Skip to content
GovLens is in free beta — full access while we build. Join the beta →
Feed/COD2013/0013(COD)Trade & Economy

Repeal of Regulation (EEC) No 1192/69 on common rules for the normalisation of the accounts of railway undertakings

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 117mo ago
View source

This procedure aims to repeal an outdated 1969 regulation regarding the standardization of accounts for railway companies. By removing these obsolete rules, the EU is simplifying the legal framework for rail transport to better align with modern accounting standards and current industry needs.

This change primarily affects railway undertakings across the EU. It removes old administrative requirements for how they report their financial accounts, reducing unnecessary bureaucracy for rail operators.