28.6.76 Official Journal of the European Communities No L 168/9 COUNCIL REGULATION (EEC) No 1505/76 of 21 June 1976 on the Community contribution towards repairing the damage caused to agriculture by the earthquake in May 1976 in the Friuli/Venezia Giulia region THE COUNCIL OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, and in particular Articles 43 and 209 thereof, Having regard to the proposal from the Commission, Having regard to the opinion of the European Parliament (1), Whereas the Friuli/Venezia Giulia region was seriously damaged by an earthquake in May 1976; whereas the disaster-stricken communes are predominantly agricultural; Whereas the damage to agriculture is so serious that the farmers cannot repair it unaided; Whereas the Community should accordingly provide effective and rapid aid for restoring and improving the agricultural potential of the stricken region, HAS ADOPTED THIS REGULATION: Article 1 Within the limits of the funds allocated for this purpose in the Budget, the Community shall contribute, on the conditions laid down in Article 2 and in accordance with the procedure referred to in Article 3, to the restoration and improvement of: — production conditions in agriculture or on farms, — facilities for marketing or processing agricultural products, which are required in the Friuli/Venezia Giulia region as a result of the damage caused by the earthquake in May 1976. Article 2 1.  The following provisions of Council Regulation 17/64/EEC of 5 February 1964, on the conditions for (1) Opinion delivered on 18 June 1976 (not yet published in the Official Journal). granting aid from the European Agricultural Guidance and Guarantee Fund (2) shall also apply to Community aid provided under Article 1: — Article 13, — Article 14 (1) (¢), and (2) (a) and (c), — Article 17, — Article 20 (2), (3), (4) and (6), — Article 21 (2), — Article 22. 2. Furthermore, Community aid shall be subject ‘to the following special conditions: (a) the project must contribute to the economic recovery of agriculture while taking account of the need to increase its productivity, in accordance with Article 39 (1) (a) of the Treaty, or to improve the outlets for agricultural products; (b) for a given project: — the subsidies granted by the Fund may not exceed 45 9/o of the amount invested; — the Dbeneficiary of the restoration or improvement operation must participate in its finance; such financial participation must represent not less than 109, if the restoration or improvement relates to facilities for marketing or processing agricultural products; (c) the Italian Republic shall undertake to cover the financing plan, taking account of the Community aid and the participation of the beneficiary. Article 3 The following procedure is laid down for aid provided under Article 1: (2) OJ No 34, 27. 2. 1964, p. 586/64.