No L 79/24 Official Journal of the European Communities 23. 3. 94 (Acts whose publication is not obligatory) COMMISSION COMMISSION DECISION of 22 September 1993 concerning Italian Law No 102 of 2 May 1990 providing for the reconstruction and regeneration of the Valtellina (Only the Italian text is authentic) (94/172/EEC) THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, and in particular the first subpara- graph of Article 93 (2) thereof, Having, in accordance with the abovementioned Article, given notice to the parties concerned to submit their comments to it, Whereas : I By letter dated 14 October 1992 ('), the Commission informed the Italian authorities that it had decided to initiate Article 93 (2) proceedings in respect of the aid provided by Law No 102 of 2 May 1990 on the recon- struction and regeneration of the Valtellina, and it gave the Italian authorities and the other Member States and interested parties notice to submit their comments. The Italian authortities submitted comments by letters dated 22 January, 9 and 24 February and 8 and 16 June 1993. A meeting was held between Italian and Commis- sion representatives on 29 January 1993. No other Member States or interested parties submitted comments. On 4 December 1992 the Italian Prime Minister issued a decree approving the plan for the reconstruction and () OJ No C 324, 10. 12. 1992, p. 3. development of the Valtellina put forward by the Lombard Regional Council. The plan specifies the prin- ciples and conditions governing the various aid measures. The decree stipulates that the tax reliefs and contributions to the guarantee funds are subject to verification that they are compatible with the Community rules. General pro- visions on the implementation of the plan have not yet been adopted. 1 The aid in respect of which the Article 93 (2) proceedings were initiated as regards the sectors other than agriculture is the following: — the grants, interest repayments and low-interest loans provided for in Articles § (1) (c) and 12 of Law No 102/1990 (points 5.2.1 and 5.2.2 of the plan), — the support for productive activity generically defined in Article 5 (1) (c) of Law 102/1990 (point 5.2.3 of the plan), — the contributions to the Guarantee Fund for Industry, Commerce and Craft Enterprises provided for in Article 5 (1) (c) of Law No 102/1990 (point 5.2.2 of the plan states that these contributions may be granted only to the ‘Consorzi garanzia fidi’ (agencies set up to provide collateral security, thereby assisting SMES’ access to credit) in the Province of Sondrio and that the guarantees may be accompanied by interest subsidies), : — the tax exemptions and reductions, including those relating to the energy tax, provided for in Article 11 of Law No 102/1990 (point 5.2.1 of the plan).