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Regulation (EU) 2020/460 of the European Parliament and of the CouncilShow full title
Regulation (EU) 2020/460 of the European Parliament and of the Council of 30 March 2020 amending Regulations (EU) No 1301/2013, (EU) No 1303/2013 and (EU) No 508/2014 as regards specific measures to mobilise investments in the healthcare systems of Member States and in other sectors of their economies in response to the COVID-19 outbreak (Coronavirus Response Investment Initiative)
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Article 3Amendments to Regulation (EU) No 508/2014
Regulation (EU) No 508/2014 is amended as follows:
(1)
Article 35 is amended as follows:
(a)
the title is replaced by the following:
“Mutual funds for public health crises, adverse climatic events and environmental incidents”;
(b)
paragraph 1 is replaced by the following:
“1.The EMFF may contribute to mutual funds which pay financial compensation to fishermen for economic losses caused by public health crises, adverse climatic events or by environmental incidents or for the rescue costs for fishermen or fishing vessels in the case of accidents at sea during their fishing activities.”;
(c)
paragraphs 5 and 6 are replaced by the following:
“5.Member States shall define the rules for the establishment and management of the mutual funds, in particular for the granting of compensation payments and the eligibility of fishermen for such compensation in the event of public health crises, adverse climatic events, environmental incidents or accidents at sea as referred to in paragraph 1, as well as for the administration and monitoring of compliance with those rules. Member States shall ensure that the fund arrangements provide for penalties in the case of negligence on the part of the fisherman.
6.Public health crises, adverse climatic events, environmental incidents or accidents at sea as referred to in paragraph 1 shall be those that are formally recognised by the competent authority of the Member State concerned as having occurred.”;
(d)
paragraph 8 is replaced by the following:
“8.The contributions referred to in paragraph 1 shall only be granted to cover losses caused by public health crises, adverse climatic events, environmental incidents or accidents at sea which amount to more than 30 % of the annual turnover of the business concerned, calculated on the basis of the average turnover of that business over the preceding three calendar years.”;
(2)
in Article 57(1), the following point is added:
“(e)
public health crises.”.
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