27. 9. 86 Official Journal of the European Communities No C 243/3 
II 
(Preparatory Acts) 
COMMISSION 
Proposal for a Council Regulation amending the Regulation on the common organization of the 
market in wine 
COM(86) 460 final 
(Submitted by the Commission to the Council on 15 September 1986) 
(86/C 243/05) 
THE COUNCIL OF THE EUROPEAN COMMUNITIES, HAS ADOPTED THIS REGULATION: 
Having regard to the Treaty establishing the European 
Economic Community, and in particular Article 43 
thereof, 
Having regard to the proposal from the Commission, 
Having regard to the opinion of the European 
Parliament, 
Having regard to the opinion of the Economic and 
Social Committee, 
Whereas, in order to reduce the quantity of wine 
delivered for distillation, it is advisable to provide a fresh 
outlet for concentrated grape must; 
Whereas research conducted by the Commission since 
1983 shows that concentrated grape must can satis­
factorily be used in feedingstuffs; whereas it is therefore 
advisable to make such an option available and to insert 
in the Council Regulation a provision which, via an aid 
scheme, makes the use of concentrated grape must in 
feedingstuffs a viable proposition; 
Whereas the aid should be fixed at a sufficient level 
without causing any undue adverse effect on the 
competitiveness of the products which are normally used 
at present; whereas it should be specified that the 
amount of aid should be fixed in such a way as to 
prevent an artificial increase in the Community's wine­
growing potential via the production of excessive 
quantities of grape must intended solely for the feed 
industry; whereas provision should be made for 
restricting the quantity of must used in feed, Article 1 
Article 45 of Regulation (EEC) No . . . ./86 is hereby 
replaced by the following: 
Article 45 
1. A system of aid is hereby instituted for the use of: 
— concentrated grape musts, 
— rectified concentrated grape musts 
produced in the Community, when they are used in 
order to increase the alcoholic strengths referred to in 
Article 18 of this Regulation and in Article 8 (2) of 
Regulation (EEC) No 338/79. 
2. The grant of aid referred to in paragraph 1 may be 
reserved for the products referred to in paragraph 1 
coming from wine-growing zones C III a) if the trade 
patterns in must and coupage wines cannot be 
guaranteed without this measure. 
Where it is decided to reserve the grant of aid as 
referred to in the first subparagraph, this shall also 
apply to rectified concentrated grape musts produced 
outside the wine-growing zones referred to in that 
subparagraph in plant which started production 
thereof before 30 June 1982. 
3. The amount of aid shall be fixed in ECU per % vol 
potential alcoholic strength and per hectolitre of 
concentrated grape must or rectified concentrated 
grape must, taking into account the difference 
between the cost of enrichment by means of these 
products and by means of sucrose. 
4. A further aid scheme is hereby introduced for the use, 
in feedingstuffs, of concentrated grape must produced 
in the Community. 
No C 243/4 Official Journal of the European Communities 27.9.86 
5. The amount of the aid referred to in paragraph 4 
shall be fixed in ECU per % vol potential alcoholic 
strength and per hectolitre of concentrated grape 
must, account being taken of the effect, on the 
feedingstuff's price, of the replacement of a 
traditional component by concentrated grape must. 
Moreover, the amount shall be fixed in such a way as 
to prevent any increase in concentrated grape must 
production which might result from such must being 
produced solely for use in animal feed. 
6. The amount of the aid referred to in paragraph 4 
shall not exceed that granted under the preventive 
distillation scheme. 
7. In accordance with the procedure laid down in Article 
83: 
— the amount of the aid referred to in paragraphs 1 
and 4 shall be fixed annually before 31 August, 
— the conditions for granting the aid referred to in 
paragraphs 1 and 4, and the other detailed rules 
THE COUNCIL OF THE EUROPEAN COMMUNITIES, 
Having regard to the Treaty establishing the European 
Economic Community, and in particular Article 57 (2) 
thereof, 
Having regard to the proposal from the Commission, 
Having regard to the opinion of the European 
Parliament, 
Having regard to the opinion of the Economic and 
Social Committee, 
Whereas common standards for the own funds of credit 
institutions are an important cornerstone in building up 
an internal market in the banking sector since they serve 
to ensure the continuity of credit institutions, to protect 
savings, to enhance banking supervision and to foster 
future coordination in the banking field; 
Whereas the common standards would in principle apply 
to all credit institutions authorized in the Community; 
Whereas there exist in some Member States provisions 
requiring particular own funds standards for specialized 
institutions which undertake mortgage credit business; 
whereas since such provisions are generally more strict 
than those applicable to non-specialized credit 
institutions, the abovementioned common standards may for the application of this Article, shall be laid 
down, 
— the limit to the total quantity of concentrated 
grape must to be used in feedingstuffs shall, if 
necessary, be determined. 
8. The Commission shall present to the Council a report 
which will enable the latter, before 1 September 1990, 
to scrutinize the operation of the scheme referred to 
in paragraph 4.' 
Article 2 
This Regulation shall enter into force on the third day 
following its publication in the Official Journal of the 
European Communities. 
It shall apply from 1 September 1987. 
This Regulation shall be binding in its entirety and 
directly applicable in all Member States. 
be adapted to suit their particular needs; whereas those 
provisions should be reviewed when Community 
measures are adopted enabling mortgage credit 
institutions to operate abroad; 
Whereas the own funds of a credit institution can serve 
to absorb losses which are not matched by prospective 
profits of sufficient volume and thereby as such play a 
vital role in ensuring the continuity of the institution; 
whereas the own funds also serve as an important 
yardstick to the competent authorities for assessing, for 
example, the solvency of credit institutions and for other 
prudential purposes; 
Whereas since credit institutions in a common banking 
market engage in direct competition with each other, the 
definitions and standards pertaining to own funds must 
be equivalent; whereas, to that end, the criteria for 
determining the composition of own funds should not be 
left solely to national authorities; whereas, through the 
adoption of such common criteria, the best interest of 
the Community would be served through the avoidance 
of competitive distortions together with the 
strengthening of the banking industry of the 
Community; 
Whereas the definition laid down in the Directive 
provides for a maximum of elements and qualifying 
amounts, leaving to each Member State a discretion to 
use all or part of such elements or to adopt lower 
ceilings for the amounts which are deemed qualifiable; Proposal for a Council Directive on the own funds of credit institutions 
COM(86) 169 final 2 
(Submitted by the Commission to the Council on 18 September 1986) 
(86/C 243/06)