7. 1. 83 Official Journal of the European Communities No L 5/1 (Acts whose publication is obligatory) COUNCIL REGULATION (EEC) No 31/83 of 21 December 1982 on an interim common measure for restructuring the inshore fishing industry and aquaculture THE COUNCIL OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, and in particular Article 43 thereof, Having regard to the proposal from the Commis- sion ('), Having regard to the opinion of the European Parliament (%), Whereas Article 9 (2) of Council Regulation (EEC) No 101/76 of 19 January 1976 laying down a common structural policy for the fishing industry (}) provides that common measures may be decided upon for the attainment of the objectives mentioned in paragraph 1 of that Article in so far as they relate to the objectives set out in Article 39 (1) (a) of the Treaty ; whereas these common measures may be financed by the Guidance Section of the European Agricultural Guidance and Guarantee Fund, hereinafter referred to as ‘the Fund’, under Article 1 (3) of Council Regulation (EEC) No 729/70 of 21 April 1970 on the financing of the common agricultural policy (¥), as last amended by Regulation (EEC) No 3509/80 (%); Whereas action to restructure inshore fishing is neces- sary in order to promote the rational use of the avail- able resources and the best use of production factors and to ensure an equitable standard of living for those who depend on fishing for their livelihood ; whereas, for this purpose, the Commission proposed to the Council a common measure to restructure, modernize and develop the fishing industry and develop aquacul- () OJ No C 166, 3. 7. 1982, p. 4. () O] No C 238, 13. 9. 1982, p. 81. () O] No L 20, 28. 1. 1976, p. 19. () O] No L 94. 28. 4. 1970, p. 13. () O y) 5) O] No L 367, 31. 12. 1980, p. 87. ture (); whereas this proposal has not yet been approved by the Council ; Whereas Council Regulation (EEC) No 1852/78 of 25 July 1978 on an interim common measure for restruc- turing the inshore fishing industry ("), as last amended by Regulation (EEC) No 2992/81 (¥, has ensured the financing by the Fund, until 31 December 1981, of investment projects designed to develop inshore fishing or aquaculture; whereas this measure was intended, first and foremost, to help regions experi- encing particular difficulties in developing production structures in the sectors in question ; Whereas, pending a decision on the structural measures to be implemented as a whole as part of a common fisheries policy, such a measure should be continued under the year 1982 ; Whereas a contribution from the Fund in the form of a capital subsidy not exceeding 25 % of the total investment represents an appropriate participation in the realization thereof; Whereas some regions of the Community find them- selves at a disadvantage from the point of view of income and under-employment both in the fishing industry and elsewhere ; whereas structural develop- ment measures in these regions should be strengthened ; Whereas time limits should be laid down for submis- sion of aid applications to the Commission ; Whereas aid applications submitted for the first time under Regulation (EEC) No 1852/78 and not aided from the Fund for lack of available appropriations should be entertained under this Regulation ; () OJ No C 243, 22. 9. 1980, p. 5. () OJ No L 211, 1. 8. 1978, p. 30. () OJ No L 299, 20. 10. 1981, p. 24.