Legal provisions of COM(2019)397 - Amendment of Regulation (EU) No 1309/2013 on the European Globalisation Adjustment Fund (2014-2020)

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dossier COM(2019)397 - Amendment of Regulation (EU) No 1309/2013 on the European Globalisation Adjustment Fund (2014-2020).
document COM(2019)397 EN
date October 24, 2019

Contents

Article 1 - Amendment to Regulation (EU) No 1309/2013

In Article 2 of Regulation (EU) No 1309/2013, point (a) is replaced by the following:

‘(a)workers made redundant and self-employed persons whose activity has ceased as a result of major structural changes in world trade patterns due to globalisation, demonstrated, in particular, by a substantial increase in imports into the Union, a serious shift in Union trade in goods or services, a rapid decline of the Union market share in a given sector, a delocalisation of activities to third countries or as a result of the withdrawal of the United Kingdom from the Union without a withdrawal agreement, provided that these redundancies have a significant adverse impact on the local, regional or national economy;’.

Article 2 - Entry into force

This Regulation shall enter into force on the day following that of its publication in the Official Journal of the European Union.

It shall apply from the day following that on which the Treaties cease to apply to the United Kingdom pursuant to Article 50(3) TEU.

However, this Regulation shall not apply if a withdrawal agreement concluded with the United Kingdom in accordance with Article 50(2) TEU has entered into force by the date following that on which the Treaties cease to apply to the United Kingdom.

This Regulation shall be binding in its entirety and directly applicable in all Member States.