(6) This section shall explain whether the borrowing rate is fixed or variable and, where applicable, the periods during which it will remain fixed; the frequency of subsequent revisions and the existence of limits to the borrowing rate variability, such as caps or floors.

(6) This section shall explain whether the borrowing rate is fixed or variable and, where applicable, the periods during which it will remain fixed; the frequency of subsequent revisions and the existence of limits to the borrowing rate variability, such as caps or floors.

In addition, the International Commission for Non-Ionising Radiation Protection (ICNIRP) is currently in the process of revising the guidelines regarding static magnetic fields and time varying low frequency range fields on which the directive was originally based: these studies could confirm the need to set less stringent action and limit values than those set by the directive for low frequency fields.

The studies shall be carried out taking into account the benefits of a reduced reference period in relation to the cost of collection and burden on business to assess the feasibility of reducing the reference period of a quarter for the turnover variable (No 120) to a reference period of a month.

1. Wishes to compliment the European Commission on its communication, which demonstrates a broad and complete analysis and includes sensible proposals, but considers that there is a need for a clearer and unambigous formulation of the political aims and principles underlying the further development of the European telecommunications market and a further consideration of a number of themes, such as the concept of competition, the question of dealing with an imperfect market, the proposed system of Significant Market Power and Dominant Positions, general authorisation and auctions, and the institutional framework with respect to the democratic basis and certainty for market players; considers that the Commission should promote the creation o ...[+++]f a level playing field in relation to the three objectives of the 1999 Review and stresses that, in some Member States, no auctions of UMTS frequencies are held, as a result of which some ICT companies obtain UMTS frequencies at far lower prices than their competitors; points out that this does not create a level playing field; observes that the influence of governments on national ICT companies is regulated in very different ways (e.g. by means of minority holdings or golden shares) and that this has constituted an obstacle to mergers between European ICT companies; calls on the Commission to create a level playing field in this respect too;

This prevents revenue-generating being built into an escalating price of the resource.