Detailed Instructions: In this task, you are provided with an article of the legal acts. Your task is to classify it into three categories (Regulation, Decision and Directive) based on its content: 1) Regulation is a binding legislative act that must be applied in its entirety on a set date across all the member states (European Union countries). 2) Decision is binding on those to whom it is addressed (e.g. an European Union country or an individual company) and is directly applicable. 3) Directive is a legislative act that sets out a goal that all must achieve. However, it is up to the individual countries to devise their own laws on how to reach these goals.
Problem:The agreement between the following undertakings:USINOR - Union Siderurgique du Nord et de l'Est de la France S.A., Paris,SACILOR - Acieries et Laminoirs de Lorraine S.A., Hayange, Chatillon-Commentry-Biache, S.A., Paris, S.A. des hauts fourneaux de la Chiers, Longwy-Bas, Creusot-Loire S.A., Paris, Ugine Aciers S.A., Paris, Societe des acieries et trefileries de Neuves-Maisons, Chatillon S.A., Neuves-Maisons, Forges d'Allevard, Paris, S.A. Cockerill Ougree-Providence et Esperance-Longdoz, Seraing, S.A. Fabrique de fer de Maubeuge, Louvroil, S.A. Marrel Freres, Les Etaings-Chateauneuf (Loire), Societe nouvelle des acieries de Pompey S.A., Neuilly-sur-Seine, Societe des aciers fins de l'Est (SAFE), Paris, Hauts fourneaux reunis de Saulnes et Uckange, Paris, Societe metallurgique de Normandie S.A., Paris, Societe lorraine de laminage continu Sollac S.A., Paris, Societe lorraine et meridionale de laminage continu (Solmer), Paris, Vallourec S.A., Paris, Pont-a-Mousson S.A., Paris,notified to the Commission by letter of 10 December 1974 and concerning the joint buying of prereduced iron ore is hereby authorized. The following conditions are attached to the authorization: 1. Societe Francaise des Minerais Prereduits S.A. and its member undertakings shall without delay inform the Commission of: (a) any proposal for building or operating a direct reduction plant within the Community;(b) any change in the number of shareholders of Societe Francaise des Minerais Prereduits S.A.;(c) any change or addition to their agreement or to the Memorandum and Articles of Association of Societe Francaise des Minerais Prereduits S.A.2. The proposals, changes and additions to be notified pursuant to paragraph 1 may not become operational until the Commission has confirmed that they are within the terms of the authorization given by this Decision or has authorized them under Article 65 (2) or, as the case may be, Article 66 (2) of the Treaty. This Decision is addressed to the undertakings named in Article 1 and to Societe Francaise des Minerais Prereduits S.A.
Solution:
Decision