Commission Regulation (EEC) No 1026/87 of 9 April 1987 reintroducing the levying of the customs duties applicable to clocks with watch movements falling under heading No 91.02 originating in Hong Kong, benefiting from the tariff preferences provided for by Council Regulation (EEC) No 3924/86

COMMISSION  REGULATION (EEC) No 1026/87
of 9 April 1987
reintroducing the levying of the customs duties applicable to clocks with watch movements falling under heading No 91.02 originating in Hong Kong, benefiting from the tariff preferences provided for by Council Regulation (EEC) No 3924/86
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation (EEC) No 3924/86 of 16 December 1986 applying generalized tariff preferences for 1987 in respect of certain industrial products originating in developing countries (1) and in particular Article 15 thereof,
Whereas, in pursuance of Articles 1 and 12 of that Regulation, suspension of customs duties shall be accorded to each of the countries or territories listed in Annex III, other than those listed in column 4 of Annex I, within the framework of the preferential ceiling fixed in column 9 of Annex I; whereas, as provided for in Article 13 of that Regulation, as soon as the individual ceilings in question are reached at Community level, the levying of customs duties on imports of the products in question originating in each of the countries and territories concerned may at any time be reintroduced;
Whereas, in the case of clocks with watch movements of heading No 91.02, the individual ceiling was fixed at 290 000 ECU; whereas, on 25 March 1987, imports of these products into the Community originating in Hong Kong reached the ceiling in question after being charged thereagainst; whereas it is appropriate to reintroduce the levying of customs duties in respect of the products in question against Hong Kong,