20.3.2007   

EN

Official Journal of the European Union

L 79/1

(1)

Regulation (EC) No 3223/94 lays down, pursuant to the outcome of the Uruguay Round multilateral trade negotiations, the criteria whereby the Commission fixes the standard values for imports from third countries, in respect of the products and periods stipulated in the Annex thereto.

(2)

In compliance with the above criteria, the standard import values must be fixed at the levels set out in the Annex to this Regulation,

20.3.2007   

EN

Official Journal of the European Union

L 79/3

(1)

Commission Regulation (EC) No 1623/2000 of 25 July 2000 laying down detailed rules for implementing Regulation (EC) No 1493/1999 on the common organisation of the market in wine with regard to market mechanisms (2), lays down, among other things, detailed rules for disposing of stocks of alcohol obtained from distillation under Articles 35, 36 and 39 of Council Regulation (EEC) No 822/87 of 16 March 1987 on the common organisation of the market in wine (3) and referred to in Articles 27, 28 and 30 of Regulation (EC) No 1493/1999 and held by the intervention agencies.

(2)

A tendering procedure for the sale of wine alcohol for exclusive use as bioethanol in the fuel sector in the Community should be organised in accordance with Article 92 of Regulation (EC) No 1623/2000 with a view to reducing Community stocks of wine alcohol and ensuring the continuity of supplies to firms approved under that Article.

(3)

Since 1 January 1999, in accordance with Council Regulation (EC) No 2799/98 of 15 December 1998 establishing agrimonetary arrangements for the euro (4), the selling price and securities must be expressed, and payments made, in euro.

(4)

The measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Wine,

(a)

one lot with the number 96/2007 EC for a quantity of 50 000 hectolitres of alcohol at 100 % vol.;

(b)

one lot with the number 97/2007 EC for a quantity of 50 000 hectolitres of alcohol at 100 % vol.;

(c)

one lot with the number 98/2007 EC for a quantity of 50 000 hectolitres of alcohol at 100 % vol.;

(d)

one lot with the number 99/2007 EC for a quantity of 50 000 hectolitres of alcohol at 100 % vol.;

(e)

one lot with the number 100/2007 EC for a quantity of 50 000 hectolitres of alcohol at 100 % vol.;

(f)

one lot with the number 101/2007 EC for a quantity of 50 000 hectolitres of alcohol at 100 % vol.;

(g)

one lot with the number 102/2007 EC for a quantity of 50 000 hectolitres of alcohol at 100 % vol.;

(h)

one lot with the number 103/2007 EC for a quantity of 50 000 hectolitres of alcohol at 100 % vol.;

(i)

one lot with the number 104/2007 EC for a quantity of 50 000 hectolitres of alcohol at 100 % vol.;

(j)

one lot with the number 105/2007 EC for a quantity of 50 000 hectolitres of alcohol at 100 % vol.;

(k)

one lot with the number 106/2007 EC for a quantity of 50 000 hectolitres of alcohol at 100 % vol.;

(l)

one lot with the number 107/2007 EC for a quantity of 50 000 hectolitres of alcohol at 100 % vol.;

(m)

one lot with the number 108/2007 EC for a quantity of 53 380,74 hectolitres of alcohol at 100 % vol.

(a)

proof that a tendering security of EUR 4 per hectolitre of alcohol at 100 % vol. has been lodged with the intervention agency holding the alcohol concerned;

(b)

the name and address of the tenderer, the reference number of the notice of invitation to tender and the price proposed, expressed in euro per hectolitre of alcohol at 100 % vol.;

(c)

an undertaking by tenderers that they will comply with all the rules applicable to this tendering procedure;

(d)

a statement by tenderers to the effect that:

(a)

apply Article 102 of Regulation (EC) No 1623/2000 mutatis mutandis;

(b)

carry out checks on samples using nuclear magnetic resonance analysis to verify the nature of the alcohol at the time of end-use.

20.3.2007   

EN

Official Journal of the European Union

L 79/11

(1)

Directive 85/611/EEC contains several definitions, sometimes interlinked, related to the assets which are eligible for investment by undertakings for collective investment in transferable securities, hereinafter ‘UCITS’, such as a definition of transferable securities and a definition of money market instruments.

(2)

Since the adoption of Directive 85/611/EEC, the variety of financial instruments traded on financial markets has increased considerably, leading to uncertainty in determining whether certain categories of financial instruments are encompassed by those definitions. Uncertainty in applying the definitions gives rise to divergent interpretations of the Directive.

(3)

In order to ensure a uniform application of Directive 85/611/EEC, to help Member States to develop a common understanding as to whether a given asset category is eligible for a UCITS and to ensure that the definitions are understood in a manner consistent with the principles underlying Directive 85/611/EEC, such as those governing risk-diversification and limits to exposure, the ability of the UCITS to redeem its units at the request of the unit-holders and to calculate its net asset value whenever units are issued or redeemed, it is necessary to provide competent authorities and market participants with more certainty in this respect. Greater certainty will also facilitate a better functioning of the notification procedure for the cross-border distribution of UCITS.

(4)

The clarifications provided by this Directive do not of themselves give rise to any new behavioural or operational obligations for competent authorities or market participants. Rather than establishing exhaustive lists of financial instruments and transactions, they elucidate basic criteria as an aid in assessing whether or not a class of financial instrument is covered by the various definitions.

(5)

The eligibility of an asset for a UCITS must be assessed not only with regard to whether it falls within the scope of the definitions as clarified by this text but also with regard to the other requirements of Directive 85/611/EEC. National competent authorities could work together through the Committee of European Securities Regulators (CESR) to develop common approaches on the practical, day-to-day application of those clarifications in the context of their supervisory duties, notably in connection with other requirements of Directive 85/611/EEC such as control or risk management procedures, and to ensure the smooth functioning of the product passport.

(6)

Directive 85/611/EEC defines transferable securities exclusively from a formal/legal point of view. Accordingly the definition of transferable securities is applicable to a wide range of financial products with differing features and different levels of liquidity. For each of those financial products, consistency between the definition of transferable securities and other provisions of the Directive should be ensured.

(7)

Closed end funds constitute an asset class which is not explicitly referred to as an eligible asset for a UCITS under Directive 85/611/EEC. However, the units of closed end funds are often treated as transferable securities and their admission to trading on a regulated market often gives grounds for such a treatment. It is therefore necessary to provide market participants and competent authorities with certainty as to whether units of closed end funds are covered by the definition of transferable securities. National competent authorities could work together through the CESR to develop common approaches as regards the practical, day-to-day application of the criteria applicable to closed end funds, notably in respect of minimum core standards in relation to corporate governance mechanisms.

(8)

Additional legal certainty is also necessary with regard to the categorisation, as transferable securities, of financial instruments which are linked to the performance of other assets, including assets which are not referred to by Directive 85/611/EEC itself, or which are backed by such assets. It should be made clear that if the linkage to the underlying or to another component of the instrument amounts to an element which has to be considered as an embedded derivative, the financial instrument falls in the subcategory of transferable securities embedding a derivative element. This has the consequence that the criteria for derivatives under Directive 85/611/EEC have to be applied in respect of that element.

(9)

In order to be covered by the definition of money market instruments in Directive 85/611/EEC, a financial instrument should fulfil certain criteria, notably it must normally be dealt in on the money market, it must be liquid and it must have a value which can be accurately determined at any time. It is necessary to ensure a uniform application of those criteria taking into account certain market practices. It is also necessary to clarify that the criteria have to be understood in coherence with other principles of Directive 85/611/EEC. The definition of money market instruments should extend to financial instruments which are not admitted to or dealt in on a regulated market and for which Directive 85/611/EEC sets out criteria in addition to the general criteria for money market instruments. It was therefore equally necessary to clarify those criteria in the light of investor protection requirements and taking into account principles of the Directive such as portfolio liquidity, as resulting from Article 37 thereof.

(10)

Under Directive 85/611/EEC financial derivative instruments are to be considered as liquid financial assets if they fulfil the criteria set out in that Directive. It is necessary to ensure a uniform application of those criteria and it is also necessary to make clear that the criteria have to be understood in a way which is consistent with other provisions of the Directive. It should also be made clear that if credit derivatives comply with those criteria, they are financial derivative instruments within the meaning of Directive 85/611/EEC and hence eligible for treatment as liquid financial assets.

(11)

The need for clarification is particularly pressing for derivatives on financial indices. There is currently a wide range of financial indices which function as the underlying for a derivative instrument. These indices may vary as regards their composition or the weighting of their components. In all cases it has to be ensured that the UCITS is able to fulfil its obligations as regards portfolio liquidity, as resulting from Article 37 of Directive 85/611/EEC, and the calculation of the net asset value and that those obligations are not negatively affected by the features of the underlying of a derivative. It should be clarified that derivatives on financial indices whose composition is sufficiently diversified, which represent an adequate benchmark to the market to which they refer and which are subject to appropriate information regarding the index composition and calculation fall under the category of derivatives as liquid financial assets. National competent authorities could work together through the CESR to develop common approaches as regards the practical, day-to-day application of those criteria in respect of indices based on assets which are not individually identified as eligible assets in the Directive.

(12)

Directive 85/611/EEC recognises as a sub-category of transferable securities and money market instruments those which embed a derivative element. Embedding a derivative element into a transferable security or money market instrument does not transform the whole financial instrument into a financial derivative instrument which would fall outside the definitions of transferable security or money market instrument. Therefore, it is necessary to make clear whether a financial derivative can be considered embedded in another instrument. In addition, embedding a derivative into a transferable security or money market instrument entails the risk that the rules for derivatives imposed by Directive 85/611/EEC are bypassed. For that reason, the Directive requires identification of the embedded derivative element and compliance with those rules. Given the level of financial innovation, the identification of an embedded derivative element is not always evident. In order to achieve more certainty in this respect, criteria for identifying such elements should be laid down.

(13)

Pursuant to Directive 85/611/EEC, techniques and instruments relating to transferable securities or money market instruments for the purpose of efficient portfolio management do not fall under the definitions of transferable securities and money market instruments. To clarify the boundaries of those definitions it is necessary to set out criteria to identify the transactions which would fall under those techniques and instruments. It is also necessary to recall that those techniques and instruments have to be understood in coherence with the other obligations of a UCITS, particularly as regards its risk profile. That is to say, they must be consistent with the rules laid down by Directive 85/611/EEC on risk management and on risk diversification, as well as with its restrictions on short sales and borrowing.

(14)

Directive 85/611/EEC sets out criteria to define UCITS which replicate bond or share indices. UCITS which comply with those criteria are subject to a more flexible treatment as regards issuer concentration limits. It is therefore necessary to develop a clear understanding of those criteria and to ensure their uniform application in all Member States. That entails giving further clarification as to whether a UCITS can be considered to be an index-replicating UCITS, and thus more certainty about the conditions which justify the preferential treatment of index-replicating UCITS.

(15)

The Committee of European Securities Regulators has been consulted for technical advice.

(16)

The measures provided for in this Directive are in accordance with the opinion of the European Securities Committee,

1.

transferable securities, as defined in Article 1(8) of Directive 85/611/EEC;

2.

money market instruments, as defined in Article 1(9) of Directive 85/611/EEC;

3.

liquid financial assets, as referred to in the definition of UCITS laid down in Article 1(2) of Directive 85/611/EEC, with respect to financial derivative instruments;

4.

transferable securities and money market instruments embedding derivatives, as referred to in the fourth subparagraph of Article 21(3) of Directive 85/611/EEC;

5.

techniques and instruments for the purpose of efficient portfolio management, as referred to in Article 21(2) of Directive 85/611/EEC;

6.

index-replicating UCITS, as referred to in Article 22a(1) of Directive 85/611/EEC.

(a)

the potential loss which the UCITS may incur with respect to holding those instruments is limited to the amount paid for them;

(b)

their liquidity does not compromise the ability of the UCITS to comply with Article 37 of Directive 85/611/EEC;

(c)

reliable valuation is available for them as follows:

(d)

appropriate information is available for them as follows:

(e)

they are negotiable;

(f)

their acquisition is consistent with the investment objectives or the investment policy, or both, of the UCITS pursuant to Directive 85/611/EEC;

(g)

their risks are adequately captured by the risk management process of the UCITS.

(a)

units in closed end funds constituted as investment companies or as unit trusts which fulfil the following criteria:

(b)

units in closed end funds constituted under the law of contract which fulfil the following criteria:

(c)

financial instruments which fulfil the following criteria:

(a)

financial instruments which are admitted to trading or dealt in on a regulated market in accordance with points (a), (b) and (c) of Article 19(1) of Directive 85/611/EEC;

(b)

financial instruments which are not admitted to trading.

(a)

they have a maturity at issuance of up to and including 397 days;

(b)

they have a residual maturity of up to and including 397 days;

(c)

they undergo regular yield adjustments in line with money market conditions at least every 397 days;

(d)

their risk profile, including credit and interest rate risks, corresponds to that of financial instruments which have a maturity as referred to in points (a) or (b), or are subject to a yield adjustment as referred to in point (c).

(a)

they enable the UCITS to calculate a net asset value in accordance with the value at which the financial instrument held in the portfolio could be exchanged between knowledgeable willing parties in an arm’s length transaction;

(b)

they are based either on market data or on valuation models including systems based on amortised costs.

(a)

they fulfil one of the criteria set out in Article 3(2) and all the criteria set out in Article 4(1) and (2);

(b)

appropriate information is available for them, including information which allows an appropriate assessment of the credit risks related to the investment in such instruments, taking into account paragraphs 2, 3 and 4 of this Article;

(c)

they are freely transferable.

(a)

information on both the issue or the issuance programme and the legal and financial situation of the issuer prior to the issue of the money market instrument;

(b)

updates of the information referred to in point (a) on a regular basis and whenever a significant event occurs;

(c)

the information referred to in point (a), verified by appropriately qualified third parties not subject to instructions from the issuer;

(d)

available and reliable statistics on the issue or the issuance programme.

(a)

information on the issue or the issuance programme or on the legal and financial situation of the issuer prior to the issue of the money market instrument;

(b)

updates of the information referred to in point (a) on a regular basis and whenever a significant event occurs;

(c)

available and reliable statistics on the issue or the issuance programme or other data enabling an appropriate assessment of the credit risks related to the investment in such instruments.

1.

it is located in the European Economic Area;

2.

it is located in the OECD countries belonging to the Group of Ten;

3.

it has at least investment grade rating;

4.

it can be demonstrated on the basis of an in-depth analysis of the issuer that the prudential rules applicable to that issuer are at least as stringent as those laid down by Community law.

(a)

their underlyings consist in one or more of the following:

(b)

in the case of OTC derivatives, they comply with the conditions set out in the second and third indents of Article 19(1)(g) of Directive 85/611/EEC.

(a)

they allow the transfer of the credit risk of an asset as referred to in point (a) of paragraph 1 of this Article independently from the other risks associated with that asset;

(b)

they do not result in the delivery or in the transfer, including in the form of cash, of assets other than those referred to in Article 19(1) and (2) of Directive 85/611/EEC;

(c)

they comply with the criteria for OTC-derivatives laid down in the second and third indents of Article 19(1)(g) of Directive 85/611/EEC and in paragraphs 3 and 4 of this Article;

(d)

their risks are adequately captured by the risk management process of the UCITS, and by its internal control mechanisms in the case of risks of asymmetry of information between the UCITS and the counterparty to the credit derivative resulting from potential access of the counterparty to non-public information on firms the assets of which are used as underlyings by credit derivatives.

(a)

the basis for the valuation is either a reliable up-to-date market value of the instrument, or, if such a value is not available, a pricing model using an adequate recognised methodology;

(b)

verification of the valuation is carried out by one of the following:

(a)

they are sufficiently diversified, in that the following criteria are fulfilled:

(b)

they represent an adequate benchmark for the market to which they refer, in that the following criteria are fulfilled:

(c)

they are published in an appropriate manner, in that the following criteria are fulfilled:

(a)

by virtue of that component some or all of the cash flows that otherwise would be required by the transferable security which functions as host contract can be modified according to a specified interest rate, financial instrument price, foreign exchange rate, index of prices or rates, credit rating or credit index, or other variable, and therefore vary in a way similar to a stand-alone derivative;

(b)

its economic characteristics and risks are not closely related to the economic characteristics and risks of the host contract;

(c)

it has a significant impact on the risk profile and pricing of the transferable security.

(a)

they are economically appropriate in that they are realised in a cost-effective way;

(b)

they are entered into for one or more of the following specific aims:

(c)

their risks are adequately captured by the risk management process of the UCITS.

(a)

it is accessible to the public;

(b)

the index provider is independent from the index-replicating UCITS.

20.3.2007   

EN

Official Journal of the European Union

L 79/20

(1)

In order to develop SIS II it is necessary to set out technical specifications concerning the communication network, its components, and the specific network requirements.

(2)

Appropriate arrangements, in particular as regards the elements of the uniform national interface located in Member States, should be put in place between the Commission and the Member States.

(3)

This decision is without prejudice to the adoption in future of other Commission's Decisions related to the development of SIS II, in particular on the development of the security requirements.

(4)

Both Regulation (EC) No 2424/2001 and Council Decision 2001/886/JHA (2) govern the development of the SIS II. In order to ensure that there will be one single implementing process for the development of SIS II as a whole, the provisions of this Decision should mirror the provisions of the Commission's Decision laying down the network requirements for SIS II to be taken in application of Decision 2001/886/JHA.

(5)

In accordance with Council Decision 2000/365/EC of 29 May 2000 concerning the request of the United Kingdom of Great Britain and Northern Ireland to take part in some of the provisions of the Schengen acquis  (3), the United Kingdom has not taken part in the adoption of Regulation (EC) No 2424/2001 and is not bound by it or subject to its application as it constitutes a development of provisions of the Schengen acquis. The United Kingdom is therefore not an addressee of this Commission decision.

(6)

In accordance with Council Decision 2002/192/EC of 28 February 2002 concerning Ireland's request to take part in some of the provisions of the Schengen acquis  (4), Ireland has not taken part in the adoption of Regulation (EC) No 2424/2001 and is not bound by it or subject to its application as it constitutes a development of provisions of the Schengen acquis. Ireland is therefore not an addressee of this Commission decision.

(7)

Pursuant to Article 5 of the Protocol on the position of Denmark, annexed to the Treaty on European Union and the Treaty establishing the European Community, Denmark has decided to implement Council Regulation (EC) No 2424/2001 in Danish law. Regulation (EC) No 2424/2001 is thus binding upon Denmark in international law.

(8)

As regards Iceland and Norway, Regulation (EC) No 2424/2001 and Decision 2001/886/JHA constitute a development of provisions of the Schengen acquis within the meaning of the Agreement concluded by the Council of the European Union and the Republic of Iceland and the Kingdom of Norway concerning the association of those two States with the implementation, application and development of the Schengen acquis  (5), which fall within the area referred to in Article 1, point B of Council Decision 1999/437/EC of 17 May 1999 on certain arrangements for the application of the Agreement concluded by the Council of the European Union and the Republic of Iceland and the Kingdom of Norway concerning the association of those two States with the implementation, application and development of the Schengen acquis  (6).

(9)

As regards Switzerland, Regulation (EC) No 2424/2001 and Decision 2001/886/JHA constitute a development of the provisions of the Schengen acquis within the meaning of the Agreement signed by the European Union, the European Community and the Swiss Confederation on the latter’s association with the implementation, application and development of the Schengen acquis which fall within the area referred to in Article 4(1) of the Council decision on the signing, on behalf of the European Community, and on the provisional application of certain provisions of this Agreement.

(10)

This Decision constitutes an act building on the Schengen acquis or otherwise related to it within the meaning of Article 3(1) of the Act of Accession.

(11)

The measures provided for in this Decision are in accordance with the opinion of the Committee set up by Article 6(1) of Regulation (EC) No 2424/2001,

20.3.2007   

EN

Official Journal of the European Union

L 79/29

(1)

In order to develop SIS II it is necessary to set out technical specifications concerning the communication network, its components, and the specific network requirements.

(2)

Appropriate arrangements, in particular as regards the elements of the uniform national interface located in Member States, should be put in place between the Commission and the Member States.

(3)

This Decision is without prejudice to the adoption in future of other Commission Decisions related to the development of SIS II, in particular on the development of the security requirements.

(4)

Both Council Regulation (EC) No 2424/2001 (2) and Decision 2001/886/JHA govern the development of the SIS II. In order to ensure that there will be one single implementing process for the development of SIS II as a whole, the provisions of this Decision should mirror the provisions of the Commission's Decision laying down the network requirements for SIS II to be taken in application of Regulation (EC) No 2424/2001.

(5)

The United Kingdom is taking part in this Decision, in accordance with Article 5 of the Protocol integrating the Schengen acquis into the framework of the European Union annexed to the EU Treaty and to the EC Treaty, and Article 8(2) of Council Decision 2000/365/EC of 29 May 2000, concerning the request of the United Kingdom of Great Britain and Northern Ireland to take part in some of the provisions of the Schengen acquis  (3).

(6)

Ireland is taking part in this Decision in accordance with Article 5 of the Protocol integrating the Schengen acquis into the framework of the European Union annexed to the EU Treaty and to the EC Treaty, and Article 5(1) and 6(2) of Council Decision 2002/192/EC of 28 February 2002 concerning Ireland's request to take part in some of the provisions of the Schengen acquis  (4).

(7)

As regards Iceland and Norway, this Decision constitutes a development of the provisions of the Schengen acquis within the meaning of the Agreement concluded by the Council of the European Union and the Republic of Iceland and the Kingdom of Norway concerning the association of those two States with the implementation, application and development of the Schengen acquis which fall within the area referred to in Article 1, point G of Council Decision 1999/437/EC (5) on certain arrangements for the application of that Agreement.

(8)

As regards Switzerland, this Decision constitutes a development of the provisions of the Schengen acquis within the meaning of the Agreement signed between the European Union, the European Community and the Swiss Confederation concerning the association of the Swiss Confederation with the implementation, application and development of the Schengen acquis, which fall within the area referred to in Article 1, point G of Council Decision 1999/437/EC read in conjunction with Article 4(1) of Council Decision 2004/849/EC on the signing, on behalf of the European Union, and on the provisional application of certain provisions of that Agreement (6).

(9)

This Decision constitutes an act building on the Schengen acquis or otherwise related to it within the meaning of Article 3(1) of the Act of Accession.

(10)

The measures provided for in this Decision are in accordance with the opinion of the Committee set up by Article 5(1) of Decision 2001/886/JHA,

20.3.2007   

EN

Official Journal of the European Union

L 79/38

(1)

Article 3(1)(c) of the Treaty assigned the European Community and the Member States the task of abolishing obstacles to the free movement of persons and services. For the nationals of the Member States, free movement implies in particular the possibility to pursue a profession, either as a self-employed person or as an employee, in a Member State other than the one in which they have obtained their professional qualifications. Moreover, Article 47 of the Treaty aims at ensuring the free movement of fully qualified professionals in the field of professions regulated as to qualifications.

(2)

Directive 2005/36/EC of the European Parliament and of the Council of 7 September 2005 on the recognition of professional qualifications (1) was adopted to ensure the free movement of fully qualified professionals where the access to a profession is regulated as to qualifications by Member States. That Directive consolidates 15 existing Directives and aims at simplifying the existing regimes of recognition as well as at further facilitating the temporary provision of services. In order to implement this Directive and to develop the internal market where the professions are regulated as to qualifications, the Commission may need to call upon the expertise of specialists in an advisory body.

(3)

It is therefore appropriate to set up an expert group in the field of recognition of professional qualifications and to define its tasks and its structure.

(4)

The expert group should help to develop the internal market in the field of professions regulated as to qualifications.

(5)

The group of coordinators for the recognition of professional qualifications should be composed of the national coordinators designated by the Member States pursuant to Directive 2005/36/EC. According to that Directive, the remit of those coordinators is to promote a uniform application of the said Directive and to collect all the information which is relevant for its application.

(6)

Rules on disclosure of information by members of the group should be provided for without prejudice to the Commission's rules on security as set out in the Annex to Commission Decision 2001/844/EC, ECSC, Euratom (2).

(7)

Personal data relating to members of the group should be processed in accordance with Regulation (EC) No 45/2001 of the European Parliament and of the Council of 18 December 2000 on the protection of individuals with regard to the processing of personal data by the Community institutions and bodies and on the free movement of such data (3),

(a)

to establish cooperation between Member States' authorities and the Commission on questions relating to the recognition of professional qualifications;

(b)

to monitor the evolution of policies having an impact on professions regulated as to qualifications;

(c)

to facilitate the implementation of Directive 2005/36/EC, in particular through the elaboration of documents of interest, such as interpreting guidelines;

(d)

to bring about an exchange of experience and good practice in the fields referred to in the previous points.

20.3.2007   

EN

Official Journal of the European Union

L 79/40

(1)

On 10 April 2006, the Council adopted Common Position 2006/276/CFSP concerning restrictive measures against certain officials of Belarus (1). These measures expire on 10 April 2007.

(2)

In view of the situation in Belarus, Common Position 2006/276/CFSP should be extended for a further period of 12 months,

20.3.2007   

EN

Official Journal of the European Union

L 79/41