CELEX: 
Language: en
Date: 1985-11-15 00:00:00
Title: Council Regulation (EEC) No 3178/85 of 11 November 1985 on the application of Decision No 1/85 of the EEC-Iceland Joint Committee altering the limits expressed in ECU in Article 8 of Protocol 3 concerning the definition of the concept of originating products and methods of administrative cooperation #Decision No 1/85 of the EEC-Iceland Joint Committee of 10 June 1985 altering the limits expressed in ECU in Article 8 of Protocol 3 concerning the definition of the concept of originating products and methods of administrative cooperation

15. 11 . 85                             Official Journal of the European Communities                            No L 301 /5
                                       COUNCIL REGULATION (EEC) No 3178 /85
                                                    of 11 November 1985
                 on the application of Decision No 1 /85 of the EEC-Iceland Joint Committee
                 altering the limits expressed in ECU in Article 8 of Protocol 3 concerning the
                 definition of the concept of originating products and methods of administrative
                                                          cooperation
THE COUNCIL OF THE EUROPEAN COMMUNITIES,                           HAS ADOPTED THIS REGULATION :
Having regard to the Treaty establishing the European
Economic Community, and in particular Article 113
thereof,                                                                                   Article 1
Having regard to the proposal from the Commission,
                                                                   Decision No 1 /85 of the EEC-Iceland Joint Committee
Whereas the Agreement between the European Economic               shall apply in the Community.
Community and the Republic of Iceland ('), signed on 22
July 1972, entered into force on 1 April 1973 ;
                                                                  The text of the Decision is attached to this Regulation .
Whereas by virtue of Article 28 of Protocol 3 concerning
the definition of the concept of originating products and
methods of administrative cooperation, which forms an
integral part of the said Agreement, the Joint Committee                                  Article 2
adopted Decision No 1 /85 further amending Article 8 of
that Protocol ;
                                                                  This Regulation shall enter into force on the third day
Whereas it is necessary to apply that Decision in the             following its publication in the Official Journal of the
Community,                                                         European Communities.
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States.
                 Done at Brussels, 11 November 1985.
                                                                             For the Council
                                                                               The President
                                                                             M. SCHLECHTER
(') OJ No L 301 , 31 . 12. 1972, p. 2.
 ---documentbreak--- No L 301 /6                       Official Journal of the European Communities                           15 . 11 . 85
                   DECISION No 1/85 OF THE EEC-ICELAND JOINT COMMITTEE
                                                 of 10 June 1985
            altering the limits expressed in ECU in Article 8 of Protocol 3 concerning the
            definition of the concept of originating products and methods of administrative
                                                    cooperation
            THE JOINT COMMITTEE,
            Having regard to the Agreement between the European Economic Community and the
            Republic of Iceland signed in Brussels on 22 July 1972,
            Having regard to Protocol 3 concerning the definition of the concept of originating
            products and methods of administrative cooperation ('), and in particular Article 28
            thereof,
            Whereas the equivalents of the European units of account in some national currencies on
            1 October 1984 were lower than their equivalents on 1 October 1982 ; whereas, this fact,
            as a result of the automatic change of base date provided for in Article 8 (4) of Protocol 3
            would lead, on the conversion into the national currencies concerned, to a lowering of the
            effective limits for simplified documentary requirements ; whereas, in order to avoid this,
            the limits expressed in ECU should be raised,
            HAS DECIDED AS FOLLOWS :
                                                      Article 1
            Article 8 of Protocol 3, as last amended, is hereby amended as follows :
            — in paragraph 1 (b), '3 400 ECU' is replaced by '4 000 ECU',
            — in paragraph 2, '240 ECU' is replaced by '280 ECU' and '680 ECU' by '800 ECU'.
                                                      Article 2
            This Decision shall enter into force on 1 May 1985.
            Done at Brussels, 10 June 1985.
                                                                   For the Joint Committee
                                                                         The Chairman
                                                                     Tomas A. TOMASSON
            (') OJ No L 323, 11 . 12. 1984, p. 377.