Traduction de «Direct application credit » (Anglais → Français) :

3. Member States shall further ensure that the provisions they adopt in implementation of this Directive cannot be circumvented as a result of the way in which agreements are formulated, in particular by integrating drawdowns or credit agreements falling within the scope of this Directive into credit agreements the character or purpose of which would make it possible to avoid its application.

For specific types of credit agreements, however, it is appropriate, in order to ensure an adequate level of consumer protection without placing an excessive burden on creditors or, where applicable, credit intermediaries, to restrict the pre-contractual information requirements of this Directive, taking into account the specific character of such types of agreements.

The consumer credit directive needs to be updated to ensure that the very specific consumer protection rules it lays down interface smoothly with the more widely applicable rules these directives lay down.

Given that the Belgium Government engaged itself that the aid scheme will be applied respecting the aid ceiling of the Seventh Directive, set at 13 % for 1991 and 9 % for 1992 and 1993, the law on maritime credit is approved under Articles 3 and 4 of the Seventh Directive except for the application of the law to three contracts signed in 1990 and 1991 by Boelwerf which will be taken into account under the pending State aid case N° ...[+++]222/93.

The UK notification covers the following aid schemes that were previously approved under the Seventh Directive: A. Concerning operating aid a) Shipbuilding Intervention Fund : Contract related direct production aid to yards in the form of grants. b) Shipbuilders' Relief : Grants amounting to 2% of the contract price covering reimbursement of duties applicable to hydrocarbon oil and vehicle excise licenses, where such costs enter into the costs of constructing, fitting out and equipping the vessel. c) Home ...[+++]Credit and Export Credit Guarantees : Indirect production aid by credit facilities for UK shipowners and foreign shipowners at 80% of eligible ship costs over 8.5 years at 7 1/2% interest rate net of charges, equal to 8% gross.

The package, in the form of a Communication to the European Parliament, the Council of Ministers, the European Monetary Institute and the Economic and Social Committee, includes: - a proposal for a Directive, which would impose an obligation on banks to respect contractual obligations as regards timing of transfers, outlaw double-charging, require lost payments to be reimbursed and sets the transparency rules applicable to transfers; - a call on the banking sector to enter, in agreement with consumer representatives, into voluntary commitments which anticipate the implementation of the provisions laid down in its proposed Directive; - ...[+++]a draft notice concerning the principles which the Commission intends to use when applying EC Treaty competition rules to cross-border credit transfer systems (concerning, for example, agreements between banks setting up such systems) - a work programme of accompanying measures in such areas as the preparation of payment systems for the transition to a single currency, risk reduction in cross-border payment systems, transparency of so-called face-to-face cross-border payments (such as credit card purchases in other Member States) and an analysis of the regulatory implications of new generation payment instruments such as electronic purses and wallets.