Council Regulation (EC) No. 1419/2006 repealed Council Regulation (EEC) No. 4056/86 and thereby removed the block exemption from Arts 81 and 82 of the EC Treaty granted to liner shipping conferences, subject to a transitional period of two years for conferences which complied with the requirements of Regulation 4056/86 on 18.10.06. As a consequence, Council Regulation (EEC) No. 954/79 which gave effect to the Code within the European Union, has become inapplicable. The present Regulations repeal the provisions giving effect to Regulation 954/79.