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2006/789/EC: Council Decision of 13 November 2006 on… Article 4

2006/789/EC: Council Decision of 13 November 2006 on… Article 4

Article 4

In the case of an individual contract, the Member State initiating consultation shall supply the following information: (a) country of destination; (b) location of the transaction or, failing that, address of head office of the contracting party in the country of destination; (c) characteristics of the transaction: (i) nature of transaction: type of material and approximate number of items to be supplied; (ii) value rating according to the scale given in Annex II; (iii) whether buyers and any guarantors are public or private; (iv) if transaction is to be put for international tender, closing date for submission of tenders; (d) principal credit terms applied for by proposed recipient; (e) credit terms the authorities in the exporting country propose to offer: (i) percentage payable on credit; (ii) duration of credit and starting-point thereof (e.g. each delivery, last delivery, commissioning); (iii) repayment rate; (iv) where repayment is not to be effected by equal instalments at regular intervals between the starting-point and termination of the credit, exact details of how this is to be effected (percentage of each instalment and exact date of payment); (v) amount of effective interest subsidy, where it differs from that receivable under the normal system; interest rate if the credit is to be granted out of public funds; (vi) credit insurance charges, where these differ from those payable under the normal system; (vii) scope and terms of any support for local expenditure; (f) precise grounds cited for not applying, or departing from, the norms set out in Article 2(1). Where they obtain, the following circumstances must be specified: (i) aid credit; (ii) competition from a third country (with indication whether or not supported); (iii) transaction to be charged to a global arrangement which has been the subject of previous consultation.

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Other provisions in SECTION II — Procedure

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationArticle 4 of 2006/789/EC: Council Decision of 13 November 2006 on… (LawPlayer, data as of 2026-07-04)

© European Union, https://eur-lex.europa.eu, 1998-2026. Reuse authorised under Commission Decision 2011/833/EU, provided the source is acknowledged.

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