CELEX: 31992R2504
Language: en
Date: 1992-09-01 00:00:00
Title: Commission Regulation (EEC) No 2504/92 of 28 August 1992 on transitional measures concerning the application of certain monetary compensatory amounts in respect of the wine sector

No L 255 /46                             Official Journal of the European Communities                                 1 . 9. 92
                                     COMMISSION REGULATION (EEC) No 2504/92
                                                       of 28 August 1992
                 on transitional measures concerning the application of certain monetary compensatory
                                              amounts in respect of the wine sector
THE COMMISSION OF THE EUROPEAN                                     that date ; whereas the exact products and the length of
COMMUNITIES,                                                       the period applicable to each must be determined in the
                                                                    light of the specific conditions governing the marketing
Having regard to the Treaty establishing the European               of these products ;
Economic Community,
                                                                   Whereas the measures provided for in this Regulation
Having regard to Commission Regulation (EEC) No                     are in accordance with the opinion of the Management
3156/85 of 11 November 1985 on transitional measures
                                                                    Committee for Wine,
concerning the application of certain monetary compen­
satory amounts in the trade of certain Member States (*),           HAS ADOPTED THIS REGULATION :
as amended by Regulation (EEC) No 3521 /88 (2), and in
particular Article 1 1 thereof,                                                                Article 1
Whereas Regulation (EEC) No 3156/85 laid down a
framework for measures intended to prevent artificial               Regulation (EEC) No 3156/85 shall apply from 1
traffic at the time of changes in the monetary                      September 1992 as follows :
compensatory amounts ;                                              (a) the date of the change shall be 1 September 1992 ;
Whereas new agricultural conversion rates have been                 (b) the initial date shall be 1 June 1992 ;
fixed for the wine sector by Council Regulation (EEC)
No 1380/92 (3);                                                     (c) the products and the periods indicated in Annex I to
                                                                        Regulation (EEC) No 3156/85 shall be those
Whereas these new rates result in a considerable change                 indicated in Annex I to this Regulation ;
in the size of monetary compensatory amounts applicable,
in particular, in Greece ;                                          (d) application of Annex II to Regulation (EEC) No
                                                                        3156/ 85 shall be extended to Part A thereof; the
Whereas it is likely that on this occasion speculative                  movements and products affected shall be those
traffic will occur, and possibly deflect trade ;                        indicated in Annex II to this Regulation.
Whereas in order to prevent such deflections it should be                                      Article 2
specified that the monetary compensatory amounts for
these products applicable before the fixing of these new           This Regulation shall enter into force on 1 September
rates shall remain applicable for a limited period beyond           1992 .
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States .
               4 Done at Brussels, 28 August 1992 .
                                                                                       For the Commission
                                                                                       Ray MAC SHARRY
                                                                                    Member ofthe Commission
O OJ No L 310, 21 . 11 . 1985, p. 27.
O OJ No L 307 , 12 . 11 . 1988 , p. 28 .
(3) OJ No L 147, 29. 5. 1992, p. 15.
 ---pagebreak--- 1 . 9 . 92                  Official Journal of the European Communities                        No L 255/47
                                                   ANNEX I
                                Products concerned                          Applicable until
           "Wine sector                                                   1 November 1992
                                                  ANNEX II
                                                     A
                      1                      2                                3
            Exports from Products concerned                  Destination
            Greece       The products referred to in Annex I Other Member States and non-member
                                                             countries