Statistical classification of economic activities NACE Revision 2

PURPOSE: to establish a common statistical classification of economic activities in the Community “NACE Rev. 2”

LEGISLATIVE ACT: Regulation 1893/2006/EC of the European Parliament and of the Council establishing the statistical classification of economic activities NACE Revision 2 and amending Council Regulation 3037/90/EC as well as certain EC Regulation on specific statistical domains.

CONTENT: the purpose of this Regulation is to establish a common statistical classification of economic activities in the European Community to be referred to as “NACE Rev. 2”. This classification system ensures that Community classifications are relevant to economic reality as well as enhancing the comparability of national, Community and international classifications and hence of national, Community and international statistics.

The Commission will be expected to use NACE Rev. 2 for all statistics classified according to economic activities as will Member States’ statistics. In the event of incompatibility between certain NACE Rev. 2 heading and the national economic structure, the Commission may authorise a Member State to use an aggregation of NACE Rev. 2 headings in a specific sector – though the Commission must be provided with information before a request is considered.

In accordance with Parliamentary wishes, implementing measures of a general nature, should be adopted under the regulatory procedure provided for in Article 5 of Council Decision 1999/468/EC.

ENTRY INTO FORCE: 19 January 2007. It will apply as from 1 January 2008.