International Fund for Ireland: EC financial contribution for the period 1995-1997

The modified proposal incorporates an amendment put forward by Parliament on the procedures relating to the annual report which has to be submitted to the budgetary authority, together with an amendment specifying the period of application of the proposed regulation (from 1.1.1995 to 31.12.1997). However, the Commission did not accept the amendment which assumed that the annual contribution to be paid in application of the proposed regulation would be fixed within the framework of the procedure for setting the annual budget. �