Commission Regulation (EEC) No 3200/88 of 18 October 1988 amending Regulation (EEC) No 3016/78 laying down certain rules for applying conversion rates in the sugar and isoglucose sectors

COMMISSION  REGULATION (EEC) No 3200/88
of 18 October 1988
amending Regulation (EEC) No 3016/78 laying down certain rules for applying conversion rates in the sugar and isoglucose sectors
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation (EEC) No 1785/81 of 30 June 1981 on the common organization of the markets in the sugar sector (1), as last amended by Regulation (EEC) No 2306/88 (2),
Having regard to Council Regulation (EEC) No 1676/85 of 11 June 1985 on the value of the unit of account and the conversion rates to be applied for the purposes of the common agricultural policy (3), as last amended by Regulation (EEC) No 1636/87 (4) and in particular Articles 5 (3) and 12 (1) (b) thereof,
Whereas Article 4 of Regulation (EEC) No 1676/88 provides that if agricultural conversion rates are changed, the change will apply to amounts in respect of which the operative event occurs after the alteration has taken effect, and that certain amounts will be adjusted by reference to the agricultural conversion rate applicable when the operative event for the relevant operation occurs; whereas Article 5 of the same Regulation provides that, in cases involving amounts other than those charged or granted in trade or indicated in contracts, the operative event shall be taken to mean the event whereby the economic objective of the operation is attained;
Whereas the operative events specific to the sugar sector are established by Commission Regulation (EEC) No 3016/78 (5), as last amended by Regulation (EEC) No 2750/86 (6);
Whereas Council Regulations (EEC) No 1107/88 (7) and (EEC) No 2250/88 (8) provide for the granting of new forms of Community aid and for national aid for refiners of preferential raw sugar in the United Kingdom; whereas the economic objective of both types of aid - whether for preferential raw sugar or far raw sugar from the French overseas departments - is the refining of that sugar;
Whereas, since the aid in question is national adjustment aid as already provided for in Article 46 of Regulation (EEC) No 1785/81, a more prcise definition should be made of the operative event, by adopting as the economic objective the production of sugar bee, sugar cane and sugar in the Member States concerned;
Whereas the aid schemes instituted by Regulation (EEC) No 1107/88 and (EEC) No 2250/88 apply retroactively to the 1987/88 marketing year; whereas the provisions concerning the appropriate operative event should therefore be made applicable to the granting of the aid;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Sugar,