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2006/789/EC: Council Decision of 13 November 2006 on… Article 5

2006/789/EC: Council Decision of 13 November 2006 on… Article 5

Article 5

In the case of global credit arrangements, the Member State initiating consultation shall supply the following information: (a) country of destination; (b) ceiling of global credit arrangement; (c) purpose of credit: (i) if known, place where transaction is to be carried out; (ii) type of material, the supply of which is contemplated; (iii) whether borrowers and any guarantors are public or private; (d) credit terms as under point (e) of Article 4 and eligibility requirements for individual contracts (e.g. closing dates for charging to global credit arrangement, minimum contract prices to be set, if any); (e) 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).

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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 5 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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