Commission Regulation (EEC) No 219/87 of 26 January 1987 amending Regulation (EEC) No 1634/86 laying down detailed rules for the application of the supplementary trade mechanism to olive oil and oil-cake imported into Portugal and fixing the target ceiling for imports into Portugal during 1987 of olive oil and oilcake

COMMISSION  REGULATION (EEC) No 219/87
of 26 January 1987
amending Regulation (EEC) No 1634/86 laying down detailed rules for the application of the supplementary trade mechanism to olive oil and oil-cake imported into Portugal and fixing the target ceiling for imports into Portugal during 1987 of olive oil and oilcake
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, and in particular Article 251 thereof,
Having regard to Council Regulation (EEC) No 569/86 of 25 February 1986 laying down general rules for the application of the supplementary mechanism applicable to trade (1), and in particular Article 7 (1) thereof,
Whereas Article 249 of the Act of Accession provides that olive oil and oilcake are to be subject to the supplementary trade mechanism (STM); whereas Article 251 of the same Act provides that an estimate is to drawn up at the start of each marketing year on the basis of production and consumption estimates for olive oil and oilcake in Portugal; whereas, however, as regards oilcake, reference should be made to the calendar year; whereas the target ceilings fixed are based on these estimates;
Whereas Commission Regulation (EEC) No 1634/86 (2), as amended by Regulation (EEC) No 3507/86 (3), laid down detailed rules for the application of the supplementary trade mechanism to olive oil and oilcake imported into Portugal and the target ceilings in Portugal for the period 1 March to 31 December 1986;
Whereas the amount of the securities provided for on issue of the STM import licences should be reduced;
Whereas the target ceilings for 1987 in the case of oil-cake and for the 1986/87 marketing year in the case of olive oil should be fixed;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Oils and Fats,