31978R0700

14 . 4 . 78 No L 102 / 13 Official Journal of the European Communities

COUNCIL REGULATION (EEC) No 700/78

of 20 March 1978 establishing indicative ceilings and Community supervision for imports of certain products originating in Iceland ( 1978 )

THE COUNCIL OF THE EUROPEAN COMMUNITIES, HAS ADOPTED THIS REGULATION :

Having regard to the Treaty establishing the European Article 1 Economic Community, and in particular Article 113 thereof, From 1 January to 31 December 1978 , imports of products originating in Iceland and indicated in the Having regard to the proposal from the Commission, Annex to this Regulation shall be subject to Community supervision .

Whereas an Agreement (*) between the European Member States shall forward to the Commission, not Economic Community and the Republic of Iceland was later than the 15th day of each month, statements of signed on 22 July 1972 ; imports of the products in question effected during the preceding month; to this end, only products submitted to the customs authorities under cover of an entry for Whereas Articles 1 and 2 of Protocol 1 annexed to that home use and accompanied by a movement certificate Agreement make provision for a specific timetable for conforming to the rules contained in Protocol 3 to the the progressive abolition of customs duties in respect of Agreement shall be taken into consideration. the products to which the Agreement applies; whereas under Article 3 of that Protocol the imports of these products are limited to annual indicative ceilings above which the customs duties applicable to third countries Article 2 may be reintroduced; whereas, however, under Article 3 (b), the Community has to suspend the application of For the implementation of this Regulation the Com­ certain ceilings ; whereas in the light of the current situ­ mission shall take all necessary measures in close coop­ ation of the trade in these products and its likely de­ eration with the Member States. velopment in 1978 , it does not seem desirable to estab­ lish indicative ceilings for this year;

Article 3 Whereas the trend of imports should be followed for certain products for which, under Article 3 of Protocol 1 , the Community has suspended the application of ceil­ This Regulation shall enter into force on the third day ings ; whereas it is therefore desirable that imports of following its publication in the Official Journal of the such products should be subject to supervision, European Communities .

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels , 20 March 1978 .

For the Council

The President

K. HEINESEN

(!) OJ No L 301 , 31 . 12 . 1972, p. 1 .

No L 102 / 14 Official Journal of the European Communities 14 . 4 . 78

ANNEX

Order CCT Description NIMEXE code No heading No

1 2 3 4

76.01 Unwrought aluminium ; aluminium waste and scrap : II ISL 1 A. Unwrought 76.01-11 , 15