31974L0320

No L 180 /32 Official Journal of the European Communities 3 . 7 . 74

COUNCIL DIRECTIVE of 27 June 1974 on the extension of Directive No 72/273/ EEC concerning aids to shipbuilding (74/ 320/ EEC)

THE COUNCIL OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, and in particular Articles 92 and 113 thereof ; Having regard to the proposal of the Commission ; Whereas Council Directive No 72/273 / EEC (') of 20 July 1972 concerning aids to ship­ building, expires on 30 June 1974 ; Whereat the proposals which were submitted to the Council by the Commission on 5 November 1973 are of a very complex character, comprising guidelines for an industrial policy for shipbuilding as well as a draft third Directive regarding direct and indirect aids in this sector ; Whereas it does not appear possible, having regard to the complexity of these proposals, that the Council can reach a decision on the Commission s proposals before 30 June 1974, the date of expiry of the Directive ; Whereas provision should therefore be made for a further extension of the period of validity of Directive No 72/273/ EEC and a period of six months should allow the Council to reach a decision ,

HAS ADOPTED THIS DIRECTIVE : Article 1 Directive No 72/ 273 / EEC of 20 July 1972 shall be extended until 31 December 1974 . Article 2 This Directive is addressed to the Member States .

Done at Luxembourg, 27 June 1974 . For the Council The President K. GSCHEIDLE

(') OJ No L 169 , 27 . 7 . 1972, p. 28 .