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31.10.2013 Official
Journal
of
the
European
Union L
291/51
DECISION OF THE EEA JOINT COMMITTEE
No 86/2013
of 3 May 2013
amending Annex XII (Free movement of capital) to the EEA Agreement
THE EEA JOINT COMMITTEE,
“ ‘micro-enterprise’ means an enterprise, which, at the time
of conclusion of the payment service contract, is any entity
engaged in an economic activity, irrespective of its legal
Having regard to the Agreement on the European Economic
form. This includes, in particular, self-employed persons
Area (‘the EEA Agreement’), and in particular Article 98 thereof,
and family businesses engaged in craft or other activities,
and partnerships or associations regularly engaged in an
economic activity. The category of micro, small and
Whereas:
medium-sized enterprises (SMEs) is made up of enterprises
which employ fewer than 250 persons and which have an
(1) Regulation
(EC)
No
924/2009
of
the
European
annual turnover not exceeding EUR 50 million, and/or an
Parliament and of the Council of 16 September 2009
annual balance sheet total not exceeding EUR 43 million.
on cross-border payments in the Community and
Within the SME category, a microenterprise is defined as an
repealing Regulation (EC) No 2560/2001 (
enterprise which employs fewer than 10 persons and whose

1 ) is to be
incorporated into the EEA Agreement.
annual turnover and/or annual balance sheet total does not
exceed EUR 2 million.” ’;
(2) Regulation
(EU)
No
260/2012
of
the
European
Parliament and of the Council of 14 March 2012 estab
(2) the following is inserted after point 3 (Regulation (EC) No
lishing technical and business requirements for credit
924/2009 of the European Parliament and of the Council):
transfers and direct debits in euro and amending Regu
lation (EC) No 924/2009 ( 2 ) is to be incorporated into
‘3a. 32012 R 0260: Regulation (EU) No 260/2012 of the
the EEA Agreement.
European Parliament and of the Council of 14 March
2012 establishing technical and business requirements
for credit transfers and direct debits in euro and
(3) Annex
XII
to
the
EEA
Agreement
should
therefore
be
amending Regulation (EC) No 924/2009 (OJ L 94,
amended accordingly,
30.3.2012, p. 22).
HAS ADOPTED THIS DECISION:
The provisions of the Regulation shall, for the
purposes of this Agreement, be read with the
following adaptation:
Article 1
Annex XII to the EEA Agreement shall be amended as follows:
Article 2(23) shall read as follows:
(1) the text of point 3 (Regulation (EC) No 2560/2001 of the
“ ‘micro-enterprise’ means an enterprise, which, at the
European Parliament and of the Council) is replaced by the
time of conclusion of the payment service contract, is
following:
any entity engaged in an economic activity, irrespective
of its legal form. This includes, in particular, self-
employed persons and family businesses engaged in
‘32009 R 0924: Regulation (EC) No 924/2009 of the
craft or other activities, and partnerships or associ
European Parliament and of the Council of 16 September
ations regularly engaged in an economic activity. The
2009 on cross-border payments in the Community and
category of micro, small and medium-sized enterprises
repealing Regulation (EC) No 2560/2001 (OJ L 266,
(SMEs) is made up of enterprises which employ fewer
9.10.2009, p. 11), as amended by:
than 250 persons and which have an annual turnover
not exceeding EUR 50 million, and/or an annual
balance sheet total not exceeding EUR 43 million.
— 32012 R 0260: Regulation (EU) No 260/2012 of the
Within the SME category, a microenterprise is
European Parliament and of the Council of 14 March
defined as an enterprise which employs fewer than
2012 (OJ L 94, 30.3.2012, p. 22).
10 persons and whose annual turnover and/or
annual balance sheet total does not exceed EUR 2
The provisions of the Regulation shall, for the purposes of
million.” ’.
this Agreement, be read with the following adaptation:
Article 2
Article 2(12) shall read as follows:
The texts of Regulations (EC) No 924/2009 and (EU) No
260/2012 in the Icelandic and Norwegian languages, to be
( 1 ) OJ L 266, 9.10.2009, p. 11.
published in the EEA Supplement to the Official Journal of the
( 2 ) OJ L 94, 30.3.2012, p. 22.
European Union, shall be authentic.

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L 291/52
EN
Official Journal of the European Union
31.10.2013
Article 3
This Decision shall enter into force on 4 May 2013, provided that all the notifications under Article 103(1)
of the EEA Agreement have been made (*).
Article 4
This Decision shall be published in the EEA Section of, and in the EEA Supplement to, the Official Journal of
the European Union.
Done at Brussels, 3 May 2013.
For the EEA Joint Committee
The President
Gianluca GRIPPA
(*) Constitutional requirements indicated.

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Document Outline

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