# Council Decision of 10 December 1982 on the rules applicable, in the fields of export guarantees and finance for export, to certain subcontracts with parties in other Member States of the European Communities or in non-member countries (82/854/EEC) (revoked)

EU Decision 1982/854 · adopted 10 December 1982

Council Decision of 10 December 1982 on the rules applicable, in the fields of export guarantees and finance for export, to certain subcontracts with parties in other Member States of the European Communities or in non-member countries (82/854/EEC)

## Introductory text

Council Decision
of 10 December 1982
on the rules applicable, in the fields of export guarantees and finance for export, to certain subcontracts with parties in other Member States of the European Communities or in non-member countries
(82/854/EEC) (revoked)
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## Signature

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## I Definition of ‘subcontract’

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### Section II: Automatic inclusion of subcontracts in the cover

## 1 Subcontracts exclusively with parties in one or more Member States shall be automatically included in the cover which may be granted to the principal contractor where the amount of such subcontracts is equal to or less than:

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## III Financing of subcontracts which have been included in cover

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### Section IV: Exchange of information

## 1 A subsequent exchange of information shall take place within the framework of the Policy Coordination Group for Credit Insurance, Credit Guarantees and Financial Credits as regards individual contracts in respect of which subcontracting in non-member countries exceeds 30 % and, in respect of mixed subcontracting both in Member States and in non-member countries, where the total value exceeds that percentage.

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## V Basis of calculation

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Source: https://www.legislation.gov.uk/eudn/1982/854 (the official version)
Page: https://openlegislation.uk/eu-decision-1982-854
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.