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Council of the European Union Brussels, 15 December 2023Interinstitutional File: 2021/0423 (COD)Subject:Proposal for a Regulation of the European Parliament and of the Council on methane emissions reduction in the energy sector and amending Regulation (EU) 2019/942The Annex contains the consolidated compromise text of the above draft Regulation, subject to revisions by the legal linguists of both Institutions.___1ANNEX2021/0423(COD) Proposal for a REGULATION OF THE EUROPEAN PARLIAMENT
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Understand the regulatory framework and the purpose of the proposal.
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A proposal for a regulation is a formal suggestion or document submitted to establish new rules or amend existing regulations in a specific area of governance.
Typically, government agencies, regulatory bodies, or organizations affected by existing regulations are required to file a proposal for a regulation.
To fill out a proposal for a regulation, one must provide detailed information, including the purpose of the regulation, background information, specific provisions, and compliance requirements, usually following a prescribed format provided by the issuing authority.
The purpose of a proposal for a regulation is to outline changes needed to address specific issues, protect public interests, ensure safety, or comply with new laws or standards.
The information that must be reported typically includes the regulatory objectives, legal authority, affected parties, potential economic impacts, and any relevant data or research supporting the proposal.
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