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Document 11972B055
DOCUMENTS CONCERNING THE ACCESSION TO THE EUROPEAN COMMUNITIES OF THE KINGDOM OF DENMARK, IRELAND, THE KINGDOM OF NORWAY AND THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND, ACT CONCERNING THE CONDITIONS OF ACCESSION AND THE ADJUSTMENTS TO THE TREATIES, PART FOUR TRANSITIONAL MEASURES, TITLE II AGRICULTURE, CHAPTER 1 GENERAL PROVISIONS, ARTICLE 55
DOCUMENTS CONCERNING THE ACCESSION TO THE EUROPEAN COMMUNITIES OF THE KINGDOM OF DENMARK, IRELAND, THE KINGDOM OF NORWAY AND THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND, ACT CONCERNING THE CONDITIONS OF ACCESSION AND THE ADJUSTMENTS TO THE TREATIES, PART FOUR TRANSITIONAL MEASURES, TITLE II AGRICULTURE, CHAPTER 1 GENERAL PROVISIONS, ARTICLE 55
DOCUMENTS CONCERNING THE ACCESSION TO THE EUROPEAN COMMUNITIES OF THE KINGDOM OF DENMARK, IRELAND, THE KINGDOM OF NORWAY AND THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND, ACT CONCERNING THE CONDITIONS OF ACCESSION AND THE ADJUSTMENTS TO THE TREATIES, PART FOUR TRANSITIONAL MEASURES, TITLE II AGRICULTURE, CHAPTER 1 GENERAL PROVISIONS, ARTICLE 55
In force
ELI: http://data.europa.eu/eli/treaty/acc_1972/act_1/art_55/sign
11972B055
DOCUMENTS CONCERNING THE ACCESSION TO THE EUROPEAN COMMUNITIES OF THE KINGDOM OF DENMARK, IRELAND, THE KINGDOM OF NORWAY AND THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND, ACT CONCERNING THE CONDITIONS OF ACCESSION AND THE ADJUSTMENTS TO THE TREATIES, PART FOUR TRANSITIONAL MEASURES, TITLE II AGRICULTURE, CHAPTER 1 GENERAL PROVISIONS, ARTICLE 55
Official Journal L 073 , 27/03/1972 P. 0026
++++ 1 . THE DIFFERENCES IN PRICE LEVELS SHALL BE COMPENSATED AS FOLLOWS : ( A ) IN TRADE BETWEEN THE NEW MEMBER STATES THEMSELVES AND WITH THE COMMUNITY AS ORIGINALLY CONSTITUTED , COMPENSATORY AMOUNTS SHALL BE LEVIED BY THE IMPORTING STATE OR GRANTED BY THE EXPORTING STATE ; ( B ) IN TRADE BETWEEN THE NEW MEMBER STATES AND THIRD COUNTRIES , LEVIES OR OTHER IMPORT CHARGES APPLIED UNDER THE COMMON AGRICULTURAL POLICY AND EXPORT REFUNDS SHALL BE REDUCED OR INCREASED , AS THE CASE MAY BE , BY THE COMPENSATORY AMOUNTS APPLICABLE IN TRADE WITH THE COMMUNITY AS ORIGINALLY CONSTITUTED . CUSTOMS DUTIES MAY NOT , HOWEVER , BE REDUCED BY THE COMPENSATORY AMOUNT . 2 . FOR PRODUCTS IN RESPECT OF WHICH PRICES ARE FIXED IN ACCORDANCE WITH ARTICLES 51 AND 52 , THE COMPENSATORY AMOUNTS APPLICABLE IN TRADE BETWEEN THE COMMUNITY AS ORIGINALLY CONSTITUTED AND THE NEW MEMBER STATES , AND BETWEEN THOSE STATES AND THIRD COUNTRIES , SHALL BE EQUAL TO THE DIFFERENCE BETWEEN THE PRICES FIXED FOR THE NEW MEMBER STATE CONCERNED AND THE COMMON PRICES . FOR THE OTHER PRODUCTS , THE COMPENSATORY AMOUNTS SHALL BE DETERMINED IN THE CASES PROVIDED FOR IN CHAPTERS 2 AND 3 AND IN ACCORDANCE WITH THE RULES WHICH THEY LAY DOWN . 3 . THE COMPENSATORY AMOUNTS APPLICABLE IN TRADE BETWEEN THE NEW MEMBER STATES SHALL BE DETERMINED BY DIRECT REFERENCE TO THE COMPENSATORY AMOUNTS FIXED FOR EACH OF THOSE STATES IN ACCORDANCE WITH PARAGRAPH 2 . 4 . NO COMPENSATORY AMOUNT SHALL , HOWEVER , BE FIXED IF THE APPLICATION OF PARAGRAPHS 2 AND 3 RESULTS IN A MINIMAL AMOUNT . 5 . FOR PRODUCTS IN RESPECT OF WHICH THE DUTY IN THE COMMON CUSTOMS TARIFF IS BOUND UNDER THE GENERAL AGREEMENT ON TARIFFS AND TRADE , THE BINDING SHALL BE TAKEN INTO ACCOUNT . 6 . THE COMPENSATORY AMOUNT LEVIED OR GRANTED BY A MEMBER STATE IN ACCORDANCE WITH PARAGRAPH 1 ( A ) MAY NOT EXCEED THE TOTAL AMOUNT LEVIED BY THAT SAME MEMBER STATE ON IMPORTS FROM THIRD COUNTRIES . THE COUNCIL , ACTING BY A QUALIFIED MAJORITY ON A PROPOSAL FROM THE COMMISSION , MAY DEROGATE FROM THIS RULE , IN PARTICULAR IN ORDER TO AVOID DEFLECTIONS OF TRADE AND DISTORTIONS OF COMPETITION .