AMENDMENTS 194 - 474 - Draft report Establishing a framework for screening of foreign direct investments into the European Union

Version initale

3. The Commission shall address its opinion to the Member State concerned within a reasonable period of time, and in any case no later than 25 working days following receipt of the information requested by the Commission pursuant to paragraph 2. Where a Member State has a screening mechanism in place as referred to in Article 3(1) and the information on foreign direct investment undergoing screening has been received by the Commission pursuant to Article 8(1), the opinion shall be delivered no later than 25 working days following receipt of such information. Where additional information is needed to issue an opinion, the 25-day period shall run from the date of receipt of the additional information.

Amendement

3. The Commission shall take a decision within a reasonable period of time, and in any case no later than 25 working days following receipt of the information requested by the Commission pursuant to paragraph 2. This decision can be: (a) a general authorisation of the investment (b) an authorisation under certain conditions necessary to eliminate the threat (c) no authorisation (d) an in-depth investigation in case that there are reasons to assume that more time and information is necessary to take an informed decision, which shall not take longer than 50 days. Where a Member State has a screening mechanism in place as referred to in Article 3(1) and the information on foreign direct investment undergoing screening has been received by the Commission pursuant to Article 8(1), the opinion shall be delivered no later than 25 working days following receipt of such information. Where additional information is needed to issue an opinion, the 25-day period shall run from the date of receipt of the additional information. The decision of the Commission shall be communicated to the other Member States.