P. H. SPAAK  

ADENAUER
PINEAU
Antonio SEGNI
BECH
J. LUNS

HOMAN

J. Ch. SNOY ET
D'OPPUERS
HALLSTEIN
M. FAURE
Gaetano MARTINO
Lambert SCHAUS
J. LINTHORST

1.

Each Member State may, for a period of six years after this Treaty enters into force, maintain in regard to other Member States and third countries the customs duties and charges having equivalent effect applied to products falling within headings Nos 27.09, 27.10, 27.11, 27.12 and ex 27.13 ( paraffin wax, microcrystalline wax, slack wax and scale wax ) of the Brussels Nomenclature on 1 January 1957 or, if lower, on the date when this Treaty enters into force.The duty to be maintained on crude oils shall not, however, be such as to result in an increase of more than 5% in the difference existing on 1 January 1957 between the duties on crude oils and those on the derivatives referred to above.

Where no such difference exists, any difference subsequently introduced shall not exceed 5% of the duty which applied on 1 January 1957 to products falling within heading No 27.09. If before the end of this period of six years, a reduction is made in the customs duties or charges having equivalent effect in respect of products falling within heading No 27.09, a corresponding reduction shall be made in any customs duties or charges having equivalent effect imposed on the other products referred to above.

At the end of this period, the duties maintained in accordance with the preceding subparagraph shall be completely abolished in respect of other Member States. At the same time, the Common Customs Tariff shall be applicable to third countries.

2.

Any aids to the production of mineral oils falling within heading No 27.09 of the Brussels Nomenclature shall, where such aids prove necessary in order to bring the price of crude oils down to the world market price cif European port of a Member State, be governed by Article 92 ( 3 )( c ) of this Treaty. The Commission shall, during the first two stages, make use of the powers provided under Article 93 only to the extent required to prevent such aids being misused.