Commission Regulation (EC) No 517/95 of 8 March 1995 on the sale on the Portuguese domestic market of 250000 tonnes of maize held by the Portuguese intervention agency

COMMISSION REGULATION (EC) No 517/95 of 8 March 1995 on the sale on the Portuguese domestic market of 250 000 tonnes of maize held by the Portuguese intervention agency
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Community,
Having regard to Council Regulation (EEC) No 1766/92 of 30 June 1992 on the common organization of the market in cereals (1), as last amended by the Act of Accession of Austria, Finland and Sweden, and in particular Article 5 thereof,
Having regard to Council Regulation (EC) No 3670/93 of 22 December 1993 on special arrangements for imports of maize into Portugal (2), and in particular Article 3 (2) thereof,
Whereas the Portuguese intervention agency (INGA) is to buy 250 000 tonnes of maize on the world market in accordance with the Commission Decision on the purchase of the said maize (3); whereas the INGA should sell this maize on the Portuguese domestic  market; whereas, in accordance with Article 3 (2) of Regulation (EC) No 3670/93, these sales should be effected in such a way as to avoid disturbances on the Portuguese market;
Whereas provision should be made for these sales to be staggered over May and August 1995 in order to avoid disturbing the harvest in Portugal; whereas any maize still remaining at 31 August 1995 should be sold in the following months;
Whereas Regulation (EC) No 3670/93 provides that the purchase of this maize shall rank as an intervention to stabilize the agricultural markets; whereas Commission Regulation (EEC) No 2131/93 (4), as amended by Regulation (EC) No 120/94 (5), lays down  the procedure and conditions for the sale of cereals held by intervention agencies; whereas the sales of maize should, however, be carried out at a fixed price, namely the intervention price applicable in May, increased by two monthly increases for  sales from August 1995 onwards; whereas it is therefore necessary to derogate from Regulation (EEC) No 2131/93; whereas additional rules are needed for the sale of the imported maize;
Whereas, in view of the price advantage enjoyed by purchasers of the maize held by the INGA, provision should be made for strict control measures and it should be stipulated, in particular, who is authorized to purchase such imported maize;
Whereas, in order to ensure that the sale of maize imported into Portugal does not create difficulties on the Community market, a system of tendering securities and performance guarantees should be introduced and provision should be made whereby the  performance guarantee is not to be released until proof has been furnished that the maize in question has been processed or used in Portugal;
Whereas it is essential that Portugal take all the necessary measures which are compatible with Community rules, on the one hand to ensure that this Regulation is properly applied and, on the other hand, to ensure, by introducing effective control  arrangements, that the Community market is not disturbed;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Cereals,