Commission Regulation (EEC) No 2408/86 of 30 July 1986 amending Regulation (EEC) No 2042/75 as regards the amount of the security for import licences for basic cereals in respect of which the levy is fixed in advance

COMMISSION  REGULATION (EEC) No 2408/86
of 30 July 1986
amending Regulation (EEC) No 2042/75 as regards the amount of the security for import licences for basic cereals in respect of which the levy is fixed in advance
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation (EEC) No 2727/75 of 29 October 1975 on the common organization of the market in cereals (1), as last amended by Regulation (EEC) No 1579/86 (2), and in particular Article 12 (2) thereof,
Whereas Article 12 (1) (b) of Commission Regulation (EEC) No 2042/75 (3), as last amended by Regulation (EEC) No 2043/86 (4), determines the amount of the security for licences for products as specified in Article 1 of Regulation (EEC) No 2727/75 and Article 1 of Council Regulation (EEC) No 1418/76 (5);
Whereas Commission Regulation (EEC) No 2119/85 (6), increased temporarily the level of the securities for import licences for basic cereals in respect of which the levy is fixed in advance;
Whereas for market management reasons and given the present situation it is advisable to maintain the securities for those licences at this level; whereas Article 12 (1) (b) of Regulation (EEC) No 2042/75 should therefore be amended;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Cereals,