Division 45

Council Directive 92/12/EEC of 25 February 1992 on the general arrangements for products subject to excise duty and on the holding, movement and monitoring of such products ^f1.

Article 24 shall be replaced by the following:

‘Article 24

1.

The Commission shall be assisted by a committee referred to as the “Committee on Excise Duties”.

2.

The measures necessary for the application of Articles 5, 7, 15b, 18, 19 and 23 shall be adopted in accordance with the procedure laid down in paragraph 3.

3.

Where reference is made to this paragraph, Articles 5 and 7 of Decision 1999/468/EC ^f2 shall apply.

The period laid down in Article 5(6) of Decision 1999/468/EC shall be set at three months.

4.

In addition to the measures referred to in paragraph 2, the Commitee shall examine the matters raised by its chairman, either on his own initiative or at the request of the representative of a Member State, concerning the application of Community provisions on excise duties.

5.

The committee shall adopt its rules of procedure.’