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Article 1 - Amendments

Article 1
Amendments

Regulation (EC) No 1606/2002 is hereby amended as follows:

(1.)

Article 3(1) shall be replaced by the following:

‘1. The Commission shall decide on the applicability within the Community of international accounting standards. Those measures, designed to amend non-essential elements of this Regulation by supplementing it, shall be adopted in accordance with the regulatory procedure with scrutiny referred to in Article 6(2).’;

(2.)

Article 6 shall be amended as follows:

((a))

paragraph 2 shall be replaced by the following:

‘2. Where reference is made to this paragraph, Article 5a(1) to (4) and Article 7 of Decision 1999/468/EC shall apply, having regard to the provisions of Article 8 thereof.’;

((b))

paragraph 3 shall be deleted.

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