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Internal Market: Iceland to be brought to Court for failure to implement two directives

28.11.2012

PR(12)72

The EFTA Surveillance Authority decided today to bring two cases against Iceland before the EFTA Court. The cases concern the failure to timely implement two directives.

Both directives should have been made part of the Icelandic legal order by 1 November 2011.

  • Directive 2008/48/EC concerns credit agreements for consumers.
    The Directive regulates issues such as advertising requirements and standard information to be provided to consumers and, therefore, is an important instrument for the protection of consumers. The Directive is also an important instrument for harmonizing the EEA legal framework and enhancing the Internal market for consumer credit. The Directive applies to consumer credit loans between 200 EUR and 75 000 EUR. Mortgage loans and loans related to the purchase of land or real estate are, however, excluded from the scope of the Directive.
  • Council Directive 90/167/EEC concerns the preparation, placing on the market and use of medicated feedingstuffs.
    Medicated feedingstuffs is animal feed to which medication such as antibiotics and anti-parasite treatments has been added. The adding of medicines to feed is often a practical way of administering medication to animals. However, the use of such medicated feedingstuffs should comply with the rules on veterinary medicinal products. This is important to ensure that residues of the medicinal products are eliminated from meat intended for human consumption.

As Iceland failed to take satisfactory measures to implement the two Directives after receiving the Authority's reasoned opinions in June and July 2012, the matter now will be brought before the EFTA Court.

For further information, please contact:

Mr. Markus Schneider
Deputy Director, Legal and Executive Affairs
tel. (+32)(0)2 286 1884




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