31974L0643

No L 349 /62 Official Journal of the European Communities 28 . 12 . 74

COUNCIL DIRECTIVE of 19 December 1974 extending Directive No 72/273/ EEC on aid to shipbuilding (74/ 643 / 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 from the Commission ; Whereas Council Directive No 72/273/ EEC ( ! ) of 20 July 1972 on aid to shipbuilding expires on 31 December 1974 ; Whereas 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 aid 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 them before 31 December 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 30 June 1975 . Article 2 This Directive is addressed to the Member States .

Done at Brussels, 19 December 1974 . For the Council The President J. P. FOURCADE

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