No L 350/14 Official Journal of the European Communities 12. 12. 86 COMMISSION REGULATION (EEC) No 3787/86 of 11 December 1986 on the annulment or revocation of authorizations issued under certain customs procedures with economic impact THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, Having regard to Council Regulation (EEC) No 2763/83 of 26 September 1983 on arrangements permitting goods " to be processed under customs control before being put into free circulation ('), as last amended by Regulation (EEC) No 2110/85 (3, and in particular Article 6 thereof, Having regard to Council Regulation (EEC) No 1999/85 of 16 July 1985 on inward processing relief arrange- ments (°), and in particular Article 12 thereof, Having regard to Council Regulation (EEC) No 2473/86 of 24 July 1986 on outward processing relief arrange- ments and the standard exchange system (%), and in parti- cular Article 8 thereof, : Whereas Commission Regulation (EEC) No 3318/85 of 27 November 1985 on the annulment or revocation of authorizations for processing under customs control () specifies the cases where the said authorization is annulled or revoked as well as the consequences deriving therefrom ; Whereas Article 12 of Regulation (EEC) No 1999/85 and Article 8 of Regulation (EEC) No 2473/86 provide that cases where the authorization is to be revoked and cases “where it is found null and void, as well as the conse- quences deriving therefrom, are to be determined in accordance with the procedure laid down in Article 31 (2) and (3) of Regulation (EEC) No 1999/85; Whereas identical rules should be established for the annulment or revocation of authorizations issued under either of the abovementioned customs procedures with economic impact and whereas it is appropriate, for reasons of clarity, to consolidate the appropriately amended provisions of Regulation (EEC) No 3318/85 and the new provisions in a single Regulation ; Whereas it is necessary for application of those provisions of this Regulation which concern authorizations for outward processing and standard exchange to be post- poned until 1 January 1988; () OJ No L 272, 5.-10. 1983, p. 1. % OJ No L 198, 30. 7. 1985, p. 3. () OJ No L 188, 20. 7. 1985, p. 1. () O] No L 212, 2. 8. 1986, p. 1. () OJ No L 317, 28. 11. 1985, p. 13. Whereas the measures provided for in this Regulation are in accordance with the opinion of the Committee for Customs Processing Arrangements, . HAS ADOPTED THIS REGULATION : Article 1 This Regulation shall apply to authorizations issued under one of the customs procedures with economic impact established by the following Regulations : (a) Regulation (EEC) No 2763/83 on arrangements permitting goods to be processed under customs control before being put into free circulation ; (b) Regulation (EEC) No 1999/85 on inward processing relief arrangements ; (c) Regulation (EEC) No 2473/86 on outward processing relief arrangements and the standard exchange system. Article 2 An authorization shall be annulled when it has been issued on the basis of incorrect or incomplete information furnjshed by the applicant although : (a) he knew or should reasonably have known that the information concerned was incorrect or incomplete, and (b) the authorization would not have been issued to him on the basis of correct or complete particulars. The authorization shall be annulled by decision of the customs authority and the holder of the authorization notified accordingly. The annulment shall take effect from the date of issue of the authorization. Article 3 1.  An authorization shall be revoked, when, in cases other than those provided for in Article 2: (a) a condition laid down for its issue has not been or is no longer fulfilled, or (b) its holder fails to fulfil an obligation imposed under the arrangements. However, the customs authority may refrain from revo- king the authorization when : — the holder fulfils his obligations within a time limit set by the customs authority, or — when the failure to fulfil an obligation is without any real consequence as regards the correct operation of the arrangements.