Council Regulation (EEC) No 2914/79 of 20 December 1979 on Community aid for industrial restructuring and conversion operations in the man-made fibres sector

COUNCIL REGULATION (EEC) No 2914/79  of 20 December 1979  on Community aid for industrial restructuring and conversion operations in the man-made fibres sector
THE COUNCIL OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community, and in particular Article 235 thereof,
Having regard to the proposal from the Commission,
Having regard to the opinion of the European Parliament (1),
Having regard to the opinion of the Economic and Social Committee (2),
Whereas a proposal for a Regulation (3) on Community aid for industrial restructuring and conversion operations has been laid before the Council;
Whereas the situation in the man-made fibres sector justifies immediate action as a priority measure, intended to support the rationalization measures taken by Community industry and to reduce its production capacity,
Whereas such action involves the utilization of a maximum amount of 14 million EUA,