C8.7.91 " Official Journal of the European Communities No L 181/1 » (Acts whose publication is obligatory) COMMISSION REGULATION (EEC) No 1956/91 of 21 June 1991 laying down detailed rules for the application of Council chulatlon (EEC) No 4028/86 as regards measures to encourage the creation of joint enterprises THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, Having regard to Council Regulation (EEC) No 4028/86 of 18 December 1986 on Community measures to improve and adapt structures in the fisheries and aquaculture sector (*), as last amended by Regulation (EEC) No 3944/90 (%), and in particular Articles 21¢ and 21d thereof, Whereas Article 21b of Regulation (EEC) No 4028/86 provides for the grant of financial aid for joint enterprise projects relating to fishing vessels to be transferred to third countries; Whereas applications for Community assistance must contain information enabling the Commission to take a decision thereon and must be submitted in standardized form; Whereas it is necessary to guarantee supplies to the Community as a primary consideration and to build up stable and durable cooperation between the Community and the third countries with which it maintains fisheries relations; ! Whereas it is necessary to guarantee that joint enterprise projects cofinanced by the Community offer a good prospect of being implemented in order to ensure that the favourable decisions taken by the Commission represent effective expenditure; Whereas payment applications to the Commission by the Member State(s) concerned must contain certain infor- () OJ No L 376, 31. 12. 1986. () OJ No L 380, 31. 12. 1990. mation permitting verification that the expenditure meets the requirements of Regulation (EEC) No 4028/86; Whereas applications are to be lodged through the competent authorities of the Member States, which must examine them in order to formulate an opinion for the attention of the Commission; ‘Whereas the Commission must have the information needed to take a dcc1sxon on the merits on such applications; Whereas this Regulation should be restricted to laying down the detailed rules for payment of the Community assistance referred to in Article 21c(2) of Regulation (EEC) No 4028/86 where such aid consists of a subsidy, it being understood that the detailéd rules for the other forms of aid will be adopted horizontally for the application of both Article 21¢ and Article 43 of that Regulation; Whereas the purpose of measures to encourage the creation of joint enterprises is to stimulate initiatives of this type throughout the Community fishing industry; whereas it is therefore essential that Member States be informed of the results obtained by the said joint enter- prises; ‘Whereas, in order that proper checks may be made, Member States must keep at the Commission’s disposal, for three years following the final payment, the documents on which the aid calculations were based; Whereas the measures provided for in. this Regulation are in accordance with the opinion of the Standing Committee for the Fishing Industry, HAS ADOPTED THIS REGULATION: Article 1 1. The joint enterprise projects referred to in Article 21b (1) of Regulation (EEC) No 4028/86, as amended,