Green Line Regulation
In order to manage the "Green Line" that separates the government-controlled areas from the rest of the island, the Council approved the Green Line Regulation (Council Regulation No 866/2004 on 29 April 2004. The Regulation deals with the movement of persons and goods across the line. The Regulation is managed by the DG Regional and Urban Policy Task Force for the Turkish Cypriot Community, which prepares a report each year that is adopted by the Commission and sent to the Council (see Annual Report on the Implementation of the Green Line Regulation - 2011). Two years later, the Council approved the "Aid" Regulation (Council Regulation No 389/2006) on 27 February 2006, establishing a legal instrument for encouraging the economic development of the Turkish Cypriot community. The financial resources allocated amount to €259 million. This Regulation is managed by the DG Regional and Urban Policy Task Force for the Turkish Cypriot community.