31977R1195

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COUNCIL REGULATION ( EEC ) NO 1195/77

OF 17 MAY 1977

CONCLUDING AN AGREEMENT IN THE FORM OF AN EXCHANGE OF LETTERS DEROGATING FROM ARTICLE 1 OF PROTOCOL 3 TO THE AGREEMENT BETWEEN THE EUROPEAN ECONOMIC COMMUNITY AND THE REPUBLIC OF ICELAND

THE COUNCIL OF THE EUROPEAN COMMUNITIES ,

HAVING REGARD TO THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY , AND IN PARTICULAR ARTICLE 113 THEREOF ,

HAVING REGARD TO THE RECOMMENDATION FROM THE COMMISSION ,

WHEREAS IT IS NECESSARY TO DEROGATE FROM ARTICLE 1 OF PROTOCOL 3 TO THE AGREEMENT BETWEEN THE EUROPEAN ECONOMIC COMMUNITY AND THE REPUBLIC OF ICELAND IN ORDER TO APPLY ARTICLE 23 OF THAT PROTOCOL TO THE PRODUCTS LISTED IN LIST C ANNEXED TO THAT PROTOCOL AND TO CONCLUDE AN AGREEMENT IN THE FORM OF AN EXCHANGE OF LETTERS TO THIS EFFECT ,

HAS ADOPTED THIS REGULATION :

ARTICLE 1

THE AGREEMENT IN THE FORM OF AN EXCHANGE OF LETTERS DEROGATING FROM ARTICLE 1 OF PROTOCOL 3 TO THE AGREEMENT BETWEEN THE EUROPEAN ECONOMIC COMMUNITY AND THE REPUBLIC OF ICELAND IS HEREBY APPROVED ON BEHALF OF THE COMMUNITY .

THE TEXT OF THE AGREEMENT IS ANNEXED TO THIS REGULATION .

ARTICLE 2

THE PRESIDENT OF THE COUNCIL IS HEREBY AUTHORIZED TO APPOINT THE PERSON EMPOWERED TO SIGN THE AGREEMENT REFERRED TO IN ARTICLE 1 FOR THE PURPOSE OF BINDING THE COMMUNITY .

ARTICLE 3

THIS REGULATION SHALL ENTER INTO FORCE ON THE 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 , 17 MAY 1977 .

FOR THE COUNCIL

THE PRESIDENT

J . SILKIN