Commission Regulation (Euratom) No 2014/76 of 23 July 1976 on the support of projects concerning uranium prospecting programmes within the territories of the Member States

COMMISSION REGULATION (EURATOM) No 2014/76  of 23 July 1976  on the support of projects concerning uranium prospecting programmes within the territories of the Member States
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Atomic Energy Community, and in particular Article 70 thereof,
Whereas the importance of uranium in supplying energy for the Community and the Community's dependence on imports of uranium make it a fundamental objective of a common energy policy to secure conditions ensuring long-term supplies;
Whereas the expansion of uranium prospecting programmes within the territories of the Member States tend by their nature to improve the security of supplies and could be a means of achieving such a policy;
Whereas in the first instance it is for mining industry itself to finance such activities ; whereas the Community should however, in view of the high risk inherent in such activities, provide for the possibility of granting support;
Whereas projects concerning uranium prospecting programmes within the territories of the Member States, which are of prime importance in ensuring the Community supply of the uranium, would benefit from such support ; whereas this support should be of a financial character;
Whereas, in view of the need to confine such support to that which is strictly essential, the Commission must be able to avail itself of all means of evaluating, case by case, what benefits may be derived from such projects and whether they are consistent with the objectives of the common energy policy,