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1. For the purpose of granting the Community financial support referred to in Articles 1 and 2, the Commission shall take the necessary steps for the application of this Regulation, in agreement with the Member States involved and taking into account the amounts estimated to be necessary.

2. With regard to the projects referred to in section 1.3 of Article 2 (2), the Member States shall send draft projects to the Commission within 30 days of the entry into force of this Regulation. Within 75 days, the Commission shall consult the Committee on Transport Infrastructures set up by Decision 78/174/EEC (1), take a decision and notify the Council thereof. Within 30 days of this notification, any Member State may refer the matter to the Council. The Council, acting on a qualified majority, may take a different decision within 45 days. If the matter is not referred to the Council by any Member State, or if the Council does not act within the above period of time, the decision of the Commission shall become final. The decision of the Commission or the Council shall be published in the Official Journal of the European Communities.

3. On conclusion of the work which has received Community support, the Commission shall submit a report to the Council.