Commission Regulation (EEC) No 162/92 of 24 January 1992 amending Regulation (EEC) No 2436/91 opening an invitation to tender for the sale of baled tobacco held by the German, Greek and Italian intervention agencies

COMMISSION REGULATION (EEC) No 162/92  of 24 January 1992  amending Regulation (EEC) No 2436/91 opening an invitation to tender for the sale of baled tobacco held by the German, Greek and Italian intervention agencies
THE COMMISSION OF  THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation (EEC) No 727/70 of 21 April 1970 on the common organization of the market in raw tobacco (1), as last amended by Regulation (EEC) No 1737/91 (2), and in particular Article 7 (4) thereof,
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 2205/90 (4),  and in particular Article 5 (3) thereof,
Whereas Commission Regulation (EEC) No 2436/91 (5) opened an invitation to tender for the sale for export of baled tobacco held by the German, Greek and Italian intervention agencies;
Whereas the time limit for take-over of the tobacco by the successful tenderer should be fixed taking account in particular of the quantities in question, of experience gained and of the requirements of sound financial management;
Whereas the conversion rates to be applied should be fixed in such a way that the tenderers can calculate definitively the prices they offer when they submit their tenders;
Whereas the varieties of tobacco offered in the fourth sale are varieties for which there is great demand on the market; whereas the results of the first two sales indicate the stability of international market prices and, as a result, distinguishing  the lots on the basis of the tobacco harvest year would enhance the value;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Tobacco,