LIFE III, financial instrument for the environment

PURPOSE : to amending Regulation 1655/2000/EC concerning the Financial Instrument for the Environment (LIFE). CONTENT : following its statement made at the time of the adoption of the Regulation and the judgement of the Court of Justice of 21 January 2003, which annulled Article 11(2) of Regulation 1655/2000/EC concerning the committee procedure, the Commission is proposing a Regulation amending Regulation 1655/2000/EC as regards the committee procedure to be followed, the effect of which is to replace the regulatory committee by a management committee for the adoption of the measures for the implementation of that Regulation. �