Council Regulation (EC) No 1450/2001 of 28 June 2001 amending Regulation (EEC) No 1601/92 concerning specific measures for the Canary Islands with regard to certain agricultural products as regards the structural measures

• Published date: 21 July 2001
• Subject Matter: Regional policy,Agriculture and Fisheries,Agricultural structures
• Official Gazette Publication: Official Journal of the European Communities, L 198, 21 July 2001

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32001R1450

Council Regulation (EC) No 1450/2001 of 28 June 2001 amending Regulation (EEC) No 1601/92 concerning specific measures for the Canary Islands with regard to certain agricultural products as regards the structural measures

Official Journal L 198 , 21/07/2001 P. 0007 - 0008

Council Regulation (EC) No 1450/2001

of 28 June 2001

amending Regulation (EEC) No 1601/92 concerning specific measures for the Canary Islands with regard to certain agricultural products as regards the structural measures

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty establishing the European Community, and in particular Articles 37 and 299(2) 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),

Having regard to the opinion of Committee of the Regions

Whereas:

(1) Council Regulation (EC) No 1257/1999 of 17 May 1999 on support for rural development from the European Agricultural Guidance and Guarantee Fund (EAGGF) and amending and repealing certain Regulations(4) lays down rural development measures that may be granted Community support and sets out the conditions for obtaining such support. That Regulation acknowledges that, in the case of the outermost regions, adjustments and derogations may be envisaged to meet the specific needs of those regions.

(2) Article 299(2) of the Treaty recognises, moreover, the constraints affecting the outermost regions, which include the Canary Islands.

(3) Regulation (EEC) No 1601/92(5) seeks to remedy the handicaps due to the remote and insular nature of these regions.

(4) The structures of certain agricultural holdings or processing and marketing enterprises located in these islands show serious shortcomings and are beset with specific difficulties. Provision should accordingly be made for derogations for certain types of investments from the provisions limiting or preventing the grant of some structural aid provided for in Regulation (EC) No 1257/1999.

(5) The Community financial contribution for three of the accompanying measures referred to in Article 35(1) of Regulation (EC) No 1257/1999 may amount in the outermost regions to up to 85 % of the total eligible cost. On the other hand, in accordance with the third indent of the second subparagraph of Article 47(2) of Regulation (EC) No...