Article 1 X1

X2Regulation (EC) No 1614/2000 is amended as follows:

• in Article 2, ‘ 31 December 2004 ’ is replaced by ‘ 31 December 2006 ’ and the following paragraph is added:

  ‘ The continuing need for the derogation shall however be reviewed not later than 31 December 2005 , in accordance with the new provisions to be adopted with regard to the generalised system of preferences and the rules of origin related thereto ’ .