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( 1 ) OJ NO L 328 , 24 . 12 . 1979 , P . 25 .

COMMISSION REGULATION ( EEC ) NO 2596/80

OF 9 OCTOBER 1980

RE-ESTABLISHING THE LEVYING OF CUSTOMS DUTIES ON POCKET-WATCHES , WRIST-WATCHES AND OTHER WATCHES , FALLING WITHIN HEADING NO 91.01 AND ORIGINATING IN HONG KONG , TO WHICH THE PREFERENTIAL TARIFF ARRANGEMENTS SET OUT IN COUNCIL REGULATION ( EEC ) NO 2789/79 APPLY

THE COMMISSION OF THE EUROPEAN

COMMUNITIES ,

HAVING REGARD TO THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY ,

HAVING REGARD TO COUNCIL REGULATION ( EEC ) NO 2789/79 OF 10 DECEMBER 1979 ESTABLISHING PREFERENTIAL TARIFFS IN RESPECT OF CERTAIN PRODUCTS ORIGINATING IN DEVELOPING COUNTRIES ( 1 ), AND IN PARTICULAR ARTICLE 4 ( 2 ) THEREOF ,

WHEREAS ARTICLE 1 ( 3 ) AND ( 4 ) OF THAT REGULATION PROVIDES THAT CUSTOMS DUTIES MAY , FOR EACH CATEGORY OF PRODUCTS , BE SUSPENDED UP TO A COMMUNITY CEILING , EXPRESSED IN EUROPEAN UNITS OF ACCOUNT , WHICH WILL BE EQUAL - WITH THE EXCEPTION OF CERTAIN PRODUCTS , THE VALUE OF THE CEILINGS FOR WHICH IS GIVEN IN ANNEX A THERETO - TO THE SUM ARRIVED AT BY ADDING TOGETHER THE VALUE OF THE PRODUCTS IN QUESTION IMPORTED CIF INTO THE COMMUNITY IN 1977 AND COMING FROM COUNTRIES AND TERRITORIES COVERED BY THOSE ARRANGEMENTS , BUT NOT INCLUDING PRODUCTS COMING FROM COUNTRIES AND TERRITORIES ALREADY COVERED BY VARIOUS PREFERENTIAL TARIFF ARRANGEMENTS ESTABLISHED BY THE COMMUNITY , AND 5 % OF THE VALUE OF 1977 CIF IMPORTS COMING FROM OTHER COUNTRIES AND FROM COUNTRIES AND TERRITORIES ALREADY COVERED BY SUCH ARRANGEMENTS ; WHEREAS , HOWEVER , THE CEILING RESULTING FROM THE SUM OF THIS ADDITION MAY IN NO CASE EXCEED 110 OR 115 % OF THAT FIXED FOR 1979 ;

WHEREAS , HAVING REGARD TO THAT CEILING , THE AMOUNTS FOR PRODUCTS ORIGINATING IN ANY ONE OF THE COUNTRIES OR TERRITORIES LISTED IN ANNEX B TO THAT REGULATION SHOULD BE WITHIN A MAXIMUM COMMUNITY AMOUNT REPRESENTING 50 % OF THAT CEILING , WITH THE EXCEPTION OF CERTAIN PRODUCTS FOR WHICH THE MAXIMUM AMOUNT IS TO BE REDUCED TO THE PERCENTAGE INDICATED IN ANNEX A THERETO ;

WHEREAS ARTICLE 2 ( 2 ) AND ( 3 ) OF THAT REGULATION PROVIDES THAT THE LEVYING OF CUSTOMS DUTIES MAY BE RE-ESTABLISHED AT ANY TIME IN RESPECT OF IMPORTS OF THE PRODUCTS IN QUESTION ORIGINATING IN ANY OF THE SAID COUNTRIES OR TERRITORIES - WITH THE EXCEPTION OF THOSE LITED IN ANNEX C THERETO - ONCE THE RELEVANT COMMUNITY AMOUNT HAS BEEN REACHED ;

WHEREAS , IN RESPECT OF POCKET-WATCHES , WRIST-WATCHES AND OTHER WATCHES , FALLING WITHIN HEADING NO 91.01 AND ORIGINATING IN HONG KONG THE CEILING , CALCULATED AS INDICATED ABOVE , SHOULD BE 65 126 000 EUROPEAN UNITS OF ACCOUNT , AND THEREFORE THE MAXIMUM AMOUNT IS 32 563 000 EUROPEAN UNITS OF ACCOUNT ; WHEREAS ON 12 SEPTEMBER 1980 , THE AMOUNTS OF IMPORTS INTO THE COMMUNITY OF THE PRODUCTS IN QUESTION , ORIGINATING IN HONG KONG , A COUNTRY COVERED BY PREFERENTIAL TARIFF ARRANGEMENTS , REACHED THAT MAXIMUM AMOUNT ; WHEREAS , BEARING IN MIND THE OBJECTIVES OF REGULATION ( EEC ) NO 2789/79 WHICH PROVIDES THAT MAXIMUM AMOUNTS SHOULD NOT BE EXCEEDED , CUSTOMS DUTIES SHOULD BE RE-ESTABLISHED IN RESPCT OF THE PRODUCTS IN QUESTION IN RELATION TO HONG KONG ,

HAS ADOPTED THIS REGULATION :

ARTICLE 1

AS FROM 13 OCTOBER 1980 , THE LEVYING OF CUSTOMS DUTIES , SUSPENDED IN PURSUANCE OF COUNCIL REGULATION ( EEC ) NO 2789/79 , SHALL BE RE-ESTABLISHED IN RESPECT OF THE FOLLOWING PRODUCTS , IMPORTED INTO THE COMMUNITY AND ORIGINATING IN HONG KONG :

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CCT HEADING NO // DESCRIPTION //

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91.01 // POCKET-WATCHES , WRIST-WATCHES AND OTHER WATCHES , INCLUDING STOP-WATCHES //

ARTICLE 2

THIS REGULATION SHALL ENTER INTO FORCE ON THE THIRD DAY FOLLOWING ITS PUBLICATION IN THE OFFICIAL JOURNAL OF THE EUROPEAN COMMUNITIES .

THIS REGULATION SHALL BE BINDING IN ITS ENTIRETY AND DIRECTLY APPLICABLE IN ALL MEMBER STATES .

DONE AT BRUSSELS , 9 OCTOBER 1980 .

FOR THE COMMISSION

ETIENNE DAVIGNON

MEMBER OF THE COMMISSION