Considerations on COM(2006)233 - Amendment of Council Regulation (EC) No 104/2000 on the common organisation of the markets in fishery and aquaculture products

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table>(1)Expenditure incurred by Member States in accordance with certain provisions of Council Regulation (EC) No 104/2000 (2) is currently subject to the rules laid down by Council Regulation (EC) No 1258/1999 of 17 May 1999 on the financing of the common agricultural policy (3). The latter has been repealed by Council Regulation (EC) No 1290/2005 of 21 June 2005 on the financing of the common agricultural policy (4), which applies to expenditure by Member States from 16 October 2006.
(2)Article 2(1)(a) of Regulation (EC) No 1290/2005 sets up a European Agricultural Guarantee Fund (hereinafter EAGF).

(3)Article 3(2)(f) of the abovementioned Regulation provides that EAGF is to finance the expenditure relating to fisheries markets in a centralised manner.

(4)Financing expenditure relating to fisheries markets pursuant to Article 3(2)(f) is an implementation of the budget on a centralised basis and is, as such, to comply with Council Regulation (EC, Euratom) No 1605/2002 of 25 June 2002 on the Financial Regulation applicable to the general budget of the European Communities (5) and its implementing rules set out by Commission Regulation (EC, Euratom) No 2342/2002 (6).

(5)Regulation (EC) No 104/2000 should therefore be amended accordingly,