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1. For a transitional period, which shall not extend beyond 31 December 2001 ◄ , the Common Customs Tariff (CCT) shall be progressively introduced in accordance with the following timetable;

— up to 31 December 1992, the rates of duty applicable shall be equal to 30 % of the CCT rates; from 1 January 1993, these rates shall be equal to 35 % of the CCT rates, and shall rise to 40 % of the CCT rates from 1 January 1994 and to 50 % thereof from 1 January 1995;

— from 1 January 1996 onwards, these rates shall be increased by 10 % per year so that the CCT shall apply in full to the Canary Islands at the end of the transitional period.

2. However, application of the CCT and other import duties applicable under the common agricultural policy shall be suspended until the entry into force of the specific supply arrangements referred to in Article 2 (2).

3. Application of the CC T to the Canary Islands shall be without prejudice to any specific tariff measures or derogations from the common commercial policy, should the need arise, in respect of certain sensitive products. Customs measures may also be taken in respect of the arrangements applicable to free zones.

4. The charge known as the ‘arbitrio insular — tarifa especial’ of the Canary Islands shall be applied to products supplied by other parts of the Community on the terms laid down in Article 6 (3) of Protocol 2 to the Act of Accession, though it may not be continued beyond 31 December 1992. On a case-by-case basis, however, the Council may, at Spain's request and in accordance with the procedure referred to in Article 6 (3) of Protocol 2, authorize the application of this charge to certain sensitive products until 31 December 2000 at the latest. Without prejudice to obligations arising out of existing agreements, the levying of this charge on imported products originating in non-Community countries shall be phased out from 1 January 1996 so as to be completely eliminated by 31 December 2000.

5. Where it is found that application of the first paragraph leads to a deflection of trade, the Commission may decide that the difference in import duties shall be levied on goods in free circulation in the Canary Islands when these are introduced into the other parts of the Community's customs territory.