2001/387/EC: Commission Decision of 15 May 2001 granting to Spain a transitional period of two years to bring its accounting systems into line with Regulation (EC) No 2516/2000 of the European Parliament and of the Council (notified under document number C(2001) 1415)
Date: 2001-05-15
Institutions: European Commission
Subjects: EU statistics, European accounting system, Spain, financial statistics, transitional period (EU)

L 137/32

EN

Official Journal of the European Communities

19.5.2001

COMMISSION DECISION

of 15 May 2001

granting to Spain a transitional period of two years to bring its accounting systems into line with
Regulation (EC) No 2516/2000 of the European Parliament and of the Council

(notified under document number C(2001) 1415)

(Only the Spanish text is authentic)

(2001/387/EC)

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European
Community,

(5)

their accounting systems into line with Regulation (EC)
No 2516/2000.

For many years Spain has based its national accounts'
recording of taxes and social contributions on assess-
ment and declarations. It has provided to the Commis-
sion sufficient objective evidence of the need to improve
its knowledge of the receipts of these amounts in order
to bring its accounting systems into line with Regulation
(EC) No 2516/2000.

(6)

Spain has presented to the Commission a work
programme in which all public national authorities
concerned are involved,

HAS ADOPTED THIS DECISION:

Article 1

In accordance with Article 7 of Regulation (EC) No 2516/2000
the Commission grants to Spain a transitional period of two
years in order to bring its accounting systems in line with this
Regulation, no later than 7 November 2002.

This Decision is addressed to the Kingdom of Spain.

Article 2

Done at Brussels, 15 May 2001.

For the Commission

Pedro SOLBES MIRA

Member of the Commission

Having regard to Council Regulation (EC) No 2223/96 of 25
June 1996 on the European system of national and regional
accounts in the Community (1) (ESA 95), as last amended by
Regulation (EC) No 2516/2000 of the European Parliament
and of the Council (2),

Whereas:

(1)

(2)

(3)

Regulation (EC) No 2223/96 on ESA 95 contains the
reference framework of common standards, definitions,
classifications and accounting rules for drawing up the
accounts of the Member States for the statistical require-
ments of the Community, in order to obtain comparable
results between Member States.

Regulation (EC) No 2516/2000 ensures better compar-
ability and transparency among the Member States in
the recording of taxes and social contributions in ESA
95 for the excessive deficit procedure. Net lending/net
borrowing of general government shall not
include
amounts of taxes and social contributions unlikely to be
collected.

Article 7 of Regulation (EC) No 2516/2000 states that
Member States may ask the Commission for a trans-
itional period of no more than two years in which to
bring their accounting systems into line with Regulation
(EC) No 2516/2000.

(4)

By letter dated 10 January 2001, the Spanish authorities
requested a transitional period of two years to bring

(1) OJ L 310, 30.11.1996, p. 1.
(2) OJ L 290, 17.11.2000, p. 1.