No L 374/22 Official Journal of the European Communities 22.12. 92 COMMISSION REGULATION (EEC) No 3690/92 of 21 December 1992 amending Regulation (EEC) No 1102/89 laying down certain measures for implementing Council Regulation (EEC) No 1101/89 on structural improvements in inland waterway transport THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, Having regard to Council Regulation (EEC) No 1101/89 of 27 April 1989 on structural improvements in inland waterway transport ('), as amended by Regulation (EEC) No 3572/90 (3, and, in particular, Article 6 thereof, Whereas Regulation (EEC) No 1101/89 provides for the possibility of reducing the capacity of the inland waterway fleet by organizing scrapping schemes coordinated at Community level ; Whereas, pursuant to Article 6 of Regulation (EEC) No 1101/89, the Commission must adopt a number of decisions concerning the operation of the scrapping schemes established in that Regulation ; whereas, there- fore, Commission Regulation (EEC) No 1102/89 (%), as last amended by Regulation (EEC) No 317/92 (%), laid down the rates for annual contributions to the scrapping funds, the rates for the scrapping premiums, and the period during which, and the conditions subject to which, such scrapping premiums could be obtained ; Whereas the funds continue to be financed by annual contributions and by special contributions under the old- for-new mechanism and whereas it is therefore desirable, given the continued overcapacity in the sector, to allow further scrapping premiums to be paid; Whereas the special contributions should be used for the payment of such premiums together with the annual contributions, after full repayment of the pre-financed sums ; Whereas, it is appropriate that, as soon as the pre- financed sums are fully repaid, the annual contributions be reduced ;- Whereas, within the limits of the available financial resources, it is also appropriate to amend the provisions as to the period for granting scrapping premiums, and the conditions and rates thereof ; Whereas in order to operate the mutual financial support arrangements between the national scrapping funds it is () OJ No L 116, 28. 4. 1989, p. 25. () O] No L 353, 17. 12. 1990, p. 12. () OJ No L 116, 28. 4. 1989, p. 30. () OJ No L 37, 9. 2. 1991, p. 27. advisable for the Commission, with the help of the repre- sentatives of the national funds, to balance the accounts of these funds at the beginning of each year so as to ensure that the repayment period for the sums pre-financed by the Member States concerned is the same for all funds and also to ensure that all owners of inland waterway vessels shall have equal opportunities for obtaining a scrapping premium under Regulation (EEC) No 1101/89 ; Whereas the proposed amendments reflect the views received from Member States and from the organizations representing inland waterway carriers, HAS ADOPTED THIS REGULATION : Article 1 Regulation (EEC) No' 1102/89 is hereby amended as follows : ' 1. the following paragraph 4 is added to Article 1: ‘4.  Without prejudice to the provisions of para- graphs 1, 2 and 3 and in view of the need to reduce fleet capacity further, the following financial resources shall be allocated for that purpose from 1 January 1993 : — the special contributions referred to in Article 8 (1) (a) of Regulation (EEC) No 1101/89 received by the Funds after 1 January 1993, — the annual contributions referred to in Article 4 (1) of Regulation (EEC) No 1101/89 received by the Funds after the payments advanced in accordance with Article 7 (1) of that Regulation have been repaid.’ ; 2. the following paragraph 4 is added to Article 3: ‘4.  As from the calendar year following the year in which the pre-financed sums under Article 7 (1) of Regulation (EEC) No 1101/89 have been repaid in respect of the separate accounts referred to in Article 3 (3) of the same Regulation, the rate of the annual contributions referred to in paragraph 1 above shall be reduced by 50 %. The percentage of this reduction shall be valid until 31 December 1994 and may be readjusted so as to take account of changes in the inland waterway transport market.’ ;