Commission Regulation (EC) No 1392/97 of 18 July 1997 amending Regulation (EEC) No 3597/90 on the accounting rules for intervention measures involving the buying-in, storage and sale of agricultural products by intervention agencies

COMMISSION REGULATION (EC) No 1392/97 of 18 July 1997 amending Regulation (EEC) No 3597/90 on the accounting rules for intervention measures involving the buying-in, storage and sale of agricultural products by intervention agencies
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Community,
Having regard to Council Regulation (EEC) No 3492/90 of 27 November 1990 laying the factors to be taken into consideration in the annual accounts for the financing of intervention measures in the form of public storage by the European Agricultural Guidance and Guarantee Fund, Guarantee Section (1), and in particular Article 8 thereof,
Whereas Commission Regulation (EEC) No 3597/90 of 12 December 1990 (2), as last amended by Regulation (EC) No 895/94 (3), sets out the accounting rules to be used for intervention measures involving the buying-in, storage and sale of agricultural products by intervention agencies;
Whereas Article 2 (1) and Article 7 of Regulation (EEC) No 3597/90 contain the rules relating to the determination of the value at which, respectively, missing quantities and quantities which do not meet the conditions laid down for storage are to be reimbursed to the EAGGF in the public storage accounts; whereas, in certain cases, provision should be made for the possibility of increasing that value, in particular when the market price is found to be substantially higher than the intervention price or the intervention buying-in price;
Whereas certain regulations referred to in Regulation (EEC) No 3597/90 have been amended or repealed since the adoption of the latter; whereas, therefore, certain references in Regulation (EEC) No 3597/90 should be amended;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the EAGGF Committee,