maintains or improves the long - term productivity capacity of the forest .


### harvesting does not exceed the long - term production capacity of the forest . ### harvesting maintains or improves the long - term production capacity of the forest .


### at least 50 % for biofuels and bioliquids produced in installations in operation on or before 5 october 2015 ; ### at least 50 % for biofuels , fuel derived from biomethane for use in transport and bioliquids produced in installations in operation on or before 5 october 2015 ;


### at least 80 % for electricity , heating and cooling production from biomass fuels used in installations starting operation after 1 january 2021 and 85 % for installations starting operation after 1 january 2026 . ### at least 80 % for electricity , heating and cooling production from biomass fuels , other than biogas injected into the gas grid , used in installations starting operation after 1 january 2021 . the commission shall assess , in view of the state of technology , the possibility of integrating a threshold of at least 85 % for installations starting operation after 1 january 2026 . the commission shall , where appropriate , propose a revision of this paragraph by means of a delegated act .


### the commission may decide that voluntary national or international schemes setting standards for the production of biomass products contain accurate data for the purposes of article 26 , and / or demonstrate that consignments of biofuels , bioliquids or biomass fuels comply with the sustainability criteria set out in article 26 , , , and , and / or that no materials have been intentionally modified or discarded so that the consignment or part thereof would fall under annex ix . when demonstrating that requirements set out in article 26 and for forest biomass are met , the operators may decide to directly provide the required evidence at the forest holding level . the commission may also recognise areas for the protection of rare , threatened or endangered ecosystems or species recognised by international agreements or included in lists drawn up by intergovernmental organisations or the international union for the conservation of nature for the purposes of article 26 . ### the commission may decide that voluntary national or international schemes setting standards for the production of biomass products contain accurate data for the purposes of article 26 , and / or demonstrate that consignments of biofuels , bioliquids or biomass fuels comply with the sustainability criteria set out in article 26 , , , and . when demonstrating that requirements set out in article 26 and for forest biomass are met , the operators may decide to directly provide the required evidence at the forest supply base level . the commission may also recognise areas for the protection of rare , threatened or endangered ecosystems or species recognised by international agreements or included in lists drawn up by intergovernmental organisations or the international union for the conservation of nature for the purposes of article 26 .


### the power to adopt delegated acts referred to in articles 7 , 7 ; 19 , 19 , 25 and 28 shall be conferred on the commission for a period of five years from 1st january 2021 . ### the power to adopt delegated acts referred to in articles 19 , 19 , 25 and 28 shall be conferred on the commission for a period of five years from 1st january 2021 .


### the delegation of power referred to in articles 7 , 7 ; 19 , 19 , 25 and 28 ### the delegation of power referred to in articles 19 , 19 , 25 and 28


### saving = – eb / ef ### saving = – eb ) / ef


### biomass fraction of wastes and residues from forestry and forest - based industries , i . e . bark , branches , pre - commercial thinnings , leaves , needles , tree tops , saw dust , cutter shavings , black liquor , brown liquor , fibre sludge , lignin . ### biomass fraction of wastes and residues from forest - based industries that does not cause displacement of the existing material use of the residues , i . e . bark , branches , pre - commercial thinnings , leaves , needles , tree tops , saw dust , cutter shavings , black liquor , brown liquor , fibre sludge , lignin .


### calendar year 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 ### minimum share 7 . 0% 6 . 7% 6 . 4% 6 . 1% 5 . 8% 5 . 4% 5 . 0% 4 . 6% 4 . 2% 3 . 8%


### calendar year 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 ### maximum share 7 . 0% 6 . 7% 6 . 4% 6 . 1% 5 . 8% 5 . 4% 5 . 0% 4 . 6% 4 . 2% 3 . 8%


### calendar year 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 ### minimum share 1 . 5 % 1 . 85 % 2 . 2 % 2 . 55 % 2 . 9 % 3 . 6 % 4 . 4 % 5 . 2 % 6 . 0 % 6 . 8 %


### calendar year 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 calendar year 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 ### minimum share 1 . 5 % 1 . 85 % 2 . 2 % 2 . 55 % 2 . 9 % 3 . 6 % 4 . 4 % 5 . 2 % 6 . 0 % 6 . 8 % minimum share 3 . 00 % 3 . 35 % 3 . 7 % 4 . 05 % 4 . 40 % 5 . 10 % 5 . 90 % 6 . 70 % 7 . 5 % 8 . 3 %


### calendar year 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 calendar year 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 ### minimum share 1 . 5 % 1 . 85 % 2 . 2 % 2 . 55 % 2 . 9 % 3 . 6 % 4 . 4 % 5 . 2 % 6 . 0 % 6 . 8 % minimum share 3 . 0 % 3 . 35 % 3 . 70 % 4 . 05 % 4 . 40 % 5 . 10 % 5 . 90 % 6 . 70 % 7 . 50 % 8 . 30 %


### calendar year 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 ### minimum share 0 . 5 % 0 . 7% 0 . 9 % 1 . 1 % 1 . 3 % 1 . 75 % 2 . 2 % 2 . 65 % 3 . 1 % 3 . 6 %


### calendar year 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 calendar year 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 ### minimum share 0 . 5 % 0 . 7% 0 . 9 % 1 . 1 % 1 . 3 % 1 . 75 % 2 . 2 % 2 . 65 % 3 . 1 % 3 . 6 % minimum share 0 . 5 % 0 . 6% 0 . 7 % 0 . 8 % 0 . 9 % 1 . 00 % 1 . 3 % 1 . 6% 1 . 9 % 2 . 3 %


### calendar year 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 calendar year 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 ### minimum share 0 . 5 % 0 . 7 % 0 . 9 % 1 . 1 % 1 . 3 % 1 . 75 % 2 . 2 % 2 . 65 % 3 . 1 % 3 . 6 % minimum share 0 . 5 % 0 . 7 % 0 . 9 % 1 . 1 % 2 . 3 % 2 . 75 % 3 . 2 % 3 . 65 % 4 . 1 % 4 . 6 %


### calendar year 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 calendar year 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 ### minimum share 0 . 5 % 0 . 7% 0 . 9 % 1 . 1 % 1 . 3 % 1 . 75 % 2 . 2 % 2 . 65 % 3 . 1 % 3 . 6 % minimum share 0 . 5 % 0 . 7% 0 . 9 % 1 . 1 % 2 . 3 % 2 . 75 % 3 . 2 % 3 . 65 % 4 . 1 % 4 . 6 %


### increasing public awareness on the urgency of action and encouraging member states to step up their efforts in dealing with undeclared work . ### increasing public awareness on the urgency of action and encouraging member states to step up their efforts in dealing with undeclared work , also in social sectors that are less well documented and often not considered as sectors where undeclared working takes place .


### establish tools , for instance a knowledge bank of different practices / measures , including bilateral agreements used in the member states to deter and prevent undeclared work , ### establish tools , for instance a knowledge bank of different practices / measures , including bilateral agreements used in the member states to deter and prevent undeclared work and positive measures to encourage citizens to legally employ those people that previously worked undeclared ,


### space technology , data and services have become indispensable in the daily lives of europeans and play an essential role in preserving many strategic interests . the union ' s space industry is already one of the most competitive in the world . however , the emergence of new players and the development of new technologies are revolutionising traditional industrial models . it is therefore crucial that the union remains a leading international player with extensive freedom of action in the space domain , that it encourages scientific and technical progress and support the competitiveness and innovation capacity of space sector industries within the union , in particular small and medium - sized enterprises , start - ups and innovative businesses . ### space technology , data and services have become indispensable in the daily lives of europeans and play an essential role in preserving many strategic interests . the union ' s space industry is already one of the most competitive in the world . however , the emergence of new players and the development of new technologies are revolutionising traditional industrial models . it is therefore crucial that the union remains a leading international player with extensive freedom of action in the space domain , that it encourages scientific and technical progress and support the competitiveness and innovation capacity of space sector industries within the union , in particular small and medium - sized enterprises , start - ups and innovative businesses . at the same time , it is important to create the appropriate conditions to ensure a level playing field with the major space competitors .


### the union has been developing its own space initiatives and programmes since the end of the 1990s , namely the european geostationary navigation overlay service and then galileo and copernicus , which respond to the needs of union citizens and the requirements of public policies . not only should the continuity of those initiatives be ensured but they must also be improved , so that they remain at the forefront in view of new technology development and the transformations in the digital and information and communications technology domains , meet the new needs of users and are able to meet political priorities such as climate change , including monitoring changes in the artic , security and defence . ### the union has been developing its own space initiatives and programmes since the end of the 1990s , namely the european geostationary navigation overlay service and then galileo and copernicus , which respond to the needs of union citizens and the requirements of public policies . not only should the continuity of those initiatives be ensured but they must also be improved , so that they remain at the forefront in view of new technology development and the transformations in the digital and information and communications technology domains , meet the new needs of users and are able to meet the political priorities of all concerned sectors , in particular in the transportation sector .


### the union needs to ensure its freedom of action and autonomy to have access to space and be able to use it safely . it is therefore essential that it maintains autonomous , reliable and cost - effective access to space , especially as regards critical infrastructure and technology , public security and the security of the union and its member states . the commission should therefore have the possibility to aggregate launch services at european level , both for its own needs and , at their request , for those of other entities , including member states , in conformity with the provisions of article 189 of the treaty . it is also crucial that the union continues to have modern , efficient and flexible launch infrastructure facilities . in addition to measures taken by member states and the european space agency , the commission should consider ways to support such facilities . in particular , where space ground infrastructure necessary to perform launches in line with the needs of the programme is to be maintained or upgraded , it should be possible to partially fund such adaptations under the programme , in line with the financial regulation and where a clear eu value added can be established , with the view of achieving a better cost efficiency for the programme . ### the union needs to ensure its freedom of action and autonomy to have access to space and be able to use it safely . it is therefore essential that it maintains autonomous , reliable and cost - effective access to space , including alternative launching technologies and innovative systems or services , especially as regards critical infrastructure and technology , public security and the security of the union and its member states . the commission should therefore have the possibility to aggregate launch services at european level , both for its own needs and , at their request , for those of other entities , including member states , in conformity with the provisions of article 189 of the treaty . it is also crucial that the union continues to have modern , efficient and flexible launch infrastructure facilities . in addition to measures taken by member states and the european space agency , the commission should consider ways to support such facilities . in particular , where space ground infrastructure necessary to perform launches in line with the needs of the programme is to be maintained or upgraded , it should be possible to partially fund such adaptations under the programme , in line with the financial regulation and where a clear eu value added can be established , with the view of achieving a better cost efficiency for the programme .


### to strengthen the competitiveness of the union space industry and gain capacities in designing , building and operating its own systems , the union should support the creation , growth , and development of the entire space industry . the emergence of a business - and innovation - friendly model should be supported at european , regional and national levels by establishing space hubs that bring together the space , digital and user sectors . the union should foster the expansion of union - based space companies to help them succeed , including by supporting them in accessing risk finance in view of the lack , within the union , of appropriate access to private equity for space start - ups and by creating innovation partnerships . ### to strengthen the competitiveness of the union space industry and gain capacities in designing , building and operating its own systems , the union should support the creation , growth , and development of the entire space industry . the emergence of a business - and innovation - friendly model should be supported at european , regional and national levels by establishing space hubs that bring together the space , digital and user sectors . space hubs should work in cooperation with the digital innovation hubs to foster entrepreneurship and skills . the union should foster the expansion of european space companies to help them succeed , including by supporting them in accessing risk finance in view of the lack , within the union , of appropriate access to private equity for space start - ups and by creating innovation partnerships .


### owing to its coverage and its potential to help resolve global challenges , the space programme of the union has a strong international dimension . the commission should therefore be enabled to manage , on behalf of the union , and coordinate activities on the international scene on behalf of the union , in particular to defend the interests of the union and its member states in international fora , including in the area of frequencies , to promote the union ' s technology and industry , and to encourage cooperation in the field of training , bearing in mind the need to ensure the reciprocity of the rights and obligations of the parties . it is particularly important that the union be represented by the commission in the bodies of the international cospas - sarsat programme or in relevant sectoral un bodies including the food and agriculture organisation , as well as the world meteorological organisation . ### owing to its coverage and its potential to help resolve global challenges , the space programme of the union has a strong international dimension . the commission should therefore be enabled to manage , on behalf of the union , and coordinate activities on the international scene on behalf of the union , in particular to defend the interests of the union and its member states in international fora , including in the area of frequencies . the commission should strengthen economic diplomacy to promote the union ' s technology and industry , and to encourage cooperation in the field of training , bearing in mind the need to ensure the reciprocity of the rights and obligations of the parties and a fair competition at the international level . it is particularly important that the union be represented by the commission in the bodies of the international cospas - sarsat programme or in relevant sectoral un bodies including the food and agriculture organisation , as well as the world meteorological organisation .


### the commission should promote , alongside the member states and the high representative , responsible behaviour in space and outer space and explore the possibility for accession to the relevant un conventions . ### the commission should promote , alongside the member states and the high representative , responsible behaviour in space and outer space , in particular by finding solutions against the proliferation of space debris , and explore the possibility for accession to the relevant un conventions .


### the programme shares similar objectives with other union programmes , notably horizon europe , investeu fund , european defence fund and funds under regulation [ common provisions regulation ] . therefore , cumulative funding from those programmes should be foreseen , provided they do cover the same cost items , in particular through arrangements for complementary funding from union programmes where management modalities permit - either in sequence , in an alternating way , or through the combination of funds including for the joint funding of actions , allowing , where possible , innovation partnerships and blending operations . during the implementation of the programme , the commission should therefore promote synergies with other related union programmes which would allow , where possible , use of access to risk finance , innovation partnerships , cumulative or blended funding . ### the programme shares similar objectives with other union programmes , notably horizon europe , investeu fund , european defence fund and funds under regulation [ common provisions regulation ] . therefore , cumulative funding from those programmes should be foreseen , provided they do cover the same cost items , in particular through arrangements for complementary funding from union programmes where management modalities permit - either in sequence , in an alternating way , or through the combination of funds including for the joint funding of actions , allowing , where possible , innovation partnerships and blending operations . during the implementation of the programme , the commission should therefore promote synergies with other related union programmes which would allow , where possible , use of access to risk finance , innovation partnerships , cumulative or blended funding . it is important to assure continuity between the solutions developed through horizon europe and the other union programmes and the components of the space programme .


### as promoter of the union’s general interest , it falls to the commission to implement the programme , assume overall responsibility and promote their use . in order to optimise the resources and competences of the various stakeholders , the commission should be able to delegate certain tasks . moreover the commission is the best placed to determine the main technical and operational specifications necessary to implement systems and services evolution . ### as promoter of the union’s general interest , it falls to the commission to supervise the implementation of the programme , assume overall responsibility and promote their use . in order to optimise the resources and competences of the various stakeholders , the commission should be able to delegate certain tasks . moreover the commission is the best placed to determine the main technical and operational specifications necessary to implement systems and services evolution .


### the aim of egnos is to improve the quality of open signals from existing global navigation satellite systems , in particular those emitted by the galileo system . the services provided by egnos should cover , as a priority , the member states’ territories geographically located in europe , including for this purpose the azores , the canary islands and madeira , with the aim to cover those territories by the end of 2025 . subject to technical feasibility and , for the safety of life , on the basis of international agreements , the geographical coverage of the services provided by egnos could be extended to other regions of the world . without prejudice to regulation [ 2018 / xxxx ] [ easa regulation ] and the necessary monitoring of galileo service quality for aviation purposes , it should be noted that while the signals emitted by galileo may effectively be used to facilitate the positioning of aircraft , only local or regional augmentation systems such as egnos in europe may constitute air - traffic management services and air navigation services . ### the aim of egnos is to improve the quality of open signals from existing global navigation satellite systems , in particular those emitted by the galileo system . the services provided by egnos should cover , as a priority , the member states’ territories geographically located in europe , including for this purpose the azores , the canary islands and madeira , with the aim to cover those territories by the end of 2025 . subject to technical feasibility and , for the safety of life , on the basis of international agreements , the geographical coverage of the services provided by egnos could be extended to other regions of the world . without prejudice to regulation [ 2018 / xxxx ] [ easa regulation ] and the necessary monitoring of galileo service quality and safety performance for aviation purposes , it should be noted that the signals emitted by galileo may effectively be used to facilitate the positioning of aircraft , only local or regional augmentation systems such as egnos in europe may constitute air - traffic management services and air navigation services .


### it is imperative that the continuity , sustainability and future availability of the services provided by the galileo and egnos systems be ensured . in a changing environment and rapidly developing market , their development should also continue and new generations of these systems should be prepared . ### it is imperative that the continuity , sustainability , safety performance and future availability of the services provided by the galileo and egnos systems be ensured . in a changing environment and rapidly developing market , their development should also continue and new generations of these systems should be prepared .


### to maximise the socio - economic benefits of galileo and egnos , notably in the area of security , the use of the services provided by egnos and galileo in other union policies should be promoted where this is justified and beneficial . ### to maximise the socio - economic benefits of galileo and egnos , notably in the area of safety and security , the use of the services provided by egnos and galileo in other union policies , in particular in the transport sector , should be promoted .


### copernicus should ensure an autonomous access to environmental knowledge and key technologies for earth observation and geo - information services , thereby enabling the union to achieve independent decision - making and actions in the fields of the environment , climate change , civil protection , security , as well as the digital economy , among others . ### copernicus should ensure an autonomous access to environmental knowledge and key technologies for earth observation and geo - information services , thereby enabling the union to achieve independent decision - making and actions in the fields of the environment , climate change , transport , civil protection , security , as well as the digital economy , among others .


### for users of satellite communications the user equipment is the all - important operational interface . the eu govsatcom approach makes it possible for most users to continue to use their existing user equipment for govsatcom services in so far as they make use of union technologies . ### for users of satellite communications the user equipment is the all - important operational interface . the eu govsatcom approach should make it possible for users to continue using their existing user equipment for govsatcom services .


### infrastructure dedicated to the programme may require additional research and innovation , which may be supported under horizon europe , aiming for coherence with activities in this domain by the european space agency . synergies with horizon europe should ensure that research and innovation needs of the space sector are identified and established as part of the strategic research and innovation planning process . space data and services made freely available by the programme will be used to develop breakthrough solutions through research and innovation , including in horizon europe , in particular for sustainable food and natural resources , climate monitoring , smart cities , automated vehicles , security and disaster management . the strategic planning process under horizon europe will identify research and innovation activities that should make use of union - owned infrastructures such as galileo , egnos and copernicus . research infrastructures , in particular in situ observing networks will constitute essential elements of the in situ observation infrastructure enabling the copernicus services ### infrastructure dedicated to the programme may require additional research and innovation , which may be supported under horizon europe , aiming for coherence with activities in this domain by the european space agency . synergies with horizon europe should ensure that research and innovation needs of the space sector are identified and established as part of the strategic research and innovation planning process . it is important to assure continuity between the solutions developed through horizon europe and the operations of the space programme components . space data and services made freely available by the programme will be used to develop breakthrough solutions through research and innovation , including in horizon europe , on the main european policies , in particular for the transport sector . the strategic planning process under horizon europe will identify research and innovation activities that should make use of union - owned infrastructures such as galileo , egnos and copernicus . research infrastructures , in particular in situ observing networks will constitute essential elements of the in situ observation infrastructure enabling the copernicus services .


### regulation no 912 / 2010 established a union agency , called the european gnss agency , to manage certain aspects of the galileo and egnos satellite navigation programmes . the present regulation provides in particular that the european gnss agency will be entrusted with new tasks , not only in respect of galileo and egnos but also for other components of the programme , especially security accreditation . the name , tasks and organisational aspects of the european gnss agency must therefore be adapted accordingly . ### regulation no 912 / 2010 established a union agency , called the european gnss agency , to manage certain aspects of the galileo and egnos satellite navigation programmes . the present regulation provides in particular that the european gnss agency will be entrusted with new tasks , not only in respect of galileo and egnos but also for other components of the programme , especially security accreditation and cybersecurity . the name , tasks and organisational aspects of the european gnss agency must therefore be adapted accordingly .


### in view of its extended scope , which will no longer be limited to galileo and egnos , the european gnss agency should henceforth be changed . however , the continuity of the activities of the european gnss agency , including continuity as regards rights and obligations , staff and the validity of any decisions taken , should be ensured under the agency . ### in view of its extended scope , which will no longer be limited to galileo and egnos , the european gnss agency should henceforth be changed . where it entrusts tasks to the agency , the commission shall ensure appropriate funding for the management and execution of those tasks , including adequate human and financial resources . however , the continuity of the activities of the european gnss agency , including continuity as regards rights and obligations , staff and the validity of any decisions taken , should be ensured under the agency .


### ‘ sst data’ means physical parameters of space objects acquired by sst sensors or orbital parameters of space objects derived from sst sensors ' observations in the framework of the space surveillance and tracking component ; ### ‘ sst data’ means physical parameters of space objects and space debris acquired by sst sensors or orbital parameters of space objects derived from sst sensors ' observations in the framework of the space surveillance and tracking component ;


### ‘ sst sensor’ means a device or a combination of devices , ground - based or space - based radars , lasers and telescopes , that is able to measure physical parameters related to space objects , such as size , location and speed ; ### ‘ sst sensor’ means a device or a combination of devices , ground - based or space - based radars , lasers and telescopes , that is able to measure physical parameters related to space objects and space debris , such as size , location and speed ;


### additionally , the programme shall include measures for ensuring efficient access to space for the programme and for fostering an innovative space sector . ### additionally , the programme shall include measures for ensuring autonomous access to space , for tackling cyber threats , for fostering an innovative and competitive space sector and for supporting space diplomacy .


### provide , or contribute to the provision of , high - quality and up - to - date and , where appropriate , secure space - related data , information and services without interruption and wherever possible at global level , meeting existing and future needs and able to meet the union ' s political priorities , including as regards climate change and security and defence ; ### provide , or contribute to the provision of , high - quality and up - to - date and , where appropriate , secure space - related data , information and services without interruption and wherever possible at global level ; support evidence - based decision - making capacity of the union and its member states ;


### maximise the socio - economic benefits , including by promoting the widest possible use of the data , information and services provided by the programme ' s components ; ### maximise the socio - economic benefits by strengthening the downstream sector and by promoting the widest possible use of the data , information and services provided by the programme ' s components ;


### enhance the security of the union and its member states , its freedom of action and its strategic autonomy , in particular in terms of technologies and evidence - based decision - making ; ### enhance the security , the cyber security and the safety of the union , its member states and its citizens , its strategic autonomy , in particular in industrial and technological terms ;


### promote the role of the union in the international arena as a leading actor in the space sector and strengthening its role in tackling global challenges and supporting global initiatives , including with regards to climate change and sustainable development . ### promote the role of the union in the international arena as a leading actor in the space sector and strengthening its role in tackling global challenges and supporting global initiatives , including with regards to climate change and sustainable development of all concerned sectors , in particular in the transport sector .


### for copernicus : to deliver accurate and reliable earth observation data and information , supplied on a long - term basis , to support the implementation and monitoring of the union and its member states ' policies in the fields of the environment , climate change , agriculture and rural development , civil protection , safety and security , as well as the digital economy ; ### for copernicus : to deliver accurate and reliable earth observation data and information , supplied on a long - term basis , to support the implementation and monitoring of the union and its member states ' policies in the fields of the environment , climate change , transport , agriculture and rural development , civil protection , safety and security , as well as the digital economy ;


### for space situational awareness : to enhance sst capabilities to monitor , track and identify space objects , to monitor space weather and to map and network member states neo capacities ; ### for space situational awareness : to enhance sst capabilities to monitor , track and identify space objects and space debris , to monitor space weather and to map and network member states neo capacities ;


### to contribute , where this is required for the needs of the programme , to an autonomous , secure and cost - efficient capability to access space ; ### to contribute to an autonomous , secure and cost - efficient capability to access space ;


### support and reinforce the competitiveness , entrepreneurship , skills and capacity to innovate of legal and natural persons from the union active or wishing to become active in that sector , with particular regard to the position and needs of small and medium - sized enterprises and start - ups . ### foster the development of a competitive union space economy and maximise opportunities for union enterprises of all sizes , in particular small and medium - sized enterprises , new entrants and start - ups , to develop and provide innovative space systems and services ;


### provision of launching services for the needs of the programme ; ### provision of aggregate launching services for the programme and for other entities , at their request , taking into account the essential security interests of the union in accordance with article 25 ;


### where this is required for the needs of the programme , the necessary adaptations to the space ground infrastructure . ### where this is required for the objectives of the programme , the necessary support to the space ground infrastructure .


### the establishment of space - related innovation partnerships to develop innovative products or services and for the subsequent purchase of the resulting supply or services ; ### the establishment of space - related innovation partnerships to develop innovative products or services and for the subsequent purchase of the resulting products or services for the needs of the programme ;


### cooperation between undertakings in the form of space hubs bringing together , at regional and national levels , actors from the space and digital sectors , as well as users , and providing support to citizens and companies to foster entrepreneurship and skills ; ### cooperation in the form of a network of space hubs bringing together actors from the space and digital sectors , as well as users , and providing support , facilities and services , to citizens and companies to foster entrepreneurship and skills ; foster cooperation between the space hubs and the digital innovation hubs established under the digital europe programme ;


### the services , data and information provided by the programme ' s components shall be provided without any express or implied guarantee as regards their quality , accuracy , availability , reliability , speed and suitability for any purpose . to that aim , the commission shall take the necessary steps to ensure that the users of those services , data and information are informed , in an appropriate manner , of the absence of any such guarantee . ### the services , data and information provided by the programme ' s components shall be provided without any express or implied guarantee as regards their quality , accuracy , availability , reliability , speed and suitability for any purpose , unless such a guarantee is required by applicable union law for the provision of the services concerned . to that aim , the commission shall take the necessary steps to ensure that the users of those services , data and information are informed , in an appropriate manner , of the absence of any such guarantee .


### the financial envelope for the implementation of the programme for the period 2021 – 2027 shall be eur [ 16 ] billion in current prices . ### the financial envelope for the implementation of the programme for the period 2021 – 2027 shall be eur 14 , 200 billion in constant prices .


### systematic consideration of the needs of users of the services provided by the programme ' s components , as well as of scientific and technological evolutions relating to those services ; ### systematic consideration of the needs of users , in particular the continuity of services and the stability of the interfaces of the services provided by the programme’s components , as well as of scientific and technological evolutions relating to those services ;


### the member states may participate in the programme by contributing with their technical competence , know - how and assistance , in particular in the field of safety and security , and , where necessary , by making available to the union the information and infrastructure in their possession or located on their territory , including by ensuring an efficient and obstacle free access and use of in - situ data and cooperating with the commission to improve the availability of in - situ data required by the programme . ### the member states may participate in the programme by contributing with their technical competence , know - how and assistance , in particular in the field of safety and security , sustainable transports and programme components ' applications and , where necessary , by making available to the union the information and infrastructure in their possession or located on their territory , including by ensuring an efficient and obstacle free access and use of in - situ data and cooperating with the commission to improve the availability of in - situ data required by the programme .


### when necessary for the smooth functioning of the programme and the smooth provision of the services provided by the programme ' s components , the commission shall , by means of implementing acts , determine the technical and operational specifications required for the implementation of and evolution of those components and of the services they provide after having consulted users and all the other relevant stakeholders . when determining those technical and operational specifications , the commission shall avoid reducing the general security level and to meet a backward compatibility imperative . ### when necessary for the smooth functioning of the programme and the smooth provision of the services provided by the programme ' s components , the commission shall , by means of implementing acts , determine the technical and operational specifications required for the implementation of and evolution of those components and of the services they provide after having consulted users , downstream players and all the other relevant stakeholders . when determining those technical and operational specifications , the commission shall avoid reducing the general security level and to meet a backward compatibility imperative .


### when necessary for the smooth functioning of the programme and the smooth provision of the services provided by the programme ' s components , the commission shall , by means of implementing acts , determine the technical and operational specifications required for the implementation of and evolution of those components and of the services they provide after having consulted users and all the other relevant stakeholders . when determining those technical and operational specifications , the commission shall avoid reducing the general security level and to meet a backward compatibility imperative . ### when necessary for the smooth functioning of the programme and the smooth provision of the services provided by the programme ' s components , the commission shall , by means of delegated acts , determine the high level specifications requirement for the implementation of and evolution of those components and of the services they provide after having consulted users and all the other relevant stakeholders . the commission shall avoid reducing the general security level and to meet a backward compatibility imperative . )


### the commission shall promote and ensure the uptake and use of the data and services provided by the programme ' s components in the public and private sectors , including by supporting appropriate development of those services and by fostering a stable long - term environment . it shall develop synergies between the applications of the various components of the programme . it shall ensure complementarity , consistency , synergies and links between the programme and other union actions and programmes . ### the commission shall contribute to and supervise the promotion of the uptake and use of the data and services provided by the programme ' s components in the public and private sectors , including by supporting appropriate development of those services and by fostering a stable long - term environment . it shall develop synergies between the applications of the various components of the programme . it shall ensure complementarity , consistency , synergies and links between the programme and other union actions and programmes . in particular , it should foster the synergies with the transport sector .


### undertake communication and promotion activities , and activities relating to the commercialisation of the services offered by galileo and egnos ; ### undertake communication and promotion activities , and activities relating to the commercialisation of the services offered by galileo and egnos ; develop applications and services tailored to users’ needs while targeting new user communities and added - value downstream markets and guaranteeing the use and dissemination of egnos and galileo data and services ; draw up an action plan for use by users of egnos and galileo services , including relevant standardisation and certification actions ;


### undertake communication and promotion activities , and activities relating to the commercialisation of the services offered by galileo and egnos ; ### undertake communication and promotion activities , in particular with regard to the services offered by galileo , egnos and copernicus ;


### the security of the programme should be based on the following principles : ### the security of the programme shall be based on the following principles :


### to that end , the commission shall ensure that a risk and threat analysis is performed for each programme ' s component . based on that risk and threat analysis , it shall determine , by means of implementing acts , for each component of the programme , the general security requirements . in doing so , the commission shall take account of the impact of those requirements on the smooth functioning of that component , in particular in terms of cost , risk management and schedule , and shall ensure not to reduce the general level of security or undermine the functioning of the existing equipment based on that component . those implementing acts shall be adopted in accordance with the examination procedure referred to in article 107 . ### to that end , the commission shall perform a risk and threat analysis for the copernicus , sst and govsatcom components and shall ensure that the agency performs a risk and threat analysis for the galileo and egnos components


### the entity responsible for the management of a component of the programme shall be responsible for managing the security of that component and shall , to that end , carry out risk and threat analysis and all the necessary activities to ensure and monitor the security of that component , in particular setting of technical specifications and operational procedures , and monitor their compliance with the general security requirements referred to in paragraph 1 . ### the commission shall be responsible for managing the security of the copernicus , sst and govsatcom components . the agency shall be responsible for managing the security of the galileo and egnos components . to that end , they shall carry out all the necessary activities to ensure and monitor the security of the components for which they are responsible , in particular the setting of technical specifications and operational procedures , and shall monitor their compliance with the general security requirements referred to in the third subparagraph of paragraph 1 .


### the management , maintenance , continuous improvement , evolution and protection of the ground - based infrastructure , in particular networks , sites and support facilities , including upgrades and obsolescence management ; ### the management , maintenance , continuous improvement , evolution and protection of the ground - based infrastructure , including the completion of the ground - based infrastructure located outside the eu territory but necessary for providing egnos full coverage of the territories of member states geographically located in europe , in particular networks , sites and support facilities , including upgrades and obsolescence management ;


### certification and standardisation operations ; ### performance oversight , certification and standardisation operations ;


### egnos data access service , which shall provide positioning and synchronisation information intended mainly for satellite navigation applications for professional or commercial use , offering improved performance and data with greater added value than those obtained through the eos ; ### egnos data access service , which shall be free of charge for user and provide positioning and synchronisation information intended mainly for satellite navigation applications for professional or commercial use , offering improved performance and data with greater added value than those obtained through the eos ;


### a safety - of - life service , which shall be free of direct user charges and shall provide positioning and synchronisation information with a high level of continuity , availability and accuracy , including an integrity message alerting users to any failure in , or out - of - tolerance signals emitted by , galileo and other gnsss which it augments in the coverage area , intended mainly for users for whom safety is essential , in particular in the sector of civil aviation for the purpose of air navigation services . ### “a safety - of - life service , which shall be free of direct user charges and shall provide positioning and time synchronisation information with a high level of continuity , availability , accuracy and integrity . this service is provided under the oversight of easa to ensure compliance to aviation safety requirements , including an integrity message alerting users to any failure in , or out - of - tolerance signals emitted by , galileo and other gnsss which it augments in the coverage area , it is intended mainly for users for whom safety is essential , in particular in the sector of civil aviation for the purpose of air navigation services


### the cost of such extension , including the related operating costs specific to these regions , shall not be covered by the budget referred to in article 11 . such extension shall not delay the offering of the services referred to in paragraph 1 throughout the territory of member states geographically located in europe . ### the cost of such extension , including the related operating costs specific to these regions , shall not be covered by the budget referred to in article 11 , but the european commission shall consider the exploitation of existing partnership programmes and , if appropriate , the development of specific financial instrument to support it . such extension shall not delay the offering of the services referred to in paragraph 1 throughout the territory of member states geographically located in europe .


### –land monitoring and agriculture to provide information on land cover , land use and land use change , urban areas , inland water quantity and quality , forests , agriculture and other natural resources , biodiversity and cryosphere ; ### –land monitoring , infrastructure building and monitoring and agriculture , to provide information on land cover , land use and land use change , urban areas , inland water quantity and quality , forests , agriculture and other natural resources , biodiversity and cryosphere ;


### the establishment , development and operation of a network of ground - based and / or space - based sensors of the member states , including sensors developed through the european space agency and nationally operated union sensors , to survey and track objects and to produce a european catalogue of space objects adapted to the needs of the users referred to in article 55 ; ### the establishment , development and operation of a network of ground - based and / or space - based sensors of the member states , including sensors developed through the european space agency and nationally operated union sensors , to survey and track objects and to produce , by the end of 2023 , a european catalogue of space objects adapted to the needs of the users referred to in article 55 ;


### the space weather function may support the following activities : ### the space weather function shall support the following activities :


### the neo function may support the following activities : ### the neo function shall support the following activities :


### the commission may coordinate the actions of the union and national public authorities concerned with civil protection in the event a neo is found to be approaching earth . ### the commission shall coordinate the actions of the union and national public authorities concerned with civil protection in the event a neo is found to be approaching earth .


### the commission shall adopt , by means of implementing acts , the service portfolio for services provided under govsatcom , in the form of a list of categories of satellite communication capacities and services and their attributes , including geographic coverage , frequency , bandwidth , user equipment , and security features . those measures shall be based on the operational and security requirements referred to in paragraph 1 and shall prioritise services provided to users at union level . those implementing acts shall be adopted in accordance with the examination procedure referred to in article 107 . ### the commission shall adopt , by means of implementing acts , the service portfolio for services provided under govsatcom , in the form of a list of categories of satellite communication capacities and services and their attributes , including geographic coverage , frequency , bandwidth , user equipment , and security features . those measures shall be based on the operational and security requirements referred to in paragraph 1 . those implementing acts shall be adopted in accordance with the examination procedure referred to in article 107 .


### legal persons duly accredited to provide satellite capacities or services in accordance with the security accreditation procedure in article 36 , based on the specific security requirements for the govsatcom component referred to in article 34 . ### legal persons duly accredited to provide satellite capacities or services in accordance with the security accreditation procedure in article 36 .


### pooled satellite communication capacities , services and user equipment shall be shared and prioritised between govsatcom participants on the basis of an analysis of security risks by the users at union and member state level . this sharing and prioritisation shall prioritise users at union level . ### pooled satellite communication capacities , services and user equipment shall be shared and prioritised between govsatcom participants on the basis of an analysis of security risks by the users at union and member state level .


### before the end of 2024 , the commission shall evaluate the implementation of the govsatcom component , notably as regards the evolution of the user needs in relation to the satellite communication capacity . the evaluation shall in particular examine the need for additional space infrastructure . the evaluation shall be accompanied , if necessary , by an appropriate proposal for the development of additional space infrastructure under the govsatcom component . ### the govsatcom shall be operational by the end of 2023 . before the end of 2024 , the commission shall evaluate the implementation of the govsatcom component , notably as regards the evolution of the user needs in relation to the satellite communication capacity . the evaluation shall in particular examine the need for additional space infrastructure . the evaluation shall be accompanied , if necessary , by an appropriate proposal for the development of additional space infrastructure under the govsatcom component .


### the members and alternate members of the administrative board shall be appointed in light of their knowledge in the field of the agency ' s core tasks , taking into account relevant managerial , administrative and budgetary skills . the european parliament , the commission and the member states shall endeavour to limit changes of their representatives on the administrative board , in order to ensure continuity of the board ' s activities . all parties shall aim to achieve a balanced representation between men and women on the administrative board . ### the members and alternate members of the administrative board shall be appointed in light of their knowledge in the field of the agency ' s tasks , taking into account relevant managerial , administrative and budgetary skills . the european parliament , the commission and the member states shall endeavour to limit changes of their representatives on the administrative board , in order to ensure continuity of the board ' s activities . all parties shall aim to achieve a balanced representation between men and women on the administrative board .


### the interim evaluation of the programme shall be performed once there is sufficient information available about the implementation of the programme , but no later than four years after the start of the programme implementation . ### the interim evaluation of the programme shall be performed once there is sufficient information available about the implementation of the programme , but no later than three years after the start of the programme implementation .


### by 30 june 2024 , and every five years thereafter , the commission shall assess the agency’s performance , in relation to its objectives , mandate , tasks and location , in accordance with commission guidelines . the evaluation shall , in particular , address the possible need to modify the mandate of the agency , and the financial implications of any such modification . it shall also address the agency’s policy on conflicts of interest and the independence and autonomy of the security accreditation board . ### by 30 june 2024 , and every three years thereafter , the commission shall assess the agency’s performance , in relation to its objectives , mandate , tasks and location , in accordance with commission guidelines . the evaluation shall address the possible need to modify the mandate of the agency , in particular regarding the possibility to entrust it with additional tasks , in accordance with article 30 , and the financial implications of any such modification . it shall also address the agency’s policy on conflicts of interest and the independence and autonomy of the security accreditation board .


### in order to swiftly incorporate into union law future binding amendments to the iccat recommendations , the power to adopt acts in accordance with article 290 of the treaty on the functioning of the european union should be delegated to the commission in respect of amending the annexes to this regulation . it is of particular importance that the commission carry out appropriate consultations during its preparatory work , including at expert level . the commission , when preparing and drawing up delegated acts , should ensure a simultaneous , timely and appropriate transmission of relevant documents to the european parliament and council . ### in order to swiftly and efficiently incorporate into european union law future binding amendments to the iccat recommendations , the power to adopt delegated acts incorporating or modifying certain non - essential elements of the annexes to this regulation should be delegated to the commission . it is of particular importance that the commission carry out appropriate consultations during its preparatory work including at expert level . the commission , when preparing and drawing up delegated acts , must ensure a simultaneous , timely and appropriate transmission of relevant documents to the european parliament and council .


### ‘ recreational fishery’ means non - commercial fishing activities exploiting marine living aquatic resources for recreation , tourism or sport ; ### ' recreational fishing ' : fishing of aquatic animals that do not constitute the individual ' s primary resource to meet basic nutritional needs and are not generally sold or otherwise traded on export , domestic or ' black ' markets ;


### in recent years , the challenge posed by corporate income tax avoidance has increased considerably and has become a major focus of concern within the union and globally . the european council in its conclusions of 18 december 2014 acknowledged the urgent need to advance efforts in the fight against tax avoidance both at global and union level . the commission in its communications entitled ' commission work programme 2016 - no time for business as usual ' 16 and ' commission work programme 2015 - a new start ' 17 identified as a priority the need to move to a system whereby the country in which profits are generated is also the country of taxation . the commission also identified as a priority the need to respond to our societies ' call for fairness and tax transparency . __________________ 16 com 610 final of 27 october 2015 . 17 com 910 final of 16 december 2014 . ### in recent years , the challenge posed by corporate income tax avoidance and aggressive tax planning has increased considerably and has become a major focus of concern within the union and globally . the european council in its conclusions of 18 december 2014 acknowledged the urgent need to advance efforts in the fight against tax avoidance both at global and union level . the commission in its communications entitled ' commission work programme 2016 - no time for business as usual ' 16 and ' commission work programme 2015 - a new start ' 17 identified as a priority the need to move to a system whereby the country in which profits are generated is also the country of taxation . in this way , by requiring companies to pay tax in the country in which income is generated , public scrutiny can reinforce public trust and strengthen corporate social responsibility , helping to enhance welfare levels . the commission also identified as a priority the need to respond to our societies ' call for fairness and tax transparency with a view to establishing an equitable and efficient corporate tax system in the eu . __________________ 16 com 610 final of 27 october 2015 . 17 com 910 final of 16 december 2014 .


### the european parliament in its resolution of 16 december 2015 on bringing transparency , coordination and convergence to corporate tax policies in the union18 acknowledged that increased transparency in the area of corporate taxation can improve tax collection , make the work of tax authorities more efficient and ensure increased public trust and confidence in tax systems and governments . __________________ 18 2015 / 2010 . ### the european parliament in its resolution of 16 december 2015 on bringing transparency , coordination and convergence to corporate tax policies in the union18 acknowledged that increased transparency , cooperation and convergence in the area of corporate taxation policy in the union can improve tax collection , make the work of tax authorities more efficient and ensure increased public trust and confidence in tax systems and governments . __________________ 18 2015 / 2010 .


### calling for a globally fair and modern international tax system in november 2015 , the g20 endorsed the oecd ‘ action plan on base erosion and profit shifting’ which aimed at providing governments with clear international solutions to address the gaps and mismatches in existing rules which allow corporate profits to shift to locations of no or low taxation , where no real value creation may take place . in particular , beps action 13 introduces a country - by - country reporting by certain multinational undertakings to national tax authorities on a confidential basis . on 27 january 2016 , the commission adopted the ‘ anti - tax avoidance package’ . one of the objectives of that package is to transpose into union law , the beps action 13 by amending council directive 2011 / 16 / eu20 . __________________ 20 council directive 2011 / 16 / eu of 15 february 2011 on administrative cooperation in the field of taxation and repealing directive 77 / 799 / eec . ### calling for a globally fair and modern international tax system in november 2015 , the g20 endorsed the oecd ' action plan on base erosion and profit shifting ' which aimed at providing governments with clear international solutions to address the gaps and mismatches in existing rules which allow corporate profits to shift to locations of no or low taxation , where no real value creation may take place . in particular , beps action 13 introduces a country - by - country reporting by certain multinational undertakings to national tax authorities on a confidential basis . this specific beps action was translated into union law by means of council directive 2016 / 881 . __________________ 20 council directive 2016 / 881 of 25 may 2016 amending directive 2011 / 16 / eu as regards mandatory automatic exchange of information in the field of taxation .


### since the objective of this directive cannot be sufficiently achieved by the member states but can rather , by reason of its effect , be better achieved at union level , the union may adopt measures , in accordance with the principle of subsidiarity as set out in article 5 of the treaty on european union . in accordance with the principle of proportionality as set out in that article , this directive does not go beyond what is necessary in order to achieve that objective . ### since the objective of this directive cannot be sufficiently achieved by the member states but can rather , by reason of its effect , be better achieved at union level , the union may adopt measures , in accordance with the principle of subsidiarity as set out in article 5 of the treaty on european union . the eu action is thus justified in order to address the cross - border dimension where there is aggressive tax planning or transfer pricing arrangements . this initiative responds to the concerns expressed by interested parties about the distortions in the single market without compromising eu competitiveness . it should not cause undue administrative burden on companies , generate further tax conflicts or pose the risk of double taxation . in accordance with the principle of proportionality as set out in that article , this directive does not go beyond what is necessary in order to achieve that objective at least with regard to greater transparency .


### this directive respects the fundamental rights and observes the principles recognised in particular by the charter of fundamental rights of the european union . ### overall , within the framework of this directive , the extent of the information is proportionate to the objectives of increasing public transparency and public scrutiny . this directive is therefore considered to respect the fundamental rights and observes the principles recognised in particular by the charter of fundamental rights of the european union .


### in accordance with the joint political declaration of 28 september 2011 of member states and the commission on explanatory documents24 , member states have undertaken to accompany , in justified cases , the notification of their transposition measures with one or more documents explaining the relationship between the components of a directive and the corresponding parts of national transposition instruments . with regard to this directive , the legislator considers the transmission of such documents to be justified . __________________ 24 oj c 369 , 17 . 12 . 2011 , p . 14 . ### in accordance with the joint political declaration of 28 september 2011 of member states and the commission on explanatory documents24 , member states have undertaken to accompany , in justified cases , the notification of their transposition measures with one or more documents explaining the relationship between the components of a directive and the corresponding parts of national transposition instruments , for example in the form of a comparative chart . with regard to this directive , the legislator considers the transmission of such documents to be justified to achieve the objective of this proposal and avoid potential omissions and inconsistencies regarding implementation by the member states under their national legislation . __________________ __________________ 24 oj c 369 , 17 . 12 . 2011 , p . 14 .


### member states shall require ultimate parent undertakings governed by their national laws and having a consolidated net turnover exceeding eur 750 000 000 as well as undertakings governed by their national laws that are not affiliated undertakings and having a net turnover exceeding eur 750 000 000 to draw up and publish a report on income tax information on an annual basis . ### member states shall require ultimate parent undertakings governed by their national laws which on their balance sheet in a financial year have or exceed a consolidated net turnover of eur 750 000 000 as well as undertakings governed by their national laws that are not affiliated undertakings and having a net turnover exceeding eur 750 000 000 to draw up , publish and make accessible for free a report on income tax information .


### member states shall require ultimate parent undertakings governed by their national laws and having a consolidated net turnover exceeding eur 750 000 000 as well as undertakings governed by their national laws that are not affiliated undertakings and having a net turnover exceeding eur 750 000 000 to draw up and publish a report on income tax information on an annual basis . ### in line with the turnover thresholds agreed at oecd level , member states shall require ultimate parent undertakings governed by their national laws and having a consolidated net turnover exceeding eur 750 000 000 as well as undertakings governed by their national laws that are not affiliated undertakings and having a net turnover exceeding eur 750 000 000 to draw up and publish a report on income tax information on an annual basis .


### member states shall require branches which are opened in their territories by an undertaking which is not governed by the law of a member state to publish on an annual basis the report on income tax information of the ultimate parent undertaking referred to in point of paragraph 5 of this article . ### member states shall require branches which are opened in their territories by an undertaking which is not governed by the law of a member state to publish and make accessible for free on an annual basis the report on income tax information of the ultimate parent undertaking referred to in point of this paragraph .


### the information referred to in paragraph 1 shall comprise the following : ### the information referred to in paragraph 1 shall be presented in a common eu template and shall comprise the following :


### the number of employees ; ### the average number of employees during the financial year ;


### the report shall present the information referred to in paragraph 2 separately for each member state . where a member state comprises several tax jurisdictions , the information shall be combined at member state level . ### the report shall present the information referred to in paragraph 2 separately for each member state . even if a member state comprises several tax jurisdictions , the information shall be presented jointly on a member state level .


### member states shall ensure that the members of the administrative , management and supervisory bodies of the ultimate parent undertaking referred to in article 48b , acting within the competences assigned to them under national law , have collective responsibility for ensuring that the report on income tax information is drawn up , published and made accessible in accordance with articles 48b , 48c and 48d . ### to strengthen accountability towards third parties and ensure appropriate governance , member states shall ensure that the members of the administrative , management and supervisory bodies of the ultimate parent undertaking referred to in article 48b , acting within the competences assigned to them under national law , have collective responsibility for ensuring that the report on income tax information is drawn up , published and made accessible in accordance with articles 48b , 48c and 48d .


### before adopting a delegated act , the commission shall consult experts designated by each member state in accordance with the principles laid down in the interinstitutional agreement on better law - making of [ date ] . ’ ### before adopting a delegated act , the commission shall consult experts designated by each member state in accordance with the principles laid down in the interinstitutional agreement on better law - making of [ date ] , taking particular account of the provisions of the treaties and the charter of fundamental rights of the european union . ’


### four members with the right to vote representing civil society and food chain interests namely , one from consumers organisations , one from environmental non - governmental organisations , one from farmers organisations and one from industry organisations . those members shall be appointed by the council in consultation with the european parliament on the basis of a list drawn up by the commission which includes more names than there are posts to be filled . the list drawn up by the commission shall be forwarded to the european parliament , together with the relevant background documents . as quickly as possible and within three months of notification , the european parliament may submit its views for consideration to the council , which shall then appoint those members . ### six members with the right to vote representing civil society and food chain interests namely , one from consumers organisations , one from environmental non - governmental organisations , one from farmers organisations , one from fisheries and aquaculture organisations , one from the agrochemical industry and one from the food industry . those members shall be appointed by the council in consultation with the european parliament on the basis of a list drawn up by the commission which includes more names than there are posts to be filled . the list drawn up by the commission shall be forwarded to the european parliament , together with the relevant background documents . as quickly as possible and within three months of notification , the european parliament may submit its views for consideration to the council , which shall then appoint those members .


### notwithstanding paragraph 1 , disclosure of names and addresses of natural persons involved in testing on vertebrate animals or in obtaining toxicological information shall be deemed to significantly harm the privacy and the integrity of those natural persons and shall not be made publicly available , unless there is an overriding public interest . ### notwithstanding paragraph 1 , disclosure of names and addresses of natural persons involved in testing on vertebrate animals or in obtaining toxicological information shall be deemed to significantly harm the privacy and the integrity of those natural persons .


### in order to facilitate the introduction of natural gas vehicles the current total hydrocarbons emission limit should be increased and the effect of methane emissions should be taken into account and expressed as a co2 equivalent for regulatory and consumer information purposes . ### in order to facilitate the introduction of natural gas vehicles the current total hydrocarbons emission limit must be increased and the effect of methane emissions must be taken into account and expressed as a co2 equivalent for regulatory and consumer information purposes .


### after publication of the delegated acts adopted in accordance with the second subparagraph and at the manufacturer ' s request , this regulation shall apply to vehicles of categories m1 , m2 , n1 and n2 as defined in annex ii to directive 2007 / 46 / ec of the european parliament and of the council* with a reference mass exceeding 2 610 kg but with a maximum vehicle mass not exceeding 5 000 kg . the commission shall be empowered to adopt delegated acts in accordance with article 14a concerning the detailed rules on the application of this regulation to vehicles of categories m1 , m2 , n1 and n2 as defined in annex ii to directive 2007 / 46 / ec with a reference mass exceeding 2 610 kg but with a maximum vehicle mass not exceeding 5 000 kg . the delegated acts shall ensure in particular that at chassis dynamometer tests the actual operational mass of the vehicle is appropriately considered for determining the equivalent inertia as well as other default power and load parameters . ____________________ * oj l 263 , 9 . 10 . 2007 , p . 1 . ' . ### after publication of the delegated acts adopted in accordance with the second subparagraph and at the manufacturer ' s request , this regulation shall apply to vehicles of categories m1 , m2 , n1 and n2 as defined in annex ii to directive 2007 / 46 / ec of the european parliament and of the council* with a reference mass exceeding 2 610 kg but with a maximum technically permissible laden mass not exceeding 7 500 kg . the commission shall be empowered to adopt delegated acts in accordance with article 14a concerning the detailed rules on the application of this regulation to vehicles of categories m1 , m2 , n1 and n2 as defined in annex ii to directive 2007 / 46 / ec with a reference mass exceeding 2 610 kg but with a maximum technically permissible laden mass not exceeding 7 500 kg . the delegated acts shall ensure in particular that at chassis dynamometer tests the actual operational mass of the vehicle is appropriately considered for determining the equivalent inertia as well as other default power and load parameters . ____________________ * oj l 263 , 9 . 10 . 2007 , p . 1 . ' .


### the power to adopt delegated acts referred to in the second subparagraph of article 2 , article 5 , article 8 and in article 14 to shall be conferred on the commission for an indeterminate period of time from [ … ] [ publications office , please insert the exact date of entry into force ] . ### the power to adopt delegated acts referred to in the second subparagraph of article 2 , article 5 , article 8 and in article 14 to shall be conferred on the commission for a period of five years from the [ date of entry into force of this directive ] . the commission shall draw up a report in respect of the delegation of power not later than nine months before the end of the five - year period . the delegation of power shall be tacitly extended for periods of an identical duration , unless the european parliament or the council opposes such extension not later than three months before the end of each period .


### the commission shall adopt measures for the implementation of this article including measures in relation to the following : ### in article 5 , the first sentence is replaced by the following : ' 4 . the commission shall be empowered to adopt delegated acts in accordance with article 12a in order to develop the specific procedures , tests and requirements for type - approval set out in this article , including requirements in relation to the following : ' .


### disclosure of information in case of offers of securities to the public or admission of securities to trading on a regulated market is vital to protect investors by removing asymmetries of information between them and issuers . harmonising this disclosure allows for the establishment of a cross - border passport mechanism which facilitates the effective functioning of the internal market in a wide variety of securities . ### disclosure of information in case of offers of securities to the public or admission of securities to trading on a regulated market is vital to protect investors by reducing asymmetries of information between them and issuers . harmonising this disclosure allows for the establishment of a cross - border passport mechanism which facilitates the effective functioning of the internal market in a wide variety of securities .


### the summary of the prospectus should be a useful source of information for investors , in particular retail investors . it should be a self - contained part of the prospectus and should focus on key information that investors need in order to be able to decide which offers and admissions to trading of securities to consider further . such key information should convey the essential characteristics of , and risks associated with , the issuer , any guarantor , and the securities offered or admitted to trading on a regulated market . it should also provide the general terms and conditions of the offer . in particular , the presentation of risk factors in the summary should consist of a limited selection of specific risks which the issuer considers to be the most material ones . ### the summary of the prospectus should be a useful source of information for investors , in particular retail investors . it should be a self - contained part of the prospectus and should focus on key information that investors need in order to be able to decide which offers and admissions to trading of securities to consider further . such key information should convey the essential characteristics of , and risks associated with , the issuer , any guarantor , and the securities offered or admitted to trading on a regulated market , including unique identifiers such as the legal entities identifiers of the actors involved in the offer and the international securities identification numbers of the securities . it should also provide the general terms and conditions of the offer . in particular , the presentation of risk factors in the summary should consist of a limited selection of specific risks which the issuer considers to be the most material ones .


### the summary of the prospectus should be a useful source of information for investors , in particular retail investors . it should be a self - contained part of the prospectus and should focus on key information that investors need in order to be able to decide which offers and admissions to trading of securities to consider further . such key information should convey the essential characteristics of , and risks associated with , the issuer , any guarantor , and the securities offered or admitted to trading on a regulated market . it should also provide the general terms and conditions of the offer . in particular , the presentation of risk factors in the summary should consist of a limited selection of specific risks which the issuer considers to be the most material ones . ### the summary of the prospectus should be a useful source of information for investors , in particular retail investors . it should be a self - contained part of the prospectus and should focus on key information that investors need in order to be able to decide which offers and admissions to trading of securities they want to study further by looking into the whole of the prospectus with the purpose of making an informed investment decision . such key information should convey the essential characteristics of , and risks associated with , the issuer , any guarantor , and the securities offered or admitted to trading on a regulated market . it should also provide the general terms and conditions of the offer . in particular , the presentation of risk factors in the summary should consist of a limited selection of specific risks which the issuer considers to be the most material ones .


### the minimum information required to be disclosed by smes under the specific disclosure regime should be calibrated in a way that focuses on information that is material and relevant for companies of such size and their investors , and should aim at ensuring proportionality between the size of the company and its fundraising needs , on the one hand , and the cost of producing a prospectus , on the other hand . in order to ensure smes can draw up prospectuses without incurring costs that are not proportionate to their size , and thus the size of their fundraising , the specific disclosure regime for smes should be more flexible than that applying to companies on regulated markets to the extent compatible with ensuring that the key information necessary to the investors is disclosed . ### the reduced information required to be disclosed by smes under the specific disclosure regime should focus on information that is material and relevant for companies of such size and their investors . it should aim at ensuring proportionality between the size of the company and its fundraising needs , on the one hand , and the cost of producing a prospectus , on the other hand . in order to ensure smes can draw up prospectuses without incurring costs that are not proportionate to their size , and thus the size of their fundraising , the specific disclosure regime for smes should be more flexible than that applying to companies on regulated markets to the extent compatible with ensuring that the key information necessary to the investors is disclosed .


### the summary shall be drawn up as a short document written in a concise manner and of a maximum of six sides of a4 - sized paper when printed . it shall : ### the summary shall be drawn up as a short document written in a concise manner and of a maximum of ten sides of a4 - sized paper when printed . by way of derogation from the first subparagraph , the competent authority may extend the maximum length of the summary where the complexity of the issuer ' s business , the nature of the issue , or the nature of the securities issued so requires . the summary shall :


### the introduction of the summary shall contain the name of the securities , the identity and contact details of the issuer , the offeror or the person seeking admission , the identity and contact details of the home competent authority and the date of the document . it shall contain warnings that : ### the introduction of the summary shall contain the name and international securities identification numbers of the securities , the identity and contact details of the issuer including its legal entity identifier , the identity and contact details of the offeror including its lei in the event that the offeror has legal personality , or of the person seeking admission , the identity and contact details of the home competent authority and the date of the document . it shall contain warnings that :


### under a sub - section titled ' what are the key risks that are specific to the securities ? ' a brief description of no more than five of the most material risk factors specific to the securities , contained in the category of highest materiality according to article 16 . ### under a sub - section titled ' what are the key risks that are specific to the securities ? ' a brief description of the most material risk factors specific to the securities .


### the risk factors featured in a prospectus shall be limited to risks which are specific to the issuer and / or the securities and are material for taking an informed investment decision , as corroborated by the content of the registration document and the securities note . they shall be allocated across a maximum of three distinct categories which shall differentiate them by their relative materiality based on the issuer ' s assessment of the probability of their occurrence and the expected magnitude of their negative impact . ### in the context of securities transactions , the risk factors featured in a prospectus shall be limited to risks which are both material and specific to the issuer and / or the securities for taking an informed investment decision , as corroborated by the content of the registration document and the securities note . those risks may be allocated according to the type of risk .


### without prejudice to article 30 of regulation no 1095 / 2010 , esma shall organise and conduct at least one peer review of the scrutiny and approval procedures of competent authorities , including notifications of approval between competent authorities . the peer review shall also assess the impact of different approaches with regard to scrutiny and approval by competent authorities on issuers ' ability to raise capital in the european union . the report on this peer review shall be published no later that three years after the date of application of this regulation . in the context of this peer review , esma shall , where appropriate , request opinions or advice from the securities and markets stakeholder group referred to in article 37 of regulation no 1095 / 2010 . ### without prejudice to article 30 of regulation no 1095 / 2010 , esma shall also organise and conduct at least one peer review of the scrutiny and approval procedures of competent authorities , including notifications of approval between competent authorities . the peer review shall also assess the impact of different approaches with regard to scrutiny and approval by competent authorities on issuers ' ability to raise capital in the european union . the report on this peer review shall be published no later than three years after the date of application of this regulation . the report shall also be accessible in an online format . in the context of this peer review , esma shall , where appropriate , request opinions or advice from the securities and markets stakeholder group referred to in article 37 of regulation no 1095 / 2010 .


### for the purpose of article 27 , and , where deemed necessary , for the purpose of article 26 , the competent authorities of member states shall conclude cooperation arrangements with supervisory authorities of third countries concerning the exchange of information with supervisory authorities in third countries and the enforcement of obligations arising under this regulation in third countries . those cooperation arrangements shall ensure at least an efficient exchange of information that allows the competent authorities to carry out their duties under this regulation . ### for the purpose of article 27 , and , where deemed necessary , for the purpose of article 26 , the competent authorities of member states shall conclude supervisory cooperation arrangements with the competent authorities of third countries concerning the exchange of information and the enforcement of obligations arising under this regulation in third countries . those supervisory cooperation arrangements shall ensure an efficient exchange of information that allows the competent authorities to carry out their duties under this regulation .


### on 7 october 2010 , the european parliament passed a resolution calling for the union to legislate along the lines of the us ' conflict minerals ' law alias section 1502 of the dodd - frank wall street reform and consumer protection act ; and the commission announced in its communications of 20119 and 201210 its intention to explore ways of improving transparency throughout the supply chain , including aspects of due diligence . in the latter communication and in line with the commitment it had made at the may 2011 oecd ministerial council , the commission also advocated greater support for and use of the oecd guidelines for multinational enterprises , and of the oecd due diligence guidance – even outside the oecd membership . 9 commodity markets and raw materials , com 25 final . 10 trade , growth and development , com 22 final . ### in its resolutions of 7 october 20101 , of 8 march 20112 , of 5 july 20113 and of 26 february 20144 , the european parliament called for the union to legislate along the lines of the us ' conflict minerals ' law alias section 1502 of the dodd - frank wall street reform and consumer protection act ; and the commission announced in its communications of 20119 and 201210 its intention to explore ways of improving transparency throughout the supply chain , including aspects of due diligence . in the latter communication and in line with the commitment it had made at the may 2011 oecd ministerial council , the commission also advocated greater support for and use of the oecd guidelines for multinational enterprises , and of the oecd due diligence guidance – even outside the oecd membership . __________________ 1 european parliament resolution of 7 october 2010 on failures in protection of human rights and justice in the democratic republic of congo 2 european parliament resolution of 8 march 2011 on tax and development – cooperating with developing countries on promoting good governance in tax matters . 3 european parliament resolution of 5 july 2011 on increasing the impact of eu development policy . 4 european parliament resolution of 26 february 2014 on promoting development through responsible business practices , including the role of extractive industries in developing countries 5 commodity markets and raw materials , com 25 final . 6 trade , growth and development , com 22 final .


### in the context of this regulation , supply chain due diligence is an on - going , proactive and reactive process through which business operators monitor and administer their purchases and sales with a view to ensuring that they do not contribute to conflict and adverse impacts thereof . ### in the context of this regulation , supply chain due diligence is , as described within the oecd due diligence guidance , an on - going , proactive and reactive process through which business operators monitor and administer their purchases and sales with a view to ensuring that they do not contribute to conflict and adverse impacts thereof .


### union companies have expressed their interest through the public consultation in the responsible sourcing of minerals and reported on current industry schemes designed to pursue their corporate social responsibility objectives , customer requests , or the security of their supplies . however , union companies have also reported countless difficulties in the exercise of supply chain due diligence because of lengthy and complex global supply chains involving a high number of operators that are often insufficiently aware or ethically unconcerned . the cost of responsible sourcing and their potential impact on competitiveness notably on smes should be monitored by the commission . ### union companies have expressed their interest through the public consultation in the responsible sourcing of minerals and reported on current industry schemes established by business to support due diligence in accordance with oecd guidelines and designed to pursue their corporate social responsibility objectives , customer requests , or the security of their supplies . however , union companies have also reported countless difficulties in the exercise of supply chain due diligence because of lengthy and complex global supply chains involving a high number of operators that are often insufficiently aware or ethically unconcerned . the cost of responsible sourcing and their potential impact on competitiveness notably on smes and on companies exposed to global competition should be fully mapped out prior to implementation , as well as be monitored and reported on by the commission , and should be revised if a negative impact is identified .


### smelters and refiners are an important point in global mineral supply chains as they are typically the last stage in which due diligence can effectively be assured by collecting , disclosing and verifying information on the mineral’s origin and chain of custody . after this stage of transformation it is often considered unfeasible to trace back the origins of minerals . a union list of responsible smelters and refiners could therefore provide transparency and certainty to downstream companies as regards supply chain due diligence practices . ### smelters and refiners are an important point in global mineral supply chains as they are typically the last stage in which due diligence can effectively be assured by collecting , disclosing and verifying information on the mineral’s origin and chain of custody . after this stage of transformation it is often considered unfeasible to trace back the origins of minerals . a union list based upon existing lists of responsible smelters and refiners could therefore provide transparency and certainty to downstream companies as regards supply chain due diligence practices .