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Commission Regulation (EC) No 224/2007Show full title

Commission Regulation (EC) No 224/2007 of 1 March 2007 amending Regulation (EC) No 1216/2003 as regards the economic activities covered by the labour cost index (Text with EEA relevance)

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Article 1

Regulation (EC) No 1216/2003 is amended as follows:

1.

Article 4 is replaced by the following:

Article 4Coverage of NACE Rev. 1 sections L, M, N, and O

1.As regards Member States other than those referred to in paragraph 2, labour cost index data for NACE Rev. 1 sections L, M, N and O shall be produced and transmitted for the first quarter of 2007 and thereafter for each quarter.

2.As regards the following Member States, the data shall be produced and transmitted for the first quarter of 2009 and thereafter for each quarter: Belgium, Denmark, Greece, Spain, France, Ireland, Italy, Cyprus, Luxembourg, Malta, Austria, Poland and Sweden.

3.By way of exception to paragraphs 1 and 2, seasonally and working-day adjusted series as referred to in Article 1(2)(c) shall be produced and transmitted as soon as series covering four years of data are available;

2.

Annex III is deleted;

3.

Item 6 in Annex IV is replaced by the following:

‘6.

The first index reference year shall be the year 2000, when the annual labour cost index equals 100. If indices for NACE sections L, M, N and O are not available for the year 2000, the first available indices shall be set at a level close to the annual average of NACE sections C to K.

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