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Council Regulation (EC) No 718/1999 of 29 March 1999 on a Community-fleet capacity policy to promote inland waterway transport

article  7

CELEX:  01999R0718-20140618

1. After consulting the Member States and the organisations representing inland waterway transport at Community level, the Commission shall lay down separately for dry cargo carriers, for tankers and for pusher craft:
— the ratios for the ‘old-for-new’ rule for the vessels referred to in Article 2,
— the rate of the special contributions,
— the period during which scrapping premiums referred to in Article 6 will be paid, the conditions for granting them and the rates,
— the adjustment coefficients (equivalent tonnage) for each type and category of inland waterway vessel.
2. The special contributions and scrapping premiums shall be expressed in euros. The rates applying shall be the same for each Fund.
3. The special contributions and scrapping premiums shall be calculated for cargo-carrying vessels on the basis of the deadweight tonnage and for pusher craft on the basis of the motive power of the vessel.
4. After consulting the Member States and the organisations representing inland waterway transport at Community level, the Commission shall lay down detailed rules for the mutual financial support referred to in Article 3(6).
Council Regulation (EC) No 718/1999 of 29 March 1999 on a Community-fleet capacity policy to promote inland waterway transport

article  7

CELEX:  01999R0718-20140618

5. The decisions reached by the Commission shall also take account of the results of observation of the transport markets in the Community and of any foreseeable changes therein, as well as of the need to avoid any distortion of competition to an extent which is contrary to the common interest. In order to contribute to observation of the market, owners of vessels built or imported must inform the Funds six months before these vessels are brought into service.