Aid to shipbuilding (amend. Direct. 90/684/EEC)

According to the text of the OECD agreement ratified on 17 June 1994, no aid to shipbuilding would be authorised from 1 January 1996, with the exception of aid to research and social aid linked to the closure of shipyards. In order to enable Community yards to prepare for the new situation, the Commission proposed amending Directive 90/684/EEC by introducing the following changes: - extending its validity until 31 December 1995; - adapting the definition of vessels covered by the text by eliminating the requirement that these vessels should have a metal hull; - ensuring that Spain was authorised to provide loss compensation to its public yards corresponding to aid already approved in the past but not yet paid as of 31 December 1994 as a result of budgetary difficulties. These payments, plus interests due to delays, should not exceed a maximum amount of ESP 89 104 million and should be allocated before 31 December 1998. --- TECHNICAL INFO 26/10/1994 27/01/1995 CNS940243 EN BAS ----- ACTUAL TEXT The proposal for a Council regulation sought to correct the unintended confusion resulting from the application of the deseasonalisation premium provided for by Regulation (EEC) No 805/98 in order to encourage the putting-up for slaughter of castrated male bovine animals outside the annual "off-grass" period. In practical terms, the regulation aimed to prevent a sudden fall in the number of animals slaughtered at the end of the period of application of the deseasonalisation premium (end of April) by introducing a reasonable extension to this period combined with a progressive reduction in the unit amount of the premium, with a view to resolving this problem without affecting the budget. The new amounts for the deseasonalisation premium had been calculated on the basis of the average number of animals slaughtered weekly during 1994 and 1993 in Ireland, where most of the animals concerned were located. To this end, the amounts saved, as a result of reducing the amount of the premium in the month of April, could be applied to the new premium requests that would be submitted in May and June, thus achieving the budget neutrality envisaged. �