European Commission 1 June 1990, PROPOSAL FOR A COUNCIL REGULATION ( EEC ) ON THE TRANSFER OF SHIPS FROM ONE REGISTER TO ANOTHER WITHIN THE COMMUNITY

N o C 153/14 Official Journal of the European Communities 22. 6. 90 If requests for drawings exceed the amount remaining in the reserve, an allocation shall be made pro rata. The Member States shall be so informed by the Commission. Article 4 Once at least 80 % of the reserve as defined in Article 2 (3) has been used up, the Commission shall inform the Member States thereof.