amount of dutymeans an amount of export duties resulting from a customs debt;
the Boardmeans the Intervention Board for Agricultural Produce established under section 6 of the European Communities Act 1972;
the Council Regulationmeans Council Regulation (EEC) No. 1854/89 on the entry in the accounts and terms of payment of the amounts of the import duties or export duties resulting from a customs debt;
the specified ratemeans the rate of one percentage point above the sterling three month London interbank offered rate.