Regulation (EU) 2016/1035 on protection against injurious pricing of vessels (codification)

Ce que fait l'acte

to codify Council Regulation (EC) No 385/96 on the protection against injurious pricing of vessels. PROPOSED ACT: Regulation of the Council and the European Parliament. ROLE OF THE EUROPEAN PARLIAMENT: the European Parliament decides in accordance with the ordinary legislative procedure and on an equal footing with the Council. CONTENT: in the interests of clarity and rationality, the purpose of this proposal is to undertake a codification of Council Regulation (EC) No 385/96 of 29 January 1996 on protection against injurious pricing of vessels. The Committee on Legal Affairs adopted the report by Jiří MAŠTÁLKA (GUE/NGL, CZ) on the proposal for a regulation of the European Parliament and of the Council on protection against injurious pricing of vessels (codified text). The committee recommended the European Parliament to adopt its position at first reading taking over the Commission proposal as adapted to the recommendations of the Consultative Working Party of the legal services of the European Parliament, the Council and the Commission. According to the Consultative Working Party of the legal services of the European Parliament, the Council and the Commission, the proposal in question contains a straightforward codification of the existing texts without any change in their substance. The European Parliament adopted by 671 votes to 27, with 7 abstentions, a legislative resolution on the proposal for a regulation of the European Parliament and of the Council on protection against injurious pricing of vessels (codified text). Parliament adopted its position at first reading taking over the Commission proposal. The Consultative Working Party of the legal services of the European Parliament, the Council and the Commission concluded that the proposal in question contains a straightforward codification of the existing texts without any change in their substance. The codified version of Council Regulation (EC) No 385/96 on protection against injurious pricing of vessels enables the Union to take action against any injuriously priced vessel whose sale at less than normal value causes injury to the Union industry. The term ‘Union industry’ is defined by reference to the capability to build a like vessel and to provide that parties related to exporters may be excluded from such industry. set out clear and detailed rules on the calculation of the normal value; such value should where possible be based on a representative sale of a like vessel in the ordinary course of trade in the exporting country; define the export price; set out the procedural and substantive conditions for lodging a complaint against injurious pricing, including the extent to which it should be supported by the Union industry; lay down the information on the buyer of the vessel, injurious pricing, injury and causation which such complaint should contain: specify the procedures for the rejection of complaints or the initiation of proceedings; set out clearly the rules and procedures to be followed during the investigation, in particular the rules whereby interested parties are to make themselves known, present their views and submit information within specified time…

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