32000Y0909(05)

Notice on the extension of the period of validity of the Community framework for State aid to the motor vehicle Industry

(2000/C 258/07)

(Text with EEA relevance)

The period of validity of the Community framework for State aid to the motor vehicle industry is extended until 31 December 2001, subject to the following amendments:

1. The text in Section 2.6 will be replaced by:

"The preceding framework, which entered into force on 1 January 1998 for three years, will service as a basis for assessing aid proposals which were notified before 31 December 2000 but which have not yet been declared compatible by the Commission or are the subject of proceedings under Article 88(2) of the Treaty initiated before that date.

Subject to the following paragraph, the present framework will enter into force on 1 January 2001 and will apply for one year. During that period the Commission will decide whether to replace it, in particular in the light of the status of the multisectoral framework.

The present framework will serve as a basis for assessing aid proposals notified before 31 December 2001 but not yet declared compatible by the Commission or covered by proceedings under Article 88(2) of the Treaty initiated before that date."

2. The text in footnote 18 will be replaced by: "Currently OJ C 288, 9.10.1999".

3. The term "ECU" will be replaced by "EUR" throughout.

The Member States have been informed.