Article 1 
1. The customs duties applicable to goods released for free circulation in the free zones of Madeira and the Azores may be reduced by up to 100 % on condition that: - the goods are to be processed at least to the extent required by Article 24 of Regulation (EEC) No 2913/92 and by Articles 35 to 46 of Commission Regulation (EEC) No 2454/93 (3), - the processing is wholly carried out in the geographical confines of the free zones of Madeira and the Azores. 2. Agricultural products within the meaning of Article 38 of the Treaty and listed in Annex II to the Treaty and the products not contained in Annex II obtained from agricultural products or those that incorporate such products shall be excluded from the field of application of the ruling provided for in paragraph 1. This exclusion does not include the products of the fishing sector, except those which benefit from the Community system of compensation for surcharges generated for remoter regions as provided for in Decision 91/315/EEC. 3. Goods shall be eligible for favourable tariff treatment in accordance with Articles 291 to 304 of Regulation (EEC) No 2454/93. However, the authorizations required for the granting of such treatment shall be accorded only to persons established in the Community. Article 2 The list of goods admitted with the tariff treatment provided for under this Regulation and the reduced rates of the customs duties shall be established by the Commission in accordance with the procedure provided for in Article 3 (2), on the basis of requests made by the Portuguese authorities. The other implementing provisions for this Regulation shall be adopted by the same procedure. Article 3 1. The Commission shall be assisted by the Customs Code Committee set up pursuant to Article 247 of Regulation (EEC) No 2913/92. 2. The representative of the Commission shall submit to the Committee a draft of the measures to be taken. The Committee shall deliver its opinion on the draft within a time limit which the chairman may lay down according to the urgency of the matter. The opinion shall be delivered by the majority laid down in Article 148 (2) of the Treaty in the case of decisions which the Council is required to adopt on a proposal from the Commission. The votes of the representatives of the Member States within the Committee shall be weighted in the manner set out in that Article. The chairman shall not vote. The Commission shall adopt measures which apply immediately. However, if these measures are not in accordance with the opinion of the Committee, they shall forthwith be communicated by the Commission to the Council. In that event, the Commission shall defer application of the measures which it has decided for three months from the date of notification. The Council, acting by a qualified majority, may take a different decision within the time limit referred to in the previous subparagraph. 3. The Committee may examine any matter concerning the implementation of this Regulation which is raised by its chairman on his own initiative or at the request of a Member State. Article 4 Goods released for free circulation with the tariff treatment provided for in this Regulation shall remain under customs surveillance in accordance with the procedure set out in Article 82 of Regulation (EEC) No 2913/92. Article 5 The competent Portuguese authorities shall notify the Commission before 30 January each year of the volume of imports admitted in the previous year with the tariff treatment provided for in this Regulation. Article 6 Should the volume or price of imports of products admitted with the tariff treatment provided for in this Regulation be such as to cause or threaten to cause injury to Community producers of like or directly competing products, the relevant duties may be reimposed in full or in part on the products in question, in accordance with the procedure provided for in Article 3 (2). Such measures may also be taken where there is serious injury or the threat of serious injury to a single region of the Community. Article 7 The tariff treatment provided for in this Regulation shall be applicable until 31 December 2005. After consultations with the competent Portuguese authorities, the Commission shall, in the course of the year 2000, study the effects of this measure on the economies of the two archipelagos. On the basis of its findings, it shall, if appropriate, present suitable proposals to the Council for the remaining period. Article 8 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, 22 January 1996. For the Council The President L. DINI (1) OJ No L 171, 29. 6. 1991, p. 10. (2) Council Regulation (EEC) No 2913/92 of 12 October 1992 establishing the Community Customs Code (OJ No L 302, 19. 10. 1992, p. 1). Regulation as amended by the 1994 Act of Accession. (3) OJ No L 253, 11. 10. 1993, p. 1. Regulation as last amended by Regulation (EC) No 1762/95 (OJ No L 171, 21. 7. 1995, p. 8).
Article 2 
The list of goods admitted with the tariff treatment provided for under this Regulation and the reduced rates of the customs duties shall be established by the Commission in accordance with the procedure provided for in Article 3 (2), on the basis of requests made by the Portuguese authorities. The other implementing provisions for this Regulation shall be adopted by the same procedure. Article 3 1. The Commission shall be assisted by the Customs Code Committee set up pursuant to Article 247 of Regulation (EEC) No 2913/92. 2. The representative of the Commission shall submit to the Committee a draft of the measures to be taken. The Committee shall deliver its opinion on the draft within a time limit which the chairman may lay down according to the urgency of the matter. The opinion shall be delivered by the majority laid down in Article 148 (2) of the Treaty in the case of decisions which the Council is required to adopt on a proposal from the Commission. The votes of the representatives of the Member States within the Committee shall be weighted in the manner set out in that Article. The chairman shall not vote. The Commission shall adopt measures which apply immediately. However, if these measures are not in accordance with the opinion of the Committee, they shall forthwith be communicated by the Commission to the Council. In that event, the Commission shall defer application of the measures which it has decided for three months from the date of notification. The Council, acting by a qualified majority, may take a different decision within the time limit referred to in the previous subparagraph. 3. The Committee may examine any matter concerning the implementation of this Regulation which is raised by its chairman on his own initiative or at the request of a Member State. Article 4 Goods released for free circulation with the tariff treatment provided for in this Regulation shall remain under customs surveillance in accordance with the procedure set out in Article 82 of Regulation (EEC) No 2913/92. Article 5 The competent Portuguese authorities shall notify the Commission before 30 January each year of the volume of imports admitted in the previous year with the tariff treatment provided for in this Regulation. Article 6 Should the volume or price of imports of products admitted with the tariff treatment provided for in this Regulation be such as to cause or threaten to cause injury to Community producers of like or directly competing products, the relevant duties may be reimposed in full or in part on the products in question, in accordance with the procedure provided for in Article 3 (2). Such measures may also be taken where there is serious injury or the threat of serious injury to a single region of the Community. Article 7 The tariff treatment provided for in this Regulation shall be applicable until 31 December 2005. After consultations with the competent Portuguese authorities, the Commission shall, in the course of the year 2000, study the effects of this measure on the economies of the two archipelagos. On the basis of its findings, it shall, if appropriate, present suitable proposals to the Council for the remaining period. Article 8 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, 22 January 1996. For the Council The President L. DINI (1) OJ No L 171, 29. 6. 1991, p. 10. (2) Council Regulation (EEC) No 2913/92 of 12 October 1992 establishing the Community Customs Code (OJ No L 302, 19. 10. 1992, p. 1). Regulation as amended by the 1994 Act of Accession. (3) OJ No L 253, 11. 10. 1993, p. 1. Regulation as last amended by Regulation (EC) No 1762/95 (OJ No L 171, 21. 7. 1995, p. 8).
Article 3 
1. The Commission shall be assisted by the Customs Code Committee set up pursuant to Article 247 of Regulation (EEC) No 2913/92. 2. The representative of the Commission shall submit to the Committee a draft of the measures to be taken. The Committee shall deliver its opinion on the draft within a time limit which the chairman may lay down according to the urgency of the matter. The opinion shall be delivered by the majority laid down in Article 148 (2) of the Treaty in the case of decisions which the Council is required to adopt on a proposal from the Commission. The votes of the representatives of the Member States within the Committee shall be weighted in the manner set out in that Article. The chairman shall not vote. The Commission shall adopt measures which apply immediately. However, if these measures are not in accordance with the opinion of the Committee, they shall forthwith be communicated by the Commission to the Council. In that event, the Commission shall defer application of the measures which it has decided for three months from the date of notification. The Council, acting by a qualified majority, may take a different decision within the time limit referred to in the previous subparagraph. 3. The Committee may examine any matter concerning the implementation of this Regulation which is raised by its chairman on his own initiative or at the request of a Member State. Article 4 Goods released for free circulation with the tariff treatment provided for in this Regulation shall remain under customs surveillance in accordance with the procedure set out in Article 82 of Regulation (EEC) No 2913/92. Article 5 The competent Portuguese authorities shall notify the Commission before 30 January each year of the volume of imports admitted in the previous year with the tariff treatment provided for in this Regulation. Article 6 Should the volume or price of imports of products admitted with the tariff treatment provided for in this Regulation be such as to cause or threaten to cause injury to Community producers of like or directly competing products, the relevant duties may be reimposed in full or in part on the products in question, in accordance with the procedure provided for in Article 3 (2). Such measures may also be taken where there is serious injury or the threat of serious injury to a single region of the Community. Article 7 The tariff treatment provided for in this Regulation shall be applicable until 31 December 2005. After consultations with the competent Portuguese authorities, the Commission shall, in the course of the year 2000, study the effects of this measure on the economies of the two archipelagos. On the basis of its findings, it shall, if appropriate, present suitable proposals to the Council for the remaining period. Article 8 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, 22 January 1996. For the Council The President L. DINI (1) OJ No L 171, 29. 6. 1991, p. 10. (2) Council Regulation (EEC) No 2913/92 of 12 October 1992 establishing the Community Customs Code (OJ No L 302, 19. 10. 1992, p. 1). Regulation as amended by the 1994 Act of Accession. (3) OJ No L 253, 11. 10. 1993, p. 1. Regulation as last amended by Regulation (EC) No 1762/95 (OJ No L 171, 21. 7. 1995, p. 8).
Article 4 
Goods released for free circulation with the tariff treatment provided for in this Regulation shall remain under customs surveillance in accordance with the procedure set out in Article 82 of Regulation (EEC) No 2913/92. Article 5 The competent Portuguese authorities shall notify the Commission before 30 January each year of the volume of imports admitted in the previous year with the tariff treatment provided for in this Regulation. Article 6 Should the volume or price of imports of products admitted with the tariff treatment provided for in this Regulation be such as to cause or threaten to cause injury to Community producers of like or directly competing products, the relevant duties may be reimposed in full or in part on the products in question, in accordance with the procedure provided for in Article 3 (2). Such measures may also be taken where there is serious injury or the threat of serious injury to a single region of the Community. Article 7 The tariff treatment provided for in this Regulation shall be applicable until 31 December 2005. After consultations with the competent Portuguese authorities, the Commission shall, in the course of the year 2000, study the effects of this measure on the economies of the two archipelagos. On the basis of its findings, it shall, if appropriate, present suitable proposals to the Council for the remaining period. Article 8 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, 22 January 1996. For the Council The President L. DINI (1) OJ No L 171, 29. 6. 1991, p. 10. (2) Council Regulation (EEC) No 2913/92 of 12 October 1992 establishing the Community Customs Code (OJ No L 302, 19. 10. 1992, p. 1). Regulation as amended by the 1994 Act of Accession. (3) OJ No L 253, 11. 10. 1993, p. 1. Regulation as last amended by Regulation (EC) No 1762/95 (OJ No L 171, 21. 7. 1995, p. 8).
Article 5 
The competent Portuguese authorities shall notify the Commission before 30 January each year of the volume of imports admitted in the previous year with the tariff treatment provided for in this Regulation. Article 6 Should the volume or price of imports of products admitted with the tariff treatment provided for in this Regulation be such as to cause or threaten to cause injury to Community producers of like or directly competing products, the relevant duties may be reimposed in full or in part on the products in question, in accordance with the procedure provided for in Article 3 (2). Such measures may also be taken where there is serious injury or the threat of serious injury to a single region of the Community. Article 7 The tariff treatment provided for in this Regulation shall be applicable until 31 December 2005. After consultations with the competent Portuguese authorities, the Commission shall, in the course of the year 2000, study the effects of this measure on the economies of the two archipelagos. On the basis of its findings, it shall, if appropriate, present suitable proposals to the Council for the remaining period. Article 8 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, 22 January 1996. For the Council The President L. DINI (1) OJ No L 171, 29. 6. 1991, p. 10. (2) Council Regulation (EEC) No 2913/92 of 12 October 1992 establishing the Community Customs Code (OJ No L 302, 19. 10. 1992, p. 1). Regulation as amended by the 1994 Act of Accession. (3) OJ No L 253, 11. 10. 1993, p. 1. Regulation as last amended by Regulation (EC) No 1762/95 (OJ No L 171, 21. 7. 1995, p. 8).
Article 6 
Should the volume or price of imports of products admitted with the tariff treatment provided for in this Regulation be such as to cause or threaten to cause injury to Community producers of like or directly competing products, the relevant duties may be reimposed in full or in part on the products in question, in accordance with the procedure provided for in Article 3 (2). Such measures may also be taken where there is serious injury or the threat of serious injury to a single region of the Community. Article 7 The tariff treatment provided for in this Regulation shall be applicable until 31 December 2005. After consultations with the competent Portuguese authorities, the Commission shall, in the course of the year 2000, study the effects of this measure on the economies of the two archipelagos. On the basis of its findings, it shall, if appropriate, present suitable proposals to the Council for the remaining period. Article 8 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, 22 January 1996. For the Council The President L. DINI (1) OJ No L 171, 29. 6. 1991, p. 10. (2) Council Regulation (EEC) No 2913/92 of 12 October 1992 establishing the Community Customs Code (OJ No L 302, 19. 10. 1992, p. 1). Regulation as amended by the 1994 Act of Accession. (3) OJ No L 253, 11. 10. 1993, p. 1. Regulation as last amended by Regulation (EC) No 1762/95 (OJ No L 171, 21. 7. 1995, p. 8).
Article 7 
The tariff treatment provided for in this Regulation shall be applicable until 31 December 2005. After consultations with the competent Portuguese authorities, the Commission shall, in the course of the year 2000, study the effects of this measure on the economies of the two archipelagos. On the basis of its findings, it shall, if appropriate, present suitable proposals to the Council for the remaining period. Article 8 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, 22 January 1996. For the Council The President L. DINI (1) OJ No L 171, 29. 6. 1991, p. 10. (2) Council Regulation (EEC) No 2913/92 of 12 October 1992 establishing the Community Customs Code (OJ No L 302, 19. 10. 1992, p. 1). Regulation as amended by the 1994 Act of Accession. (3) OJ No L 253, 11. 10. 1993, p. 1. Regulation as last amended by Regulation (EC) No 1762/95 (OJ No L 171, 21. 7. 1995, p. 8).
Article 8 
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, 22 January 1996. For the Council The President L. DINI (1) OJ No L 171, 29. 6. 1991, p. 10. (2) Council Regulation (EEC) No 2913/92 of 12 October 1992 establishing the Community Customs Code (OJ No L 302, 19. 10. 1992, p. 1). Regulation as amended by the 1994 Act of Accession. (3) OJ No L 253, 11. 10. 1993, p. 1. Regulation as last amended by Regulation (EC) No 1762/95 (OJ No L 171, 21. 7. 1995, p. 8).