Commission Regulation (EEC) No 1154/86 of 21 April 1986 laying down detailed rules regarding the stocks of cereals in Spain as at 1 March 1986

COMMISSION  REGULATION (EEC) No 1154/86
of 21 April 1986
laying down detailed rules regarding the stocks of cereals in Spain as at 1 March 1986
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to the Act of Accession of Spain and Portugal,
Having regard to Council Regulation (EEC) No 3770/85 of 20 December 1985 on stocks of agricultural products in Spain (1), and in particular Article 8 thereof,
Whereas, in accordance with Article 86 of the Act of Accession of Spain and Portugal, any stock of products in free circulation in Spanish territory on 1 March which in quantity exceeds what may may be considered representative of a normal carry-over stock msut be eliminated by and at the expense of Spain;
Whereas, in accordance with the second sentence of the said Article 86, the concept of normal carry-over stock must be defined for each product on the basis of criteria and objectives particular to each common organization of the market;
Whereas stock estimates based on official records may be regarded as sufficint for the purposes of determining the quantities stored in Spain as at 1 March 1986; whereas, in the light of these figures, the stocks as at 1 March were abnormal only in the case of barley and durum wheat;
Whereas 55 000 tonnes of durum wheat held by the Spanish intervention agency (SENPA) were sold before 1 March 1986, at prices appreciably below the Spanish intervention prices, with a view to being exported after that date outside the Community's territory; whereas that quantity should be regarded as an abnormal stock of durum wheat in free circulation in Spain as at 1 March 1986;
Whereas, for reasons of sound management, provision should be made for the resale of Spain's public stocks in accordance with the Community arrangements laid down in particular in Commission Regulation (EEC) No 1836/82 of 7 July 1982 laying down the procedure and conditions for disposal of cereals held by intervention agencies (2), as last amended by Regulation (EEC) No 3826/85 (3);
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Cereals,