Commission Regulation (EEC) No 558/88 of 29 February 1988 amending Regulation (EEC) No 1154/86 laying down detailed rules regarding the stocks of cereals in Spain as at 1 March 1986

COMMISSION  REGULATION (EEC) No 558/88
of 29 February 1988
amending Regulation (EEC) No 1154/86 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 Commission Regulation (EEC) No 1154/86 (2) fixes abnormal stocks pursuant to Article 86 of the Act of Accession and identifies in particular the 55 000 tonnes of durum wheat sold by SENPA before 1 March 1986; whereas that quantity of durum wheat will subsequently be released for free circulation on the Spanish market after withholding of the security; whereas it is therefore no longer necessary to identify those stocks; whereas the Spanish obligation to finance the disposal of the abnormal stocks in question remains unfulfilled;
Whereas the special situation which resulted in abnormal stocks of 55 000 tonnes of durum wheat being fixed no longer exists; whereas there should be a return to the original estimate of the abnormal stocks, which comprise 35 500 tonnes of durum wheat and 19 500 tonnes of rye; whereas Regulation (EEC) No 1154/86 should be amended to take those estimates into account;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Cereals,