CELEX: 51976PC0336(02)
Language: en
Date: 1976-06-30
Title: PROPOSAL FOR A COUNCIL REGULATION CONCERNING AID TO PROJECTS OF COMMUNITY INTEREST IN THE FIELD OF TRANSPORT INFRASTRUCTURE

2. 9. 76                          Official Journal of the European Communities                            No C 207/9
              Proposal for a Council Regulation on support for projects of Community interest in
                                                transport infrastructure
                            (Submitted by the Commission to the Council on 5 July 1976)
 THE COUNCIL OF THE EUROPEAN COMMUNITIES,                       for the execution of transport infrastructure projects
                                                                of Community interest referred to in Article 1 of
 Having regard to the Treaty establishing the European           the Council Decision establishing a consultation pro-
 Economic Community, and in particular Article 75               cedure and creating a committee for transport
 thereof,                                                        infrastructure.
 Having regard to the proposal from the Commission,              The aim looked for is to give selective assistance for
                                                                the undertaking of a limited number of important
 Having regard to the opinion of the European                   projects.
 Parliament,
                                                                The projects likely to be financed fall particularly in
 Having regard to the opinion of the Economic and
                                                                the following groups:
 Social Committee,
 Whereas the implementation of the common                       — projects to be undertaken in the territory of a
 transport policy involves the establishment of                      Member State the failure of which to be
 Community measures aiming at the coordinated                        undertaken creates a bottleneck in Community
 development of links within the Community;                          traffic,
 Whereas, due to national constraints a certain                 — cross-frontier projects which are not sufficiently
 number of projects of Community interest having a                   viable to pass the threshold, based on available
 considerable importance for the Community are not                   resources, where a Member State would be
 financed by the Member States acting alone;                        willing to intervene,
 Whereas it is essentially the responsibility of the           — projects having a socio-economic profitability at
 Member States to finance such projects of                           the national level which is insufficient to justify
 Community interest; whereas because of some of                      their undertaking but from the Community point
 their specifically Community implications there                     of view, taking account of the Community's
 should however be a procedure by which the                          objectives, have a greater benefit,
 Community might grant them support, in particular
 when this support will mean that they are given               — projects which facilitate the standardization of
priority;                                                            equipment and the synchronization of work on
                                                                    the Community communications network.
Whereas the Community should enjoy every means
which will enable it to assess the interest of each
project from case to case; this assessment must take                                     Article 2
 place as part of the procedure implemented to
guarantee a coordinated development of links within
                                                               Aid given to a project can take the form of a
the Community;
                                                                Community participation in the finance of a project
Whereas the Commission is responsible for making               by the granting of the following advantages: loan
proposals concerning the allocation of financial               guarantees; loans; subsidies; interest rate reductions;
support measures;                                              taking account of the other financial interventions of
                                                               a Community nature which the project might benefit
Whereas the recipients shall inform the Community              from.
of the work's state of progress,
                                                                                         Article 3
HAS ADOPTED THIS REGULATION:
                                                               Any project of Community interest for which the
                                                               financial support referred to in Article 1 is requested
                       Article 1                               must be submitted in advance for the consultation
                                                               referred to in Article 3 of the Council Decision of . . .
The Community, under the conditions laid down in               establishing a consultation procedure and creating a
the following Articles, may grant its financial support        committee for transport infrastructure.
 ---pagebreak--- No C 207/10                         Official Journal of the European Communities                                2. 9. 76
                         Article 4                             (b) the obligations towards the Community that the
                                                                    beneficiary has to agree to.
The request for financial support shall be forwarded
to the Commission by the Member State or Member                3.    This report and the justified opinion are to be
States on whose territory the project is to be carried         forwarded to the Council and the Parliament annexed
out.                                                           to the general introduction to the draft budget of the
                                                               European Communities, which will include, in the
                                                               section dealing with the expenditure of the
It shall include the necessary assessment factors, in          Commission, a special chapter intended to bring
particular:                                                    together all the credits for the financial support of
                                                               projects mentioned in Article 1.
— the assessment of the expenditure forecast, broken
     down into the various items,
                                                                                       Article 6
— an estimated schedule of work and financial
     commitments,
                                                               The party or parties responsible for carrying out a
— a cost-benefit study.                                        project receiving financial support in accordance with
                                                               this Community Regulation shall forward to the
                                                               Commission, at the Commission's request, a report
The Commission may ask the Member States for any
                                                               on the state of progress of the work on this project
additional information which is may consider
necessary for assessing the project.                           and      on   the    expenditure    allocated    to    its
                                                               accomplishment. The Commission shall have access
                                                               at all times to the accounts relating to each project.
                         Article 5
                                                                                       Article 7
1.     TKe Commission shall consult the Member
States on the request for financial support forwarded          The information received in accordance with this
to it. This consultation shall take place within the            Regulation shall be treated in confidence.
Committee established in accordance with Article 4
of the Council Decision establishing a consultation
procedure and creating a committee for transport                                       Article 8
infrastructure.
                                                                This Regulation shall enter into force on the day
                                                               following its publication in the Official Journal of
2.     The Commission will prepare a report with a
                                                                the European Communities.
justified opinion including notably:
 (a) the possible allocation of the aids figuring under         This Regulation shall be binding in its entirety and
      Article 2 of this Regulation;                            directly applicable in all Member States.