Decision No 1/92 of the EEC-Norway Joint Committee of 10 July 1992 altering the limits expressed in ecus in Article 8 of Protocol No 3 concerning the definition of the concept of 'originating products' and methods of administrative cooperation

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  1. Legislative text
  2. 21992D0812(04)

1.

Legislative text

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2.

21992D0812(04)

Decision No 1/92 of the EEC-Norway Joint Committee of 10 July 1992 altering the limits expressed in ecus in Article 8 of Protocol No 3 concerning the definition of the concept of 'originating products' and methods of administrative cooperation

Official Journal L 229 , 12/08/1992 P. 0017 - 0017

DECISION NO 1/92 OF THE EEC-NORWAY JOINT COMMITTEE

of 10 July 1992

altering the limits expressed in ecus in Article 8 of Protocol No 3 concerning the definition of the concept of 'originating products` and methods of administrative cooperation

(92/417/EEC)

THE JOINT COMMITTEE,

Having regard to the Agreement between the European Economic Community and the Kingdom of Norway, signed in Brussels on 14 May 1973,

Having regard to Protocol No 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 currency unit in some national currencies on 1 October 1990 were lower than their equivalents on 3 October 1988; whereas this fact, as a result of the automatic change of base date provided for in Article 8 (4) of Protocol No 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 ecus should be raised,

HAS DECIDED AS FOLLOWS:

Article 1

Article 8 of Protocol No 3 is hereby amended as follows:

(a) in paragraph 1 (c), 'ECU 4 800` shall be replaced by 'ECU 5 110`;

(b) in paragraph 2, 'ECU 340` shall be replaced by 'ECU 365` and 'ECU 960` by 'ECU 1 025`.

Article 2

This Decision shall apply from 1 May 1991.

Done at Brussels, 10 July 1992. For the Joint Committee

The President

  • G. 
    AVERY

This summary has been adopted from EUR-Lex.