Legal provisions of COM(2014)386 - Amending exceptional trade measures for countries and territories related to the EU's Stabilisation and Association process and suspending it for Bosnia and Herzegovina - Main contents
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dossier | COM(2014)386 - Amending exceptional trade measures for countries and territories related to the EU's Stabilisation and Association process ... |
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document | COM(2014)386 |
date | December 16, 2015 |
Article 1
(1) | In Article 2(1), the following point is added:
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(2) | Article 2(3) is replaced by the following: ‘3. In the event of non-compliance by a country or territory with point (a), (b) or (c) of paragraph 1 or with paragraph 2, the Commission may, by means of implementing acts, suspend, in whole or in part, the entitlement of the country or territory concerned to benefits under this Regulation. Those implementing acts shall be adopted in accordance with the examination procedure referred to in Article 8(4).’. |
(3) | In Article 7, the following point is added:
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(4) | In Article 10(1), the introductory wording is replaced by the following: ‘1. Where the Commission finds that there is sufficient evidence of fraud or failure to provide administrative cooperation as required for the verification of evidence of origin, or that there is a massive increase in exports into the Union above the level of normal production and export capacity, or a failure of compliance with the provisions of point (a), (b) or (c) of Article 2(1) by the countries and territories referred to in Article 1, it may take measures to suspend in whole or in part the arrangements provided for in this Regulation for a period of three months, provided that it has first:’. |
(5) | In Article 12, the second and third paragraphs are replaced by the following: ‘It shall apply until 31 December 2020.’. |
(6) | In Annex I, footnote (5) is replaced by the following:
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Article 2
Article 3
2. In the event that the agreement on an adaptation referred to in paragraph 1 is signed and applied provisionally only on or after 1 January 2016, Regulation (EC) No 1215/2009 shall be applicable again with regard to Bosnia and Herzegovina from the date on which such agreement is signed and applied provisionally.
3. The Commission shall publish a notice in the Official Journal of the European Union as soon as the agreement on an adaptation referred to in paragraph 1 has been signed.
Article 4
It shall apply from 1 January 2016.
This Regulation shall be binding in its entirety and directly applicable in all Member States.