Document ID: 31998R0410

COUNCIL REGULATION (EC, EURATOM) No 410/98 of 16 February 1998 amending Regulation (EC, Euratom) No 58/97 concerning structural business statistics
THE COUNCIL OF THE EUROPEAN UNION,
Having regard to the Treaty establishing the European Community, and in particular Article 213 thereof,
Having regard to the proposal from the Commission (1),
Having regard to the opinion of the European Parliament (2),
Having regard to the opinion of the Economic and Social Committee (3),
Whereas Regulation (EC, Euratom) No 58/97 (4) established a common framework for the collection, compilation, transmission and evaluation of Community statistics on the structure, activity, competitiveness and performance of businesses in the Community;
Whereas developments in Community monetary, economic and social integration require the extension of the aforesaid framework to the insurance sector;
Whereas the compilation of national and regional accounts according to Regulation (EC) No 2223/96 (5) requires comparable, complete and reliable insurance statistics;
Whereas it is therefore necessary to amend Regulation (EC, Euratom) No 58/97 on the basis of Council Directives 92/49/EEC (6) and 92/96/EEC (7), completing the internal market for direct life and non-life insurance and of Council Directive 91/674/EEC (8) concerning the annual accounts and consolidated accounts of insurance undertakings;
Whereas the Statistical Programme Committee set up by Decision 89/382/EEC, Euratom (9) and the Insurance Committee set up by Directive 91/675/EEC (10) have been consulted,
HAS ADOPTED THIS REGULATION:
Article 1
Regulation (EC, Euratom) No 58/97 is hereby amended as follows:
1. The following indent shall be added to Article 5:
'- a detailed module for structural statistics in insurance defined in Annex 5`.
2. An Annex 5, as set out in the Annex to this Regulation, shall be added.
Article 2
This Regulation shall enter into force on the 20th 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, 16 February 1998.

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