CELEX: 31974L0059
Language: en
Date: 1973-12-17 00:00:00
Title: Council Directive of 17 December 1973 on the extension of the period of validity of the Directive of 20 July 1972 concerning aids to shipbuilding

11 . 2. 74                           Official Journal of the European Communities                            No L 38 / 1
                                       (Acts whose publications is not obligatory)
                                                      COUNCIL
                                                  COUNCIL DIRECTIVE
                                                   of 17 December 1973
              on the extension of the period of validity of the Directive of 20 July 1972 concerning
                                                    aids to shipbuilding
                                                        (74/59/EEC)
THE COUNCIL OF THE EUROPEAN COMMUNITIES ,                         Whereas it does not appear possible, having regard to
                                                                  the complexity of these proposals, that the Council
                                                                  can reach a decision on the Commission's proposals
Having regard to the Treaty establishing the                      before 31 December 1973 , the date of expiry of the
European Economic Community and in particular                     Council Directive of 20 July 1972 ;
 Articles 92 and 113 thereof;
                                                                 Whereas provision should therefore be made for an
Having regard to the proposal of the Commission ;                 extension of the period of validity of the Council
                                                                 Directive of 20 July 1972 ; and a period of six months
                                                                 should allow the Council to reach a decision,
Whereas the Council Directive of 20 July 1972 ( 1 )
concerning aids to shipbuilding expires on 31 De­
cember 1973 ;                                                    HAS ADOPTED THIS DIRECTIVE :
Whereas Article 7 of this Directive provides that the                                    Article 1
 Commission shall examine the development of
supply and demand in the international shipbuilding
market as well as the incidence of the totality of aids          The period of validity of the Council Directive of
and interventions which have a material effect,                   20 July 1972 shall be extended until 30 June 1974.
whether direct or indirect, on the conditions of
competition and trade in this market in the                                              Article 2
Community, and that it submit proposals based on
the results of this study ;
                                                                 The Member       States  are the    addressees  of this
                                                                 Directive .
Whereas such proposals were submitted to the
Council on 5 November 1973 ; whereas these
proposals are of a very complex character,
comprising guidelines for an industrial policy for               Done at Brussels, 17 December 1973 .
shipbuilding as well as a draft third directive
regarding direct and indirect aids in this sector ;                                                For the Council
                                                                                                      The President
0) OJ No L 169, 27. 7. 1972, p . 28 .                                                               I. NØRGAARD