11. 11. 94 Official Journal of the European Communities No L 291/1 (Acts whose publication is not obligatory) COMMISSION COMMISSION DECISION of 5 April 1994 " concerning the grant of assistance from the cohesion financial instrument to a preparatory study concerning the evaluation of the energy savings and environmental benefits to be gained from bypasses, with reference to the final, northern section of the M-40 Madrid ring road in Spain No CF: 93/11/61/098 (Only the Spanish text is authentic) (94/706/EC) THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Community, Having regard to Council Regulation (EEC) No 792/93 of 30 March 1993 establishing a cohesion financial instrument (}), as amended by Regulation (EC) No 566/94 () and in particular Article 8 (6) thereof, Whereas Article 1 of Regulation (EEC) No 792/93 establishes a cohesion financial instrument to provide " Community support for projects in the fields of the environment and trans-European transport infrastructure networks; Whereas pursuant to Article 9 of Regulation (EEC) No 792/93 certain provisions of Titles VI and VII of _ Council Regulation (EEC) No 4253/88 of 19 December 1988 concerning the provisions for implementing Regulation (EEC) No 2052/88 as regards coordination of the activities of the different Structural Funds between themselves and with the operations of the European Investment Bank and the other existing financial instruments (3), amemded by Regulation (EEC) No 2082/93 (%), are to apply mutatis mutandis; Whereas Article 2 of Regulation (EEC) No 792/93 defines the types of measure for which the cohesion financial instrument may provide assistance; (') O] No L 79, 1. 4. 1993, p. 74. () O] No L 72, 16. 3. 1994, p. 1 (}) OJ No L 374, 31. 12. 1988, p. 1. () OJ No L 193, 31. 7. 1993, p. 20. Whereas Article 10 of Regulation (EEC) No 792/93 requires the Member States to ensure that adequate publicity is given to the operations of the financial instrument and that the measures which are descnbed in Annex V to this Decision are undertaken; Whereas on 9 November 1993 the Spanish Government submitted an application for assistance from the cohesion financial instrument for the first phase of a preparatory study concerning the evaluation of the energy savings and environmental benefits to be gained from bypasses, with reference to the final, northern section of the M-40 Madrid ring road in Spain; Whereas that application concerns a project which is eligible under the terms of Article 2 of Regulation (EEC) No 792/93; Whereas the application for assistance contains all the information required by Article 8 (4) of Regulation (EEC) - No 792/93 and satisfies the criteria set out in Article 8 (3) and (5) of the Regulation; Whereas the preparatory study will - contribute to attainment of the environmental objectives set out in Article 130r of the Treaty; Whereas Article 1 of the Financial Regulation of 21 December 1977 applicable to the general budget of the European Communities (°), as last amended by Regulation (Euratom, ECSC, EEC) No 610/90 (%), states that the legal commitments entered into for measures extending over more than one financial year shall contain a time limit for implementation which must be specified to the recipient in due form when the aid is . granted; (°) OJ No L 356, 31. 12. 1977, p. 1. (!} O] No L 70, 16. 3. 1990, p. 1.