8.1.2004 Official Journal of the European Union L 4/7 COMMISSION REGULATION (EC) No 17/2004 of 7 January 2004 laying down the reduction coefficient to be applied under the Community tariff quota for barley provided for by Regulation (EC) No 2305/2003 THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Community, Having regard to Council Regulation (EEC) No 1766/92 of 30 June 1992 on the common organisation of the market in cereals (), as last amended by Regulation (EC) No 1104/ 2003 (), Having regard to Commission Regulation (EC) No 2305/2003 of 29 December 2003 opening and providing for the adminis- tration of a Community tariff quota for barley from third coun- tries (°), and in particular Article 3(3) thereof, Whereas: (1) Regulation (EC) No 2305/2003 opened an annual tariff quota for the import of 300 000 tonnes of barley falling within CN code 1003 00. (2)  The quantities applied for on 5 January 2004 in accord- ance with Article 3(1) of Regulation (EC) No 2305/2003 exceed the quantities available. The extent to which licences may be issued should therefore be determined and a reduction coefficient laid down to be applied to the quantities applied for, HAS ADOPTED THIS REGULATION: Atrticle 1 Each application for import licences for the tariff quota for barley lodged and forwarded to the Commission on 5 January 2004 in accordance with Article 3(1) and (2) of Regulation (EC) No 2305/2003 shall be accepted at a rate of 0,015590 of the quantity applied for. Atticle 2 This Regulation shall enter into force on 8 January 2004. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 7 January 2004. () O] () OJ L 158, 27.6.2003, p. 1. () OJ L 342, 30.12.2003, p. 7. L 181, 1.7.1992, p. 21. For the Commission J. M. SILVA RODRIGUEZ Agriculture Director-General