Its scope should provide for an appropriate solution to the question of separation between the registered office and the administrative seat of a company.

Its scope should provide for an appropriate solution to the question of separation between the registered office and the administrative seat of a company.

Moving away from a merely administrative role, the EIT headquarters will optimise their operational functions to steer the KICs to maximum performance and make good results widely available.

3. Notes that, in its reply to the ECA's 2006 annual report, the Agency estimated the extra costs resulting from its obligation to work in two different cities - the administrative seat being in Valenciennes whereas meetings are held in Lille - at EUR 450 000, not including indirect cost such as "wasted" working hours due to travelling or additional administrative work;

(17) The appointment of representatives responsible for settling claims should be one of the conditions for access to and carrying on the activity of insurance listed in class 10 of point A of the Annex to Directive 73/239/EEC(9), except for carriers' liability; that condition should therefore be covered by the single official authorisation issued by the authorities of the Member State where the insurance undertaking establishes its head office, as specified in Title II of Directive 92/49/EEC(10); that condition should also apply to insurance undertakings having their head office outside the Community which have secured an authorisatio ...[+++]n granting them access to the activity of insurance in a Member State of the Community; Directive 73/239/EEC should be amended and supplemented accordingly.

The headquarters of the organisation are in Bern and its constituent bodies are: the general assembly, the administrative and financial committee, the revision committee, the committee of experts for the carriage of dangerous goods and the central office for international carriage by rail.