Council Regulation (EEC) No 3158/87 of 19 October 1987 amending Regulation (EEC) No 1940/81 on an integrated development programme for the Department of Lozère

COUNCIL  REGULATION (EEC) No 3158/87
of 19 October 1987
amending Regulation (EEC) No 1940/81 on an integrated development programme for the Department of LozĂ¨re
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 (1),
Having regard to the opinion of the European Parliament (2),
Whereas Article 6 (1) of Regulation (EEC) No 1940/81 (3), as amended by Regulation (EEC) No 797/85 (4), stipulates that the duration of the common measure shall be five years from the date of notification of the Commission opinion referred to in Article 4 (3) of that Regulation; whereas this period expired on 5 April 1987;
Whereas it has not been possible to complete the work scheduled in the programme concerned within the periods of time originally anticipated; whereas the duration of the common measure should therefore be extended by two years;
Whereas experience indicates that the estimated cost given in Article 6 (3) of Regulation (EEC) No 1940/81 is too high for the likely pattern of reimbursement; whereas it should therefore be reduced to 8 million ECU;