Proposal for a COUNCIL DECISION concerning the conclusion of a Cooperation Agreement between the European Economic Community and the Republic of Finland on a research and technological development programme in the field of renewable raw materials: forestry and wood products ( including cork ), " FOREST "
Date: 1991-11-15
Institutions: European Commission
Subjects: Finland, research and development, scientific cooperation, silviculture, wood product

COMMISSION  OF  THE  EUROPEAN  COMMUNITIES 

COM(91) 403 final - SYN 366 

Brussels, 15 November  1991 

Proposal  for a 

COUNCIL DECISION 

concerning the conclusion of a Cooperation Agreement  between the 

European Economic Community  and the Republic of Finland  on a 

research and technological development  programme  in the field 

of renewable raw materials: forestry and wood  products 

(including  cork),  "FOREST" 

(presented by the  Commission) 

J 

EXPLANATORY  UEHORANDUU 

Subject: 

for 

a  Council  Decision 

Proposal 
Coopérât  Ion  Agreement  between 
the  Republic  of  Finland 
In 
programme 

on  a  research 
renewable 

field 

the 

of 

concerning 

of  a 
the  European  Economic  Community  and 
development 

and  technological 

the  conclusion 

raw 

materials. 

1.  By  Its  Decision 
R&TD programme 

of  20th  November  1989(1), 

the  Council 

adopted  a 

specific 

In 

the 

fields 

of 

raw  materials 

and  recycling 

(1990-1992). 

2.  Article 

8  of 

this 

Decision 

authorises 

agreements  with 
countries 
technical 
wholly  or  partly  with 

cooperation 

having 

framework 

concluded 
with 
the  programme. 

specified 

third 

countries, 

the  Commission 
Including 
for 

agreements 

to 
those 
scientific 

negotiate 
European 
and 
them 

the  Community,  with  a  view 

to  associâtIng 

3. 

the  context 

of 

the 

IfIc 

In 
sclent 
Finland, 
Council 
participate 
programme, 
renewable 

and  technical 
the  conclusion 
Decision 
In 
relating 

of 
one 

to 

raw  material 

Implementation 
cooperation 

of 

between 

of  which  on  behalf 

of 

9th 
February 
subprogramme 

1987, 

of 

the 

the  Framework  Agreement 
for 
the  European  Communities  and 
the 
to 
Community 
as  a 

the  EEC was  approved  by 
has  asked 

country 
above  mentioned 

(Including 

cork) 

this 

forestry 
(FOREST). 

and  wood  products 

European  cooperation 
Is  Justified 
research 
problems 
and 
technological 
as  a  raw  material. 
blotechnologlcal 
guarantee 
forest 

Industries 

and 
a  significant 

the  need 
disci  piInes 

Inside 

within 
by 

the 

field 

of 

the  cross-border 

forestry 
forest 
nature  of  silviculture 

and 

to  unite 

the  skills 

of  sclent  1st s 

Only  Joint 

In  order 

to 
efforts 

Improve 

the 

Industrial 

In  promoting 

and  adapting 

technological 
contribution 
Europe. 

findings 
to 

the  development 

within 

this 
of 

from 

Industrial 
research 
various 
use  of  wood 
recent 
can 
and 

sector 
forestry 

Considering 
this  Community  subprogramme  can  be  of  mutual  advantage, 
negotiated  with 

of  Finland  with 

the  association 

the  attached 

country 

draft 

that 

this 

the 

Agreement. 

Implementation 

of 
the  Commission 

by 

During 
proposed 
participation 
Introduced 
exist 
In 
the  EC and  these 

the  negotiations, 

the  Commission 
In 

the 

Finland 

accepted 
and 
environmental 
the 

- 

the  bilateral 
used 

recently 

programme 

agreement 
EFTA 
This 

for 
"STEP". 

a  new  element 

the  S  &  T  cooperation 

"Cooperation 
agreements  previously 

Committee"  -  which  did 

concluded 

pattern 
country 
pattern 
not 
between 

countries. 

(1) 

O.J.  No.  L  359.  8.12.1989. 

p.16. 

iï* 

allows 

these  countries 

The  new  pattern 
R&D  programmes  which  are  managed by  committees 
Decision  87/373/EEC  of  13th  July  1987  and  takes 
phase  procedure 
meeting  of  20th  November  1989  at  which  the  programme  on  raw  materials 
recycling  was  adopted. 
Commission  Communication  to  the  Council  of  13th  June 

the  Community 
laid  down  In  the  Council 
three-
Into  account 
the  Council 
and 
the 

the  statements  minuted  at 

This  procedure  was  detailed 

In  paragraph  7  of 

to  part  Ici  pate 

described 

1990(2'. 

the 

In 

In 

7. 

The  Commission  will 
functions  of 
for 
provided 

endeavour 

to  achieve 

consistency 

the  Cooperation  Committee  and  the  coordination 
In  Article 

of  the  proposed  draft 

Agreement. 

3(4) 

between 

the 
requirement 

8.  Finland 

having 
that 

accepted  as  a 
raw  materials 

fundamental  criterion 

of 

reference 

and  recycling  was  and  has 

principle 
Community  programme 
safeguarded, 

In  which 

the  Community 

Interests 

a  draft  Agreement  has  been  agreed. 

the 
remain  a 
to  be 

to 
have 

9.  The  draft  Agreement,  which 

Is  annexed  to 

the  attached 

proposal 

for  a 

Council  Decision,  provides 

for: 

- 

- 

- 

the  association 
mentioned  Community  subprogramme; 

of  Finland  with 

the 

Implementation 

of 

the  above 

contribution 
a  financial 
be  carried 
the 
In 
out 
management  and  administrâtIve 
subprogramme;  this 
domestic  product 
the  Community  budget  (relevant 
the  financial 

Annexes  C  and  D; 

financial 

from  Finland 
framework  of 

the 
for 
research 

operating  expenditure 

contribution 

funding  of 
contracts 
for 
Is  proportlonal 

the  work  to 
the 
and  of 
the  Community 
to  the  gross 
to 
In  conformity  with 

budget  heading  602) 

(GDP)  of  Finland; 

the  funds  paid  will  be  credited 

the  entitlement 
research  proposals  and  to  conclude 
the  Commission; 

of  persons  and  research  bodies 

the  related 

to  submit 
from  Finland 
research  contracts  with 

of  a  Cooperation  Committee  with 

the  establIshment 
the  Community  and  Finland, 
Agreement  and  mutual  coordination 
of 
of 

procedure. 

Information 
the  "FOREST"  subprogramme.  The  Committee  shall 

and 

to  ensure  a  proper 

Implementation 

representatives 
of 

of 
the 
on  the  development 
adopt 

Its  own  rules 

10. 

the  nature  of  the  cooperation, 

any  additional 

expenditure 

In  view  of 
from 
from 
financial 

the  Community  budget 
Implementation  of 
the 
contribution 

from  Finland. 

(relevant 
this  draft  Agreement  will 

budget  heading  B6-8004) 

be  covered  by 

paid 
resulting 
the 

11.  The  Commission  proposes  that 

the  Council  adopt 

the  attached  proposal 

for 

a 

Decision. 

(2) 

Communication 
countries" 

(COU (90)  256 

final). 

to 

the  Council 

"Cooperation 

In  S  &  T  with 

third 

^Ir*v. 

Proposal  for a 

COUNCIL DECISION 

concerning  the  conclusion  of  a  Cooperation  Agreement  between  the  European 

Economic  Community  and  the  Republic  of  Finland  on  a  research  and  technological 

development  programme  in the field of renewable raw materials:  forestry and wood 

products  (including  cork),  "FOREST". 

THE COUNCIL OF THE EUROPEAN  COMMUNITIES, 

Having  regard  to the Treaty establishing  the European  Economic  Community,  and  In 

particular  Article  130 Q (2) thereof. 

Having  regard  to the proposal  from the Commission (1), 

in cooperation with  the European Parliament (2), 

Having  regard  to the opinion of the Economic and Social  Committee (3), 

WHEREAS  by  Decision  89/626/EEC  (4), the Council  adopted  a  specific  research  and 

technological  development  programme  In the fields of  raw materials  and recycling 

(1990-1992);  whereas  Article  8  of  this  Decision  authorises  the  Commission  to 

negotiate  agreements  with  specified  third  countries,  including  those  European 

countries  having  concluded  framework  agreements  for  scientific  and  technical 

cooperation with  the Community,  with  a view  to associating  them wholly or  partly 

with  the programme; 

WHEREAS  by  Decision  87/177/EEC  (5),  the  Council  approved  the  conclusion,  on 

behalf  of  the  European  Economic  Community,  of  the  Framework  Agreements  for 

scientific  and  technical  cooperation  between  the European  Communities and, among 

others, the Republic of Finland; 

WHEREAS  the Government  of Finland has asked  to participate  in one subprogramme of 

the  above  mentioned  Community  research  programme,  relating  to  forestry  and  wood 

products  (including  cork) as a renewable raw material  (FOREST); 

(1)  O.J. N- C 

(2)  O.J. N' C 

(3)  O.J. N* C 

(4)  O.J. N* L 359, 8.12.1989, p. 16. 

(5)  O.J. N* L  71, 14.03.1987, p. 29. 

i. 

WHEREAS  the  Community  and  Finland  expect  to  obtain  mutual  benefit  from 

coopérât Ion, 

HAS DECIDED AS FOLLOWS : 

Article 1 

The  Cooperation  Agreement  between  the  European  Economic  Community  and  the 

Republic  of  Finland  on  the  research  and  technological  development  programme  In 

the  field  of  renewable  raw  materials  Is  hereby  approved  on  behalf  of  the 

Community. 

The text of  the Agreement  is attached to this Decision. 

Article 2 

The President  of  the Council  shall  carry out  the notification  as provided  for  in 

Article 10 of the Agreement. 

Done at 

For the CounciI 

The President 

SL\i 

COOPERATION  AGREEMENT 

BETWEEN THE  EUROPEAN ECONOMIC  COMMUNITY 

AND  THE  REPUBLIC  OF  FINLAND 

ON  RESEARCH AND  TECHNOLOGICAL  DEVELOPMENT 

IN  THE  FIELD  OF  RENEWABLE  RAM  MATERIALS: 

FORESTRY  AND  WOOD  PRODUCTS (INCLUDING  CORK) 

("FOREST". 

1990-1992) 

Y 
-  2 hvr\ 

THE EUROPEAN  ECONOMIC  COMMUNITY,  hereinafter 

called 

"the  Community" 

and 

"THE REPUBLIC OF  FINLAND",  hereinafter 

called 

"Finland" 

both  hereinafter 

called 

the  "ContractIng 

Parties" 

WHEREAS the  Community  and  Finland 
sclent  IfIc 
1987; 

technical 

and 

cooperation  which  entered 

concluded  a  Framework  Agreement 
Into 

for 
force  on  17  July 

WHEREAS,  by  Decision 
Communities,  hereinafter 
fields 
of  raw  materials 
a  subprogramme  relating 
renewable 
subprogramme"; 

raw  material 

of  20  November  1989. 

the  Council 
"the  Council",  adopted  a  RTD programme  In 

of 

called 
and  recycling 
to  forestry 

(1990-1992), 

which 

Includes 

and  wood  products 

(Including 

(FOREST), 

hereinafter 

called 

the  European 
the 
alia 
as  a 
"the  Community 

Inter 
cork), 

Improve 

WHEREAS  the  association 
to 
the  efficacy 
Parties 
duplication 

In  the  fields  of  forestry 
efforts; 

of 

of  Finland  with 
research 
of 

the 

the  Community  subprogramme  can  help 

the 
and  wood products  and  can  avoid 

out  by 

carried 

Contracting 
the  useless 

WHEREAS  the  ongoing  talks, 
Commun! ty  and  the  EFT A  countries 
of  R  &  D,  the  Contracting  Parties 
continued  cooperation 
Into 
this  development 

consideration; 

relating 

to  a  European  Economic  Area,  between  the 
In  the  area 

lead 

to 

are 

likely 
should  endeavour 

to  a  result 
to  find  solutions 

for 
sector  which 

the 
take 

In  the  field  of  R  &  D  In  the  forestry 

WHEREAS 
Finland's 

the  Community  and  Finland 
association  with 

the  Community  subprogramme, 

expect 

to  obtain  mutual  benefit 

from 

HAVE  AGREED  AS  FOLLOWS  : 

Is  hereby  associated  as  from  20  November  1989  with 

Finland 
of 
the  Community  subprogramme  as  set  out 
the  subprogramme  and  the  Community's  rate  of 
out 

In  Annex  B. 

In  Annex  A.  The 

financial 

the 

Implementation 
Implement at  Ion  of 
are  set 

participation 

ARTICLE  z 

the  Community  subprogramme,  shall 

,  deriving 

from 

to 

of 

of  Finland 

contribution 

Implementation 

The  financial 
the 
proportion 
European  Communities 
obiIgatIons 
financial 
referred 
hereinafter 
carried  out 
In  the  framework  of  shared-cost 
the 
administrative 

the  amount  available 
for 
of 

appropriations 
the  Commission  of 
to  as  "the  Commission", 

operating  expenditure 

Implementation 

each  year 

for 

of 

the  Community  subprogramme  and 

the  European 
resulting 
research  contracts 

Its  association 

be  establI  shed 

with 
In 
the 
to  meet 
Communities, 
to  be 
for 
from  management  and 

from  work 

necessary 

In 
covering 

the  general  budget  of 
commitments 

the  said  subprogramme. 

The  proportional 
by  establtshlng 
market  prices, 
the  Member  States  of 
calculated 
Organisation 

on 

factor  governing  Finland's 

Ity 
the  ratio  between  Finland's 

and  the  sum  of  gross  domestic  products, 

the  Community  and  of  Finland. 

the  basis  of 

the 

latest 

available 

contribution 

gross  domestic  product 

shall  be  obtained 
(GDP),  at 
of 
be 
the 

at  market  prices, 
shall 
ratio 
This 
stat  1st leal  data  of 

for  Economic  Cooperation  and  Development 

(OECD). 

The  funds  est  I mated  as  necessary 
amount  of  Finland's 
estimates  are  set  out 

contribution 
In  Annex  C. 

to  carry  out  the  Community  subprogramme, 

and 

the 

11 met able 

of 

the 
the  commitment 

The  rules  governing  Finland's 

financial 

contribution 

are  set  out 

In  Annex  D. 

the  Agreement,  a  Cooperation  Committee  to  assist 

the 

In 

For  the  purposes  of 
Commission 
the 
development  subprogramme  In  the  field  of 
Decision 
the  Council 
1989(1), 
establI  shed. 

of 
hereinafter 

Implement at  Ion  of 

of 
referred 

to 

research 

the 
forestry 

technological 
adopted  by 
the  European  Communities  of  20  November 
hereby 
"the  Committee", 

(1990-1992), 

and 

as 

Is 

The  Committee  shall  consist  of  représentât 
Finland. 

Ives  of  the  Community and 

(1)  Council  Decision 

89/626/EEC 

- 4 

3. 

The  Committee  shall 
Implementation 
recommendat Ions. 

of 

be  consulted 
the  Agreement. 

for  all 

For 

this 

the  matters 
purpose. 

concerning 
It 

the 
shall  make 

4.  The  representative 

the  Community  shall 

take 

of 
between  the 

Implementation  of 

taken  by  the  Community  In  respect  of 

ensure  coordination 
decisions 
Community subprogramme. 

the  appropriate 

to 
this  Agreement  and  the 
the 

Implementation  of 

steps 

the 

5. 

6. 

the  purpose  of 

For 
Contracting 
either  Party,  shall  hold  consultations  within 

Implementation 
Information 

the  proper 

exchange 

Parties 

shall 

of 
and.  at 
the  Committee. 

the 

the  Agreement, 

the 
request  of 

The  Committee  shall  adopt 
request  of  either 
the 
at 
conditions 

to  be  laid  down  In 

Its  own  rules  of  procedure  and  It  shall  meet, 
the 

In  accordance  with 

Contracting 

Party, 
rules  of  procedure. 

Its 

ARTICLE 4 

and  development  bodies  and  persons, 

the  submission  and  evaluation 
the  granting 

and  conclusion  of  contracts 

for 
for 

research 

For  Finnish 
conditions 
conditions 
subprogramme  shall  be  limited 
subprogramme. 
contracts  within 
mutandis, 
and  persons  as  far  as  questions 
the  utilization 

In  particular, 

of  research 

the  Community  shall  apply  subject 

to  research  contracts  with  Finnish 

relating 

to  taxation 

results 

are  concerned. 

the 

under 

of  proposals  and  the 

terms  and 
terms  and 
the  Community 
from  contracts  under  the  same 
research 
mutatis 
research  and  development  bodies 
and  customs  duties  and 

appl/cable 
to  this  article, 

to 

to  those  arising 
the  general  provisions 

ARTICLE g 

The  Commission  shall  send  to  Finland 
accordance  with  Article 
the  European  Communities. 

4  of 

the  reports 
the  above  mentioned  Decision  of 

a  copy  of 

establ  I shed 
In 
the  Council  of 

- 5 -

Article  g 

Each  Contracting  Party  undertakes, 
and  regulations, 
participating 
this  Agreement. 

to  fact  I It  ate 

In  Finland 

and  In 

In  accordance  with 

rules 
the  movement and  residence  of  research  workers 
covered  by 

the  Community  In 

the  activities 

respective 

their 

Article  7 

The  Commission  and  the  Technology  Development  Centre  of  Finland  shall 
the  Implementation  of 

this  Agreement. 

ensure 

Article  8 

Annexes  A,B,C  and  D  to  this  Agreement  shall  be  an  Integral 

part 

thereof 

Article  9 

1.  This  Agreement  shall 

be  concluded 

for 

the  duration 

of 

the  Community 

subprogramme. 

Should  the  Community  revise 
be  denounced  under  mutually 
notified 
of 
each  other  within 
adopted 

If  a  termination 

the  exact  content  of 

of 

of 

three  months  after 

the  Community  subprogramme,  the  Agreement may 
agreed 
be 
the  revised  subprogramme  within  one week 
notify 
has  been 

the  Community  decision 

conditions. 

Finland 

shall 

shall 

Its  adoption  by  the  Community.  The  Contracting  Parties 

the  Agreement  Is  envisaged. 

2.  Where  the  Community  adopts  a  new  R&D 

programme 

In 

the 

forestry 
under  mutually  agreed 

and  wood products, 

conditions. 

this  Agreement  may be  renegotiated 

of 
fields 
or  renewed 

3.  Subject 

to  paragraph 

Contracting 
1,  either 
the  Agreement  with  six  months  notice. 

the  time  of 

term/nation 

and/or  expiry  of 

they  are  completed  under 

Party  may  at  any 
The  projects 

time 
in 
this  Agreement  shall 
laid  down  in 

and  work 

the  conditions 

terminate 
progress  at 
be  continued  until 
this  Agreement. 

6 -

Article  10 

This  Agreement  shall  be  approved  by  the  Contracting  Parties 
with 

their  existing 

procedures. 

In  accordance 

It  shall  enter 
each  other  of  the  completion  of  the  procedures  necessary 

force  on  the  date  on  which  the  Contracting  Parties 

for 

this 

purpose. 

Into 

notify 

Article  11 

This  Agreement  shall  apply,  on  the  one  hand,  to  the  territories 
Treaty  establIshlng 
conditions 
of 

In  which 
the  European  Economic  Community  Is  applied  and  under 

laid  down  In  that  Treaty  and.  on  the  other  hand,  to  the 

Finland. 

the 
the 
territory 

Article 

\Z 

This  Agreement  shall  be  drawn  up  In  duplicate 
French,  German,  Greek, 
each  of  these 

texts  being  equally 

authentic. 

Italian, 

Portuguese,  Spanish  and  Finnish 

In  the  Danish,  Dutch, 

English, 
languages, 

For  the  European 
Economic Community 

For  the  Republic  of  Finland 

- / 

ANNEX  A 

COMMUNITY  SUBPROGRAMME  IN  THE  FIELD 

OF  RENEWABLE  RAW  MATERIALS: 

FORESTRY  AND WOOD  PRODUCTS  (INCLUDING CORK) 

("FOREST", 

1990-1992) 

The  Community  subprogramme  shall 

cover 

the 

following 

research 

areas: 

Indicative 

allocation 

of 

funds 

(ECU  million) 

1. 
1.1 
1.2 
1.3 

resources 
Forest 
Tree 
Improvement 
Planning  and  management 
Forest 

protection 

2. 
2.1 
2.2 

3. 
3.1 
3.2 

Wood and  cork 
Quality 
Processing 

assessment 

technology 

technologies 

lutp  end  paper 
Improvement 
Improvement  of  paper  manufacture 

manufacturing 

In  pulping 

and 

bleaching 
and 

coating 

Total  12 

-  8  -

IMPLEMENTATION  OF  THE SUBPROGRAMME  AND 
THE COMMUNITY'S  RATE  OF FINANCIAL PARTICIPATION 

ANNEX  B 

The  subprogramme  shall  be  Implemented  by  means  of 

(I) 

shared-cost 

research 

contracts. 

(II) 

concerted 

actions, 

(III) 

coordination 

activities. 

(Iv) 

education  and  training 

activities 

and 

(v) 

studies  and  assessments. 

Is  open 

The  subprogramme 
Industrial 
Individuals, 
Finland. 
As  a  rule  projects  must  be  transnational 
In  a  project  must  be  establ  I shed  In  the  Community. 

companies. 
or  any  combination 

to  universities, 

thereof  established 

Including 

small 

research 
and  medium-sized 

organisations 

and 
enterprises. 
In 
least  one  partner 

In  the  Community  and 

and  at 

the 

contracts, 

For  shared-cost 
exceed  50%  of 
according 
respect  of  uni  vers  it  les  and  research 
subprogramme, 
Involved. 

the  nature 

total 

to 

the  Community  participation 
but 

expenditure, 

this 

percentage 

shall 

not 
may  be 

<:nd  the  stege  of  development 
carrying 

Institutes 

the 

of 
out  projects 

research. 
In 

normally 
varied 
In 
this 
expenditure 

the  Community  may  bear  up  to  100% of 

the  additional 

- 9 

FINANCIAL  PROVISIONS 

ANNEX  C 

1.  According 

to 

the  Council  Decision  adopting 

amount  estimated  as  necessary 
shall  be  12.000,000 

ecus. 

to  carry  out 

the  FOREST subprogramme, 

the 
this  Community  subprogramme 

2.  Finland's 

financial 

contribution 

subprogramme  Is  estimated 
with  other  possible 
mentioned  amount,  as  foreseen 

contributions 

for 

the  Community 
to  be  280,423  ecus  and  shall  be  added,  along 
the  above 

Its  association 

from 

to 

third 

to 
2  of  this  Agreement. 

countries, 

In  Article 

3. 

The  Indicative 
subprogramme  and  Finland's 

timetable 

for 

the  committment  appropriations 
are  as 

follows: 

contribution 

of  the  FOREST 

Community  Committments 

1990 

1991 

1992 

TOTAL 

(ECU) 

Management  and 
Administration 
Operations 

Contracts 

TOTAL 

Finland's 

contribution 

Management  and 
Administration 
Operations 

Contracts 

TOTAL 

456.000 

5 JO.000 

490.000 

1.456.000 

2.644.000 

6.090.000 

1.810.000 

10.544.000 

3.100.000 

6.600,000 

2.300,000 

12.000.000 

10,656 

11.918 

11.451 

34.025 

61,786 

72.442 

142,315 

42,297 

246.398 

154,233 

53,748 

280,423 

-  10 

-

ANNEX D 

FINANCING  RULES 

The  Annex 

lays 

down 

the  detailed 

rules 

governing 

Finland's 

financial 

contribution 

referred 

to 

In  Article 

2  of 

the 

Agreement. 

2. 

At 

the  beginning 

of  each  year,  or  whenever 

the  Community  subprogramme 

Is 

revised 

so  as  to 

Involve 

an 

Increase 

In 

the  amount  estimated 

as 

necessary 

for 

Its 

Implementation, 

the  Commission  shall 

send 

to  Finland 

a  call 

for 

funds  corresponding 

to 

Its  contribution 

to 

the  costs  under 

the 

Agreement. 

This 

contribution 

shall 

be  expressed 

both 

In  ecus 

and 

In 

the 

Finnish 

currency, 

the  composition 

of 

the  ecu  being  defined 

In  Council 

Regulation 

(EEC)  No. 

3180/78(1). 

as  amended  by  Regulation 

(EEC)  No. 

1971/89(2>. 

The  value 

In  Finnish 

currency 

of 

the  contribution 

In 

ecu 

shall 

be 

determined 

on  the  date  of 

the  call 

for 

funds. 

Finland 

shall 

pay 

Its 

contribution 

to 

the 

annual 

cost 

under 

the 

Agreement 

at 

the  beginning 

of  each  year  and  at 

the 

latest 

three  months 

after 

the 

call 

for 

funds 

Is  sent. 

Any  delay 

In 

the  payment 

of 

the 

contribution 

shall 

give 

rise 

to 

the  payment  of 

interest 

by  Finland 

at  a 

rate 

equal 

to 

the  highest 

discount 

rate  obtained 

In 

the  Member  States 

of 

the  Community  on  the  due  date. 

The  rate  shall 

be 

Increased 

by  0.25  of  a 

percentage 

point 

for  each  month  of 

delay. 

The 

Increased 

rate 

shall 

be  applied 

to 

the 

entire 

period 

of 

delay. 

However, 

this 

Interest 

shall 

be  payable  only 

If 

the  contribution 

Is  paid 

more 

than 

three  months  after 

a  call 

for 

funds 

has  been  made  by 

the 

CommIssI  on. 

Travel 

costs 

of  Finnish 

representatives 

and  experts 

arising 

from 

their 

participation 

In 

the  work  of 

the  Committee 

referred 

to 

In  Article 

3  of 

the  Agreement 

shall 

be  reimbursed 

by 

the  Commission 

In  accordance 

with 

the  procedures 

currently 

In 

force 

for 

the 

representatives 

and  experts 

of 

the  Member  States 

of 

the  Community  and. 

In  particular. 

In  accordance 

with 

Council  Decision 

no.  84/338/Euratom. 

ECSC.EEC(3>. 

(1)  OJ  No  L  379.  30.12.1978. 
(2)  OJ  No  L  189.  04.07.1989. 
(3)  OJ  No  L177.  04.07.1984, 

p.1. 
P.  1. 
25. 

P. 

//  -

3.  The  funds  paid  by  Finland 

shall  be  credited 

as  budget  receipts 
to 
of  revenue  of  the  general  budget  of  the  European  Communities. 

Its  appropriate 

allocated 

In 

to  the  Community subprogramme 
the  statement 

heading 

4.  The  Financial  Regulation 

In  force  applIcable 

to  the  general  budget  of 

European  Communities  shall  apply 

to  the  management of 

the  appropriât 

the 
Ions. 

5.  At  the  end  of  each  year,  a  statement  of  appropriations 
transmitted 

prepared 

shall 

and 

be 

subprogramme 
Information. 

for 
to 

the  Community 
for 

Finland 

ISSN 0254-1475 

COM(91) 403 final 

DOCUMENTS 

EN 

11 15 

Catalogue number : CB-CO-91-464-EN-C 

ISBN 92-77-76761-8 

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