CELEX: 51989PC0305
Language: en
Date: 1989-06-23
Title: PROPOSAL FOR A COUNCIL REGULATION ( EEC ) AMENDING REGULATION ( EEC ) NO 729/70 ON THE FINANCING OF THE COMMON AGRICULTURAL POLICY

COMMISSION OF THE EUROPEAN COMMUNITIES
                                            COM(89) 305 final
                                            Brussels/ 23 June 1989
                          Proposal for a
                     COUNCIL REGULATION (EEC)
      amending Regulation (EEC) No 729/70 on the financing
                of the common agricultural policy
                  (presented by the Commission)
 ---pagebreak---                            EXPLANATORY MEMORANDUM
   Following the European Council of 11-12 February 1988 In Brussels and
   according to this Council's decision to establish a realistic timetable
   for clearance of the EAGGF-Guarantee section accounts, the Commission
   has proposed - in the framework of the revision of the financial
   regulation - to put back the deadline for clearing the accounts for
   financial year n from 31/12/n+1 to 15/9/n+2.   At the same time It
   proposed to grant Member States a time limit of 6 months from the end of
   the financial year for presenting their annual expenditure declarations.
   In so doing the Commission considers that it had conciliated the basic
   control requirements with the actual possibilities of its own services
   and also those of the Member States.
   The Council of Ministers has not, however, followed up this proposal
   because it feels that the timetable for clearance of the accounts must
   be laid down In Council Regulation N° 729/70 on the financing of the
   common agricultural policy. At present this regulation (article 5,
   paragraph 2b) lays down that the Commission, after consulting the Fund
   committee, clears the accounts of the services and agencies relating to
   financial year n before the end of year n+1.
3. The amendment to Article 5, paragraph 2b, of Regulation N* 729/70, which
   is the subject of this procedure, consequently takes into account the
   amendment to the time limit for clearance of the accounts already
   proposed by the Commission in the framework of the adaptation of the
   financial regulation and also follows up the request of the European
   Council and the Council of Ministers.
   Regarding the deadline for presentation of annual declarations,
   Article 1, paragraph 2, of Commission Regulation N° 1723/72 on the
   clearance of the EAGGF-Guarantee accounts fixes this date as 31 March of
   the year following that during which expenditure involved had been paid.
   This time limit may be maintained given that for the EAGGF the budgetary
   financial year "n" terminates on 15/10/n.
5. There are no financial consequences for the Community's budget.   The
   proposal has no effects for small and medium-sized entreprises.   It is
   solely an administrative matter.
                                                                            i
 ---pagebreak---                                  Proposal for a
                            COUNCIL REGULATION (EEC)
             amending Regulation (EEC) No 729/70 on the financing
                       of the common agricultural policy
THE COUNCIL OF THE EUROPEAN COMMUNITIES,
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,
                                                             1
Whereas Article 5(2) of Council Regulation (EEC) No 729/70 , as last amended
by Regulation (EEC) No 2048/882, requires that clearance of the EAGGF, Guarantee
 Section, accounts take place at the end of the year following the financial year
under consideration; whereas experience has shown that this time limit is too
short; whereas it is appropriate to establish a realistic timetable;
HAS ADOPTED THIS REGULATION:
                                    Article 1
Article 5(2) b) of Regulation (EEC) No 729/70 is hereby replaced by the following:
"b) clears the accounts of the Member States on the basis of the documents
     referred to at paragraph 1 sub-paragraph b ) , at the latest by 15 September
     of the year following the year during which these documents are transmitted."
                                   Article 2
This Regulation shall enter into force on the third day following that of its
publication in the Official Journal of the European Communities.
This Regulation shall be binding in its entirety and directly applicable in
all Member States.
Done at Brussels                                            For the Council
1
 0J No L 94, 28.4.1970, p. 13.
2
 0J No L 185, 15.7.1988, p. 1.
                                                                                   3
 ---pagebreak--- Commission of the European Communities
COM(89) 305 final
Proposal for a
COUNCIL REGULATION (EEC)
amending Regulation (EEC) No 729/70 on the financing of the common
agricultural policy
(submitted to the Council by the Commission)
23.6.1989
Office for Official Publications of the European Communities
L - 2985 Luxembourg
Series: DOCUMENTS
 1989 — 3 pp. - Format: 21.0 * 29.7 cm
EN
ISSN 0254-1475
ISBN 92-77-51673-9
Catalogue number: CB-CO-89-274-EN-C
 ---pagebreak---                                            ISSN 0254-1475
COM(89) 305 final
DOCUMENTS
Proposal for a
COUNCIL REGULATION (EEC)
amending Regulation (EEC) No 729/70 on the
financing of the common agricultural policy
(submitted to the Council by the Commission)
03                                        23.6.1989
Catalogue number: CB-CO-89-274-EN-C
ISBN 92-77-51673-9
€
 COMMISSION OF THE EUROPEAN COMMUNITIES