EEC: Regulation No 59 of the Council amending certain provisions of Regulation No 17

REGULATION No 59 OF THE COUNCIL amending certain provisions of Regulation No 17
THE COUNCIL OF THE EUROPEAN ECONOMIC COMMUNITY
,
Having regard to the Treaty establishing the European Economic Community, and in particular Article 87 thereof;
Having regard to the proposal from the Commission;
Having regard to the Opinion of the European Parliament;
Whereas Regulation No 17 of 6 February 1962 provides that the agreements, decisions and concerted practices referred to in Article 5 (1) thereof must be notified before 1 August 1962 in order to benefit from the transitional provisions adopted in respect of them in Articles 6 (2) and 7 (1) thereof;
Whereas in order to facilitate implementation of these transitional provisions it is advisable to extend this time limit by three months as a general rule and by six months in respect of agreements, decisions and concerted practices to which not more than two undertakings are party;