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Article 3

United Kingdom

Original text. Later amendments are not shown.

1.

As soon as a tariff ceiling is reached, the Commission may adopt a regulation re-establishing, until the end of the calendar year, the customs duties applicable to third countries in respect of imports of the products concerned.

2.

If, during two consecutive years, imports of a product listed in Annex C to the Agreement have been less than 80 % of the amount laid down, the Commission may adopt a regulation suspending the tariff ceiling in question.

3.

The Commission may adopt a regulation extending for a period of one year the tariff ceiling or ceilings set for the preceding year if it is considered appropriate to postpone the annual increase by 5 % of the tariff ceiling volume.