Article 6

1. Common measures decided on by the Council, in accordance with the procedure laid down in the third subparagraph of Article 43 (2) of the Treaty in order to achieve the objectives set out in Article 39 (1) (a) of the Treaty including the structural changes necessary for the proper working of the common market, shall be financed under the terms of Article 1 (3) of this Regulation. 2. At the same time as it decides on a common measure, the Council shall determine: (a) the objective to be attained and the nature of the projects to be envisaged; the contribution of the Fund to that common measure; the estimated total cost of the common measure and the estimated time required for its execution; the economic and financial conditions; the necessary provisions concerning procedure. 3. Common measures shall be decided on in the light of the Council Decision of 4 December 1962 (1) on the co-ordination of agricultural structure policies. 4. The provisions of Part II of Regulation No 17/64/EEC, with the exception of Article 14 (1) (a) and Article 16, shall continue to apply. They shall cease to apply when the annual amount for the Community financing of the common measures referred to in paragraph 2 reaches 285 million units of account. Insofar as those provisions are still applicable on 1 January 1972, the residual credits shall be used within the scope of the first subparagraph within the limits of the sums available from the amount referred to in the second subparagraph. In any event they shall continue to apply for the completion of transactions decided previously. They shall also continue to apply to the use of credits entered in budgets prior to the 1972 budget ; in the use of these credits common measures shall have priority, without prejudice to the provisions of (1)OJ No 136, 17.12.1962, p. 2892/62. Council Regulations (EEC) No 2010/68 of 9 December 1968 (1) on granting aid from the European Agricultural Guidance and Guarantee Fund, Guidance Section, for the year 1969 and (EEC) No 1534/69 (2) of 29 July 1969 on granting aid from the European Agricultural Guarantee and Guidance Fund, Guidance Section, for the year 1970. Detailed rules for the application of this subparagraph shall be adopted, as far as is necessary, in accordance with the procedure laid down in Article 13. 5. From 1 January 1972, the credits of the Guidance Section of the Fund shall amount to 285 million units of account per year. This amount may be increased by the Council, acting according to the procedure laid down in the third subparagraph of Article 43 (2) of the Treaty, only for common measures provided for in paragraph 2.

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Source: EUR-Lex (Cellar) · retrieved 2026-11-10 · Text as adopted (Official Journal); later amendments are not incorporated in this text.