L 344/28 Official Journal of the European Union 20.11.2004 COMMISSION REGULATION (EC) No 1997/2004 of 19 November 2004 amending Regulation (EC) No 14/2004 as regards the forecast supply balance for beef and veal for Madeira THE COMMISSION OF THE EUROPEAN COMMUNITIES, (2)  Current execution of the annual supply balances for Having regard to the Treaty establishing the European Community, Having regard to Council Regulation (EC) No 1453/2001 of 28 June 2001 introducing specific measures for certain agricultural products for the Azores and Madeira and repealing Regulation (EEC) No 1600/92 (Poseima) ('), and in particular Article 3(6) thereof, Whereas: (1)  Commission Regulation (EC) No 14/2004 of 30 December 2003 establishing the supply balances and Community aid for the supply of certain essential products for human consumption, for processing and as agricultural inputs and for the supply of live animals and eggs to the outermost regions under Council Regu- lation (EC) No 1453/2001 (?) establishes forecast supply balances and Community aid for products covered by the specific supply arrangements in the Azores and Madeira. Madeira for frozen meat of bovine animals indicates that the quantities fixed for the supply of the above products are below requirements because of the higher- than-expected demand. (3)  The quantities of the above product should therefore be adjusted in line with the actual needs of the outermost region concerned. (4)  Regulation (EC) No 14/2004 should therefore be amended accordingly. (5)  The measures provided for in this Regulation are in accordance with the opinions of the Management Committees concerned, HAS ADOPTED THIS REGULATION: Article 1 Part 7 of Annex III to Regulation (EC) No 14/2004 is replaced by Annex I hereto. Atrticle 2 This Regulation shall enter into force on the day following that of its publication in the Official Journal of the European Union. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 19 November 2004. () OJ L 198, 21.7.2001, p. 26. Regulation as last amended by Regu- lation (EC) No 1690/2004 (O] L 305, 1.10.2004, p. 1). () OJ L 3, 7.1.2004, p. 6. Regulation as last amended by Regulation (EQ) No 1796/2004 (O] L 317, 16.10.2004, p. 23). For the Commission Franz FISCHLER Member of the Commission