No C 298/6 Official Journal of the European Communities 9.11.84 
II 
(Preparatory Acts) 
COMMISSION 
Proposal for a Council Regulation concerning the conclusion of the Agreement in the 
form of an exchange of letters between the European Economic Community and Spain on 
the granting of specific financial aid to facilitate and accelerate the adjustment of fishing 
capacity in Spain 
COM(84) 569 final 
(Submitted by the Commission to the Council on 18 October 1984) 
(84/C 298/08) 
THE COUNCIL OF THE EUROPEAN 
COMMUNITIES, 
Having regard to the Treaty establishing the 
European Economic Community, and in particular 
Article 235 thereof, 
Having regard to the proposal from the Commission, 
Having regard to the opinion of the European 
Parliament, 
Whereas the Agreement in the form of an exchange 
of letters between the European Economic 
Community arid Spain on the granting of specific 
financial aid to facilitate and accelerate the 
adjustment of fishing capacity in Spain should be 
approved, 
HAS ADOPTED THIS REGULATION: 
Article 1 
The Agreement in the form of an exchange of letters 
between the European Economic Community and Spain on the granting of specific financial aid to faci­
litate and accelerate the adjustment of fishing 
capacity in Spain is hereby approved on behalf of the 
Community. 
The text of the Agreement is annexed to this Regu­
lation. 
Article 2 
The President of the Council shall give the 
notification provided for in Article 9 of the Annex to 
the Agreement ('). 
Article 3 
This Regulation shall enter into force on the third 
day following its publication in the Official Journal of 
the European Communities. 
This Regulation shall be binding in its entirety and 
directly applicable in all Member States. 
(') The date of the entry force of the Agreement will be 
published in the Official Journal of the European 
Communities by the General Secretariat of the Council. 
Letter No 1 
Sir, 
On the European Economic Community decided to grant, in anticipation of 
Spain's accession to the European Communities, financial aid to Spain to accelerate the 
adjustment of the capacity of the Spanish fleet to the situation as regards resources and 
to facilitate the integration of the said fleet into the Community fleet and the proper 
application of the Community rules in Spain. 
9.11.84 Official Journal of the European Communities No C 298/7 
At the negotiations held in Brussels on , the Community and Spanish Delegations 
agreed on the arrangements and terms for the granting of the aid; these are set forth in 
the Annex to this letter. 
I would be grateful if you would acknowledge receipt of this letter and the Annex 
thereto and if you would confirm your Government's agreement with the contents 
thereof. 
Please accept, Sir, the assurance of my highest consideration. 
For the Council 
of the European Communities 
Letter No 2 
Sir, 
I have the honour to acknowledge receipt of your letter of today's date and of the 
Annex thereto. Your letter reads as follows: 
'On the European Economic Community decided to grant, in anticipation of 
Spain's accession to the European Communities, financial aid to Spain to accelerate 
the adjustment of the capacity of the Spanish fleet to the situation as regards 
resources and to facilitate the integration of the said fleet into the Community fleet 
and the proper application of the Community rules in Spain. 
At the negotiations held in Brussels on , the Community and Spanish 
Delegations agreed on the arrangements and terms for the granting of the aid; these 
are set forth in the Annex to this letter. 
I would be grateful if you would acknowledge receipt of this letter and the Annex 
thereto and if you would confirm your Government's agreement with the contents 
thereof.' 
I have the honour to confirm that my Government is in agreement with the contents of 
the letter and the Annex thereto. 
Please accept, Sir, the assurance of my highest consideration. 
For the Government of Spain 
ANNEX 
Article 1 
The European Economic Community shall contribute, by way of exception and on the terms laid 
down hereinafter, towards the financing of specific measures taken by the Spanish Government with 
a view to accelerating the adjustment of the fishing capacity of the Spanish fleet to the situation as 
regards resources, facilitating the integration of the said fleet into the Community fleet and 
favouring the proper application of Community rules in Spain. 
Article 2 
For the purposes specified in Article 1, the amount of 28,5 million ECU may be committed, as 
non-reimbursable aids charged to the Community budget, for the financing of measures to bring 
about a permanent reduction in the fishing capacity of vessels flying the flag of Spain and 
measuring 12 m or more in length between perpendiculars. However, a net reduction of 12 500 grt 
must first be achieved before measures to reduce capacity still further can qualify for such aids. 
No C 298/8 Official Journal of the European Communities 9.11.84 
Article 3 
The Spanish Government shall submit to the Commission the measures which it plans to take 
pursuant to Article 2. These measures shall be approved by the Commission in accordance with the 
procedure laid down in Article 7 of Directive 83/515/EEC, account being taken of the objectives 
specified in Article 1. 
Article 4 
The Community aids referred to in Article 2 shall cover 50 % eligible expenditure by the Spanish 
Government on the implementation of measures approved by the Commission in accordance with 
Article 3. Such eligible expenditure may not exceed 650 ECU per grt permanently withdrawn from 
fishing activities. 
Article 5 
The execution of the measures financed under this Agreement shall be the responsibility of the 
Spanish State. 
The Community shall verify that its financial assistance is used for the purposes laid down and in 
the most economic manner. 
Article 6 
The Spanish authorities shall provide the representatives of the Community with any assistance 
required for the implementation of this Agreement. 
Article 7 
There shall be no further financial commitment relating to the aids provided for in this Agreement 
after the date of accession. 
Applications for reimbursement shall be submitted to the Commission by the Spanish Government 
no later than five months after the date of accession. 
Article 8 
The granting of the aids provided for in this Agreement may be reviewed by the Joint Committee 
referred to in Article 13 of the Agreement between the European Economic Community and Spain. 
Article 9 
This Agreement shall enter into force on the first day of the month following mutual notification by 
the Parties that the procedures necessary for this purpose have been completed. 
Proposal for a Council Regulation amending Regulation (EEC) No 652/79 on the impact 
of the European Monetary System on the common agricultural policy 
COM(84) 565 final 
(Submitted by the Commission to the Council on 19 October 1984) 
(84/C 298/09) 
THE COUNCIL OF THE EUROPEAN 
COMMUNITIES, 
Having regard to the Treaty establishing the 
European Economic Community, and in particular 
Article 43 thereof, be applied for the purposes of the common agri­
cultural policy ('), as last amended by Regulation 
(EEC) No 2543/73 (2), and in particular Article 3 
thereof, 
Having regard to Council Regulation No 129 on the 
value of the unit of account and the exchange rates to O OJ No 106, 30. 10. 1962, p. 2553/62. 
O OJ No L 263, 19. 9. 1973, p. 1.