Article 1 
1. From 1 January 2021 to 31 December 2027, the Common Customs Tariff duties applicable to imports into the Canary Islands of the fishery products listed in the Annex to this Regulation shall be suspended in full for the quantities indicated in that Annex. 2. The suspension referred to in paragraph 1 shall be granted exclusively for products intended for the Canary Islands’ domestic market. It shall only apply to fishery products which are unloaded from ship or aircraft before the customs declaration for release into free circulation is submitted to the customs authorities in the Canary Islands.
Article 2 
The tariff quotas referred to in Article 1 of this Regulation shall be managed in accordance with Articles 49 to 54 of Commission Implementing Regulation (EU) 2015/2447 ( 4 ) .
Article 3 
By 30 June 2026, the competent Spanish authorities shall submit a report to the Commission on the implementation of the measures provided for in Article 1. The Commission shall examine the impact of those measures and, taking into account the findings of the report, shall submit to the Council any relevant proposals for the period after 2027.
Article 4 
1. Where the Commission has reasons to believe that the suspensions provided for in this Regulation have led to a deflection of trade for a specific product, it may adopt implementing acts to temporarily withdraw the suspension for a period not longer than 12 months. Those implementing acts shall be adopted in accordance with the examination procedure referred to in Article 5(2). The payment of the import duties for products for which the suspension has been temporarily withdrawn shall be secured by a guarantee, and the release of the products concerned for free circulation in the Canary Islands shall be conditional upon the provision of such guarantee. 2. Within the period referred to in the first subparagraph of paragraph 1, the Council shall adopt a final decision in accordance with Article 349 of the Treaty as to whether to maintain or to definitively withdraw the suspension referred to in paragraph 1. If the suspension is definitively withdrawn, the amounts of duties secured by guarantees shall be collected definitively. 3. If no definitive decision has been adopted within the maximum period of 12 months in accordance with paragraph 2, the security guarantees shall be released.
Article 5 
1. The Commission shall be assisted by the Customs Code Committee established by Article 285 of Regulation (EU) No 952/2013 of the European Parliament and of the Council ( 5 ) . That committee shall be a committee within the meaning of Regulation (EU) No 182/2011. 2. Where reference is made to this paragraph, Article 5 of Regulation (EU) No 182/2011 shall apply.
Article 6 
The Commission and customs authorities of the Member States shall cooperate closely to ensure the proper management and control of the application of this Regulation.
Article 7 
This Regulation shall enter into force on the third day following that of its publication in the Official Journal of the European Union . It shall apply from 1 January 2021 to 31 December 2027.