NoL346/60 OfficialJournaloftheEuropeanCommunities 29.12.77
COUNCILREGULATION (EEC)No2942/77
of20December1977
ontheapplicationofDecisionNo2/77oftheEEC-IcelandJointCommitteederogating
fromtheprovisionsofListAannexedtoProtocol3concerningthedefinitionoftheconcept
of'originatingproducts'andmethodsofadministrative cooperation
HASADOPTEDTHISREGULATION :
Article1
ForthepurposesoftheAgreementbetweenthe
EuropeanEconomicCommunityandtheRepublicof
Iceland,JointCommitteeDecisionNo2/77shallapply
intheCommunity .
ThetextofthatDecisionisannexedhereto.THECOUNCILOFTHEEUROPEANCOMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,andinparticularArticle113
thereof,
HavingregardtotheproposalfromtheCommission ,
WhereasanAgreementbetweentheEuropean
EconomicCommunityandtheRepublicofIceland(*)
wassignedon22July1972andenteredintoforceon
1April1973;
Whereas,pursuanttoArticle28ofProtocol3concern­
ingthedefinitionoftheconceptof'originatingprod­
ucts'andmethodsofadministrative cooperation ,
whichisanintegralpartofthatAgreement,theJoint
CommitteehasadoptedDecisionNo2/77derogating
fromtheprovisionsofListAannexedtothatProtocol;
WhereasitisnecessarytoapplythatDecisioninthe
Community ,Article2
ThisRegulationshallenterintoforceonthethirdday
followingitspublicationintheOfficialJournalofthe
EuropeanCommunities .
Itshallapplywitheffectfrom1December1977.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMemberStates.
DoneatBrussels,20December1977.
FortheCouncil
ThePresident
J.CHABERT
OJNoL301,31.12.1972,p.1.

29.12.77 OfficialJournaloftheEuropeanCommunities NoL346/61
ANNEX
JOINTCOMMITTEE DECISIONNo2/77
of19December1977
derogatingfromtheprovisionsofListAannexedtoProtocol3concerningthedefinitionof
theconceptof'originatingproducts'andmethodsofadministrativecooperation
THEJOINTCOMMITTEE , Whereastheinternational economicconditionsthatled
totheadoptionofthoseprovisionsfortheproductsin
questioncontinuetoobtain;whereastheperiodofval­
idityoftheprovisionsshouldthereforebeextended
until31December1978,HavingregardtotheAgreementbetweentheEuropean
EconomicCommunityandtheRepublicofIceland
signedinBrusselson22July1972,
HavingregardtoProtocol3concerningthedefinition
oftheconceptof'originatingproducts'andmethodsof
administrative cooperation (hereinafterreferredtoas
'Protocol3'),andinparticularArticle28thereof,HASDECIDEDASFOLLOWS :
Article1
Notwithstanding thespecialprovisionsapplicableto
headingNoex38.19inAnnexIItoProtocol3,
theproductslistedincolumn2belowshallbecon­
sideredasproductsoriginatinginIcelandorthe
Communityiftheconditionsincolumn4arefulfilled,
providedtheotherconditionsofProtocol3applicable
tothoseproductsaresatisfied.WhereastheprovisionsofListAannexedtoProtocol3,
asamendedbyJointCommitteeDecisionNo2/76(*),
applyonlyuntil30November1977inthecaseofcer­
tainproductsfallingwithinheadingNo38.19;
Productsobtained
CCT
headingNoDescriptionWorkingorprocessingthat
doesnotconferthestatusof
originatingproductsWorkingorprocessingthatconfersthe
statusoforiginatingproductswhenthe
followingconditionsaremet
1 2 3 4
ex38.19Auxiliaryproductsofakindusedinthetextile,
leatherandpaperindustries(notelsewherespecified
orincluded);compositeplasticizers,hardeners,and
stabilizersforplasticmaterialsandforproducts
basedonplasticmaterials(notelsewherespecifiedor
included)Manufacture inwhichthe
valueoftheproductsused
doesnotexceed60%ofthe
valueofthefinishedprod­
uct
(4)OJNoL328,26.11.1976,p.18.

NoL346/62 OfficialJournaloftheEuropeanCommunities 29.12.77
Article2
ThisDecisionshallenterintoforceon1December1977andshallapplytoproducts
exportedupto31December1978inclusive.
DoneatBrussels,19December1977.
FortheJointCommittee
ThePresident
P.DUCHATEAU