Title, commencement and interpretation
1.—(1) These Regulations may be cited as the Agricultural Levies (Terms of Payment) Regulations 1990 and shall come into force on 1st July 1990.
(2) In these Regulations—
“amount of duty” means an amount of export duties resulting from a customs debt;
“the Board” means the Intervention Board for Agricultural Produce established under section 6 of the European Communities Act 1972;
“the Council Regulation” means Council Regulation (EEC) No. 1854/89 on the entry in the accounts and terms of payment of the amounts of the import duties or export duties resulting from a customs debt(1);
“the specified rate” means the rate of one percentage point above the sterling three month London interbank offered rate.
(3) Other expressions used in these Regulations have, insofar as the context admits, the same meanings as in the Council Regulation.
(4) In these Regulations any reference to a numbered Article is a reference to the Article so numbered in the Council Regulation.
OJ No. L186, 30.6.89, p.1.