in force 2018-06-08 INSERTED+1,144 −0§
Amended by Regulation (EU) 2018/825 32018R0825
applies from: unknown (an inserted provision states its own application date only in prose)
A new Article 24a introduces the possibility of imposing a countervailing duty on subsidised products brought in significant quantities to an artificial island, a fixed or floating installation, or another structure on a Member State's continental shelf or exclusive economic zone declared under UNCLOS, where this causes injury to the Union industry, with the Commission empowered to adopt implementing acts setting the conditions, notification and declaration procedures, and payment arrangements for such duties.
The new article further states that the Commission will only impose such duties once the customs tool described in paragraph 1 becomes operational, and that it will inform economic operators of that operational status through a separate publication in the Official Journal of the European Union.
Cited: Art. 24a, v2
text before / after
inserted text (02016R1037-20180608)
Article 24a Continental shelf of a Member State or exclusive economic zone 1. A countervailing duty may also be imposed on any subsidised product brought in significant quantities to an artificial island, a fixed or floating installation or any other structure in the continental shelf of a Member State or the exclusive economic zone declared by a Member State pursuant to UNCLOS, where this would cause injury to the Union industry. The Commission shall adopt implementing acts laying down the conditions for the incurrence of such duties, as well as the procedures relating to the notification and declaration of such products and the payment of such duties, including recovery, repayment and remission (customs tool). Those implementing acts shall be adopted in accordance with the examination procedure referred to in Article 25(3). 2. The Commission shall only impose duties as referred to in paragraph 1 as of the date the customs tool referred to in paragraph 1 is operational. The Commission shall inform all economic operators that the customs tool is operational by separate publication in the Official Journal of the European Union.