No C 262/6 Official Journal of the European Communities 1.10. 87 
II 
(Preparatory Acts) 
COMMISSION 
Proposal for a Council Regulation introducing special rules for the financing of the common 
agricultural policy 
COM(87) 365 final 
(Submitted by the Commission to the Council on 10 July 1987) 
(87/C 262/06) 
THE COUNCIL OF THE EUROPEAN COMMUNITIES, 
Having regard to the Treaty establishing the European 
Economic Community, and in particular Article 43 
thereof, 
Having regard to the proposal from the Commission, 
Having regard to the opinion of the European Par­
liament, 
Whereas Council Regulation (EEC) No 729/70 on the 
financing of the common agricultural policy ('), as last 
amended by Regulation (EEC) No 3769/85 (2), 
introduced a system whereby budgetary funds earmarked 
to cover the expenditure of the Guarantee Section of the 
European Agricultural Guidance and Guarantee Fund 
are made available to the authorities and bodies 
designated to pay out such expenditure; 
Whereas it is necessary to adopt special rules enabling 
the Council to ensure the continuity of the payments 
provided for by the various arrangements for the 
common organization of markets; 
Whereas the time-lag introduced by this Regulation must 
not result in carry-overs (no extra cost) to 1988 and 
subsequent financial years; 
Whereas financial resources must be mobilized by the 
Member States in accordance with the needs of their 
disbursing authorities, while the Commission makes 
advance payments against the booking of the 
expenditure effected by the disbursing authorities; 
0) OJL94, 28. 4. 1970, p. 13. 
O OJL362, 31. 12. 1985, p. 17. Whereas the financing costs which might arise from the 
mobilization of resources by the Member States could be 
shared between some Member States and the 
Community; 
Whereas these special rules will be reviewed in the 
context of all the decisions to be taken in connection 
with the future financing of the Community; 
HAS ADOPTED THIS REGULATION: 
Article 1 
1. The following subparagraph shall be added to Article 
4 (2) of Regulation (EEC) No 729/70: 
'However, after the credits allocated to the EAGGF 
Guarantee Section for the financial year 1987 have 
been used up, the financial resources earmarked to 
cover the expenditure referred to in Article 1 (2) shall 
be mobilized by the Member States in accordance 
with the needs of their disbursing authorities.' 
2. The following provision shall be added to Article 5 
(2) (a) of the Regulation: 
'However, as from January 1988, the Commission 
shall order only monthly advance payments against 
the booking of expenditure paid out with the financial 
resources referred to in the third subparagraph of 
Article 4 (2).' 
3. The following Article shall be inserted in the Regu­
lation : 
Article 5a 
To accommodate any difficulties which certain 
Member States might encounter in setting up the 
system provided for in the last subparagraph of 
Article 4 (2), appropriate measures enabling some or 
all of the interest to be charged to the Community 
may be adopted according to the procedure laid down 
in Article 13.' 
1.10.87 Official Journal of the European Communities No C 262/7 
Article 2 
Detailed rules for the application of this Regulation shall 
be adopted in accordance with the procedure laid down 
in Article 13. 
The Commission shall frame the rules in such a way that 
the time-lag does not result in any carry-over (no extra 
cost) to 1988 and subsequent financial years. Article 3 
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. 
Proposal for a Council Regulation modifying Regulation (EEC) No 2262/84 laying down 
special measures in respect of olive oil 
COM(87) 398 final 
(Submitted by the Commission to the Council on 15 September 1987) 
(87/C 262/07) 
THE COUNCIL OF THE EUROPEAN COMMUNITIES, 
Having regard to the Treaty establishing the European 
Economic Community, and in particular Article 43 
thereof, 
Having regard to the proposal from the Commission, 
Having regard to the opinion of the European Par­
liament, 
Whereas, under Article 1 (1) of Council Regulation 
(EEC) No 2262/84 (l), as last amended by Regulation 
(EEC) No 3386/86 (2), producer Member States are to 
set up agencies for the purpose of carrying out certain 
checks and duties in connection with the olive oil 
production aid scheme; whereas, under Article 1 (5) of 
the same Regulation, certain percentages of the agencies' 
actual expenditure are to be chargeable to the general 
budget of the European Communities up to certain 
maximum amounts and until the expiry of a certain 
period; 
Whereas, due to administrative and legal problems 
experienced in certain Member States, it has not been 
possible for the latter to set up and operate the agencies 
within the time limits prescribed; whereas, accordingly, 
those Member States are not in a position to use 
effectively the maximum amount which had been set 
aside for them during the initial period of 100 % 
Community financing; whereas, therefore, that initial 
period must be extended by one year withut increasing 
the maximum amounts already allocated for those 
agencies under the existing legislation; 
Whereas, taking account of the important role that these 
bodies can play to ensure timely and effective control of 
the production aid arrangements, it is necessary that 
50 % of the agencies' actual expenditure in certain 
(*) OJ No L 208, 3. 8. 1984, p. 11. 
(*) OJ No L 310, 5. 11. 1986, p. 17. producer Member States should continue to be 
chargeable to the general budget of the European 
Communities; 
HAS ADOPTED THIS REGULATION: 
Article 1 
Article 1 (5) of Regulation (EEC) No 2262/84 is hereby 
amended as follows: 
1. The first subparagraph is replaced by the following 
'Over a period of five years from 1 November 1984, 
the following percentages of the agency's actual 
expenditure shall be chargeable to the general budget 
of the European Communities: 
— in the case of Italy, 100 % for the first three years 
up to a maximum of 14 million ECU, and 50 % 
for the fourth and fifth year; 
— in the case of Greece, 100 % for the first four 
years up to a maximum of 7 million ECU, and 
50 % for the fifth year.' 
2. The second subparagraph is replaced by the following 
'In the case of Spain and Portugal, 100 % of the 
agency's actual expenditure during the period from 1 
March 1986 to 31 October 1989 shall be covered, up 
to a maximum of 9,3 million ECU for Spain and 4,7 
million ECU for Portugal.' 
3. The fourth subparagraph is replaced by the following 
'The Council, acting by qualified majority on a 
proposal from the Commission, shall adopt by 
1 January 1989 the method for financing the 
expenditure in question as from the 1989/90 
marketing year.' 
Article 2 
This Regulation shall enter into force on the day of 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.