Instructions: In this task, you are provided with an article of the legal acts. Your task is to classify it into three categories (Regulation, Decision and Directive) based on its content: 1) Regulation is a binding legislative act that must be applied in its entirety on a set date across all the member states (European Union countries). 2) Decision is binding on those to whom it is addressed (e.g. an European Union country or an individual company) and is directly applicable. 3) Directive is a legislative act that sets out a goal that all  must achieve. However, it is up to the individual countries to devise their own laws on how to reach these goals.
Input: 1.xa0xa0xa0Where an agreement concluded between the Community and a third country provides for the application of voluntary restraint to exports from that country to the Community, and where the Community decides to propose or to accept that the third country concerned should increase its exports to the Community of the product in question, the decision by the Community shall be taken under the procedure laid down in Article 11 of Council Regulation (EEC) No 1023/70xa0(1) of 25 May 1970 establishing a common procedure for administering quantitative quotas, due regard being had for:(a) the requirements of economic and commercial policy, whether autonomous or conventional;(b) the market situation in the Community for the product in question;(c) the fact that it is desirable to avoid jeopardising achievement of the aim pursued in concluding the agreement with the third country.2.xa0xa0xa0The Commission shall be responsible for notifying the third country concerned of the action taken.3.xa0xa0xa0Without prejudice to any special provisions of certain voluntary restraint agreements, Articles 2 (2) and 6 of Council Regulation (EEC) No 1023/70 shall apply correspondingly. This Regulation shall enter into force on the third day following its publication in the Official Journal of the European Communities.This Regulation shall be binding in its entirety and directly applicable in all Member States.
Output:
Regulation