L 293/6 Official Journal of the European Union 16.9.2004 COMMISSION REGULATION (EC) No 1611/2004 of 15 September 2004 laying down the reduction coefficient to be applied under the tariff quota for corn opened by Regulation (EC) No 958/2003 THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Community, Having regard to Council Regulation (EC) No 1784/2003 of 29 September 2003 on the common organisation of the market in cereals (1), Having regard to Commission Regulation (EC) No 958/2003 of 3 June 2003, laying down detailed rules for the application of Council Decision 2003/286/EC as regards the concessions in the form of Community tariff quotas on certain cereal products originating in the Republic of Bulgaria and amending Regulation (EC) No 2809/2000 (3), and in particular Article 2(3), Whereas: (1) Regulation (EC) No 958/2003 opens an annual tariff quota of 88000t of corn for the 2004/2005 marketing year. (2)  The quantities applied for on 13 September 2004, in accordance with Article 2(1) of Regulation (EC) No 958/2003, 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: Article 1 Each application for an import licence for quota ‘Bulgaria’ for corn lodged and forwarded to the Commission on 13 September 2004 in accordance with Article 2(1) and (2) of Regulation (EC) No 958/2003 shall be accepted at a rate of 0,0518166 of the quantity applied for. Atrticle 2 This Regulation shall enter into force on 16 September 2004. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 15 September 2004. () O] L 270, 21.10.2003, p. 78. () O] L 136, 4.6.2003, p. 3. For the Commission J. M. SILVA RODRIGUEZ Agriculture Director-General