CELEX: 31986R0477
Language: en
Date: 1986-02-25 00:00:00
Title: Council Regulation (EEC) No 477/86 of 25 February 1986 adopting appropriate measures for trade in processed oil products with Spain or Portugal

No L 53 / 54                                   Official Journal of the European Communities                                         1.3 . 86
                                            COUNCIL REGULATION (EEC) No 477/86
                                                             of 25 February 1986
                 adopting appropriate measures for trade in processed oil products with Spain or Portugal
THE COUNCIL OF THE EUROPEAN COMMUNITIES,                                  introduction of a compensatory amount with a view to
                                                                          correcting any such distortions,
Having regard to the Treaty establishing the European
Economic Community,
                                                                          HAS ADOPTED THIS REGULATION :
Having regard to the Act of Accession of Spain and
Portugal , and in particular Articles 89 ( 1 ) and 234(2)                                            Article 1
thereof,
Having regard to the proposal from the Commission ,                        1 . Where a significant difference in prices threatens to
                                                                          distort trade, a compensatory amount may be applied
                                                                          to trade in certain processed oil products between , on
Whereas Article 93 (4) of the Act of Accession provides
                                                                          the one hand, Spain or Portugal , and, on the other
that, until 31 December 1990, in trade in processed oil                   hand, the Community as constituted on 31 December
products falling within Regulation No 136/66/ EEC of                       1985 .
22 September 1966 on the establishment of a common
organization of the market in oils and fats ('), as last
amended by Regulation ( EEC) No 3768 / 85 (2), appro­                     2 . The compensatory amount shall be no greater than
priate measures shall be adopted to take account of the                   the impact of the difference in prices for the raw mater­
difference in the prices of these oils in Spain and in the                ials referred to in Articles 94 ( 1 ) (b) and 292 ( 1 ) (b).
Community as constituted on 31 December 1985 ;
                                                                                                     Article 2
Whereas Article 291 (4) of the Act of Accession pro­
vides that, until 31 December 1990, in trade in pro­
cessed vegetable oil products intended for human con­                     Detailed rules for the application of this Regulation ,
sumption, with the exception of olive oil products ,                      covering in particular :
appropriate measures shall be adopted to take account                     — the products to which the compensatory amount is
of the differences in the prices of these oils in Portugal                     applicable by reason of the pattern of trade,
and in the Community as constituted on 31 December
                                                                          — the level , in respect of each product, of the com­
 1985 ;
                                                                               pensatory amount, applicable to the trade in ques­
                                                                               tion ,
Whereas, under the arrangement for controlling the
prices and quantities of certain oil and fat sector prod­                 shall be drawn up in accordance with the procedure
ucts pursuant to Articles 94 and 292 of the Act, prices                   laid down in Article 38 of Regulation No 136 /66/ EEC .
in Spain , Portugal , and the Community as constituted
on 31 December 1985 may differ considerably ; whereas
                                                                                                     Article 3
this may lead to distortions in trade in products con­
taining a significant proportion of oil or fat ; whereas
provision should therefore be made for the possible                       This Regulation shall enter into force on 1 March 1986 .
                  This Regulation shall be binding in its entirety and directly applicable in all Member
                  States .
                  Done at Brussels, 25 February 1986 .
                                                                                   For the Council
                                                                                     The President
                                                                                      G. BRAKS
(')  OJ No 172 , 30 . 9 . 1966, p . 3025 /66 .
(-)  OJ No L 362, 31 . 12 . 1985 , p. 8 .