30. 12. 86 Official Journal of the European Communities No L 370/5 COUNCIL REGULATION (EEC) No 3973/86 of 22 December 1986 concerning the application of the Protocols on financial and technical coopera- tion concluded between the Community and Algeria, Morocco, Tunisia, Egypt, Lebanon, Jordan, Syria, Malta and Cyprus THE COUNCIL OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, and in particular Articles 209 and 235 thereof, Having regard to the Regulations concerning the conclu- sion of the Protocols on financial and technical coopera- tion between the European Economic Community and Algeria ('), Morocco'(3), Tunisia (}), Egypt (%), Lebanon (9, Jordan (§), Syria ("), Malta(®) and Cyprus(®), hereinafter referred to as ‘Protocols’, Having regard to the proposal from the Commission, Having regard to the opinion of the European Parliament, Having regard to the opinion of the Court of Auditors (*°), Whereas these Protocols lay down the amount of Community aid granted to each of these countries and contain specific points for each particular case ; whereas, however, common implementing rules should be estab- lished ; Whereas detailed rules for the administration of aid not covered by the own resources of the European Investment Bank, hereinafter referred to as ‘the Bank’, must be laid down ; Whereas the rules for the administration of financial cooperation should be determined, the procedure for laying down guidelines for aid and for examining and approving it should be established, and the detailed rules for supervising the use of that aid should be defined; Whereas the Treaty has not provided the powers neces- sary for this purpose other than those under Article 235 ; Whereas a committee of representatives of the Govern- ment of the Member States should be set up at the Commission ; Whereas it should be stipulated that the draft financing decisions drawn up by the Bank for operations not () OJ No L 337, 29. 11. 1982, p. 1. () O No L 337, 29. 11. 1982, p. 29. () OJ No L 337, 29. 11. 1982, p. 43. () OJ No L 337, 29. 11. 1982, p. 8. () OJ No L 337, 29. 11. 1982, p. 22. (9 OJ No L 337, 29. 11. 1982, p. 15. () O] No L 337, 29. 11. 1982, p. 36. () O] No L 216, 5. 8. 1986, p. 1. () O] No L 85, 28. 3. 1984, p. 37. (% OJ No C 302, 27. 11. 1986, p. 6. covered by its own resources should be submitted for opinion to a committee of representatives of the Govern- ments of the Member States ; ’ Whereas work by the Commission and the Bank to apply the Protocols should be harmonized ; Whereas on 16 July 1974 the Council adopted a resolu- tion on the harmonization and coordination of Member States’ cooperation policies, HAS ADOPTED THIS REGULATION : Article 1 1.  In implementing aid to Algeria, Morocco, Tunisia, Egypt, Lebanon, Jordan and Syria, the Commission shall be responsible for applying the overall Mediterranean policy and the development cooperation policy defined by the Council and the general guidelines for financial and technical cooperation defined pursuant to the Agree- ments concluded with these countries and the Protocols. 2. In implementing aid to Malta and Cyprus, the Commission shall be responsible for applying the overall Mediterranean policy and the development cooperation policy defined by the Council and the general guidelines for financial and technical cooperation defined pursuant to the Protocol laying down certain provisions relating to the Agreement establishing an association between the European Economic Community and Malta ('), the Addi- tional Protocol to the Agreement establishing an associa- tion between the European Economic Community and the Republic of Cyprus ('?) and the Protocols on financial and technical cooperation concluded with these countries. Article 2 1. The appropriations for the financing of aid not covered by the Bank’s own resources shall be adminis- tered by the Commission, in accordance with the Finan- cial Regulation applicable to the general budget of the European Communities, subject in particular to Articles 9, 10 and 11 of this Regulation and without prejudice to the Bank’s powers in administering certain forms of aid. (") OJ No L 111, 28. 4. 1986, 1976, p. 3. () OJ No L 339, 28. 12. 1977, p. 2.