Commission Regulation (EEC) No 3375/85 of 29 November 1985 fixing the prices to be used for calculating the value of agricultural products in intervention storage to be carried forward to the 1986 financial year

COMMISSION  REGULATION (EEC) No 3375/85
of 29 November 1985
fixing the prices to be used for calculating the value of agricultural products in intervention storage to be carried forward to the 1986 financial year
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation (EEC) No 1883/78 of 2 August 1978 laying down general rules for the financing of interventions by the European Agricultural Guidance and Guarantee Fund, Guarantee Section (1), as last amended by Regulation (EEC) No 1716/84 (2), and in particular the first paragraph of Article 8, thereof,
Whereas it is specified in the first paragraph of Article 8 of Regulation (EEC) No 1883/78 that prices are to be determined for calculating the value of the agricultural products in intervention storage to be carried forward to the next financial year; whereas these products are generally valued at their purchase price; whereas the basis should be the actual purchase prices paid by the intervention agencies during a reference period running from 1 December 1984 to the latest month for which the figures are known, including quantities carried over from 1984 and entered in the accounts on 1 December 1984 at their carry-over prices;
Whereas an exceptional measure involving the buying-in and storage of pigmeat by the Belgian intervention agency was adopted in Commission Regulations (EEC) No 772/85 (3), (EEC) No 978/85 (4) and (EEC) No 1477/85 (5) in order to support the pigmeat market which was affected by reflections on the free movement of products as a result of the occurrence of African swine fever in Belgium; whereas, for these intervention purchases, the actual purchase prices paid are not yet known, and therefore the price to be used for pigmeat is the average purchase price recorded by the Belgian authorities for the quantities taken over before 1 December 1985;
Whereas Article 6 of Commission Regulation (EEC) No 3184/83 of 31 October 1983 on the operation of the system of advances in respect of expenditure financed by the EAGGF Gurantee Section (6) provides that expenditure in the last month of the financial year is to be bassed on physical operations plus stock levels in the preceding month; whereas, therefore, stocks at the end of the year must be valued at the levels on 30 November;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the EAGGF Committee;