29.12.2001 Official Journal of the European Communities L 345/5 COUNCIL REGULATION (EC) No 2582/2001 of 19 December 2001 amending Regulation (EC) No 1017/94 concerning the conversion of land currently under arable crops to extensive livestock farming in Portugal THE COUNCIL OF THE EUROPEAN UNION, Having regard to the Treaty establishing the European Community, and in particular Article 37 thereof, Having regard to the proposal from the Commission ('), Having regard to the Opinion of the European Parliament (%), Whereas: (1) Because of delays in the effective application of the conversion programme provided for by Regulation (EC) No 1017/94 (}), a large number of areas that are poten- tially eligible for the scheme have not yet been converted. According to information supplied by the Member State, only 46 000 hectares have so far been converted and, at the current rate of conversion under the scheme, only an estimated total of 64 000 hectares will be converted by 31 December 2002, the date on which the scheme terminates, rather than the 200 000 hectares provided for in Article 1 of the Regulation. In order to permit the objective set for the scheme to be achieved more fully, Portugal should be authorised to continue with the conversion scheme for three further years. (2)  Since a time limit was placed on the programme, Regu- lation (EC) No 1017/94 lays down that the specific reserve and any rights not yet allocated should lapse at the end of the programme. It should therefore be laid down that the specific reserve and any rights not yet allocated lapse at the end of the additional period of three years. (3)  Regulation (EC) No 1017/94 should therefore be amended, HAS ADOPTED THIS REGULATION: Article 1 Regulation (EC) No 101794 is hereby amended as follows: 1. Article 1 shall be replaced by the following: ‘Article 1 Portugal shall be authorised to carry out, for a period of 11 years, in the regions listed in the Annex to this Regulation, a programme for the conversion of land currently under arable crops to extensive livestock production, up to a maximum of 200 000 hectares.’ 2. Article 7 shall be replaced by the following: ‘Article 7 At the end of the 11 year following the entry into force of this Regulation, unallocated premium rights shall lapse and the specific reserve shall be abolished.’ Article 2 This Regulation shall enter into force on the day of its publica- tion in the Official Journal of the European Communities. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 19 December 2001. (*) Proposal of 8 October 2001 (not yet published in the Official Journal). (%) Opinion delivered on 11 December 2001 (not yet published in the Official Journal). () OJ L 112, 3.5.1994, p. 2. Regulation as last amended by Regulation (EC) No 1461/95 (O] L 144, 28.6.1995, p. 4). For the Council The President A. NEYTS-UYTTEBROECK