The second point raised in my motion concerns the costs of running the old age security program.

(24) In view of the speed with which modern fully automated payment systems process payment transactions, which means that after a certain point payment orders cannot be revoked without high manual intervention costs, it is necessary to specify a clear deadline for revocations, in order to allow efficient processing while ensuring legal certainty for all the parties involved.

When machinery is placed on the market or is first put into service, the manufacturer or his authorised representative established within the Community must ensure, by taking appropriate measures or having them taken, that lifting accessories and machinery which are ready for use - whether manually or power-operated - can fulfil their specified functions safely. The said measures must take into account the static and dynamic aspects of the machinery.

When machiney is placed on the market or is first put into service, the manufacturer or his authorized representative established within the Community must ensure, by taking appropriate measures or having them taken, that lifting accessories and machinery which are ready for use - whether manually or power-operated - can fulfil their specified functions safely. The said measures must take into account the static and dynamic aspects of the machinery.

In accordance with that code the Regulation will oblige shipping companies to set up a "Safety Management System" under which they would: - establish a policy for the safe operation of its ships and the protection of the environment, - define the responsibilities of, and relations between, all persons responsible within the company and on board the ships for the safe operation of the ships and for pollution prevention, - designate a central person responsible for safe management and pollution prevention, - ensure that the safety personnel ashore, the masters of its ships and the crew are properly qualified and able to communicate with ea ...[+++]ch other on safety matters, - define shorebound and on board instructions, procedures and drills for the safe operation of the ships and for the response to emergency situations, - prepare procedures for the reporting and analysis of non-conformities, accidents and hazardous situations, - ensure proper maintenance of its ships and its equipment, - establish a "Safety Management Manual", - regularly evaluate the SMS, - obtain a "Document of Compliance" issued by the flag State or by the country of operation and certifying that the SMS of the company complies with the ISM-Code, - obtain a "Safety Management Certificate" issued by the flag State and certifying that the SMS of the ship complies with the ISM-Code.

It recommends shipping companies to set up a "Safety Management System" under which they would: - establish a policy for the safe operation of its ships and the protection of the environment, - define the responsibilities of, and relations between, all persons responsible within the company and on board the ships for the safe operation of the ships and for pollution prevention, - designate a central person responsible for safe management and pollution prevention, - ensure that the safety personnel ashore, the masters of its ships and the crew are properly qualified and able to communicate with each other on safety matters, - define shore ...[+++]bound and on board instructions, procedures and drills for the safe operation of the ships and for the response to emergency situations, - prepare procedures for the reporting and analysis of non-conformities, accidents and hazardous situations, - ensure proper maintenance of its ships and its equipment, - establish a "Safety Management Manual", - regularly evaluate the SMS, - obtain a "Document of Compliance" issued by the flag State or by the country of operation and certifying that the SMS of the company complies with the ISM-Code, - obtain a "Safety Management Certificate" issued by the flag State and certifying that the SMS of the ship complies with the ISM-Code.