Commission Regulation (EEC) No 576/86 of 28 February 1986 fixing, until the end of the 1985/86 marketing year, the accession compensatory amounts applicable to cereals and rice and the coefficients to be used for the calculation of the amounts applicable to certain processed products

COMMISSION  REGULATION (EEC) No 576/86
of 28 February 1986
fixing, until the end of the 1985/86 marketing year, the accession compensatory amounts applicable to cereals and rice and the coefficients to be used for the calculation of the amounts applicable to certain processed products
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 467/86 of 25 February 1986 laying down general rules for the system of accession compensatory amounts for cereals as a result of the accession of Spain (1), and in particular Article 7 thereof,
Having regard to Council Regulation (EEC) No 468/86 of 25 February 1986 laying down general rules for the system of accession compensatory amounts for rice as a result of the accession of Spain (2), and in particular Article 8 thereof,
Whereas Article 72 (1) of the Act stipulates that the accession compensatory amounts are to be equal to the difference between the prices fixed for Spain and the intervention prices applicable for the Community as constituted at 31 December 1985; whereas, in accordance with Regulation (EEC) No 468/86, that difference may be adjusted to make the products concerned comparable;
Whereas, under Articles 111 (3) and 117 (5) of the Act, the accession compensatory amounts for processed products are to be derived from those applicable to the product to which they are related, with the help of coefficients to be determined; whereas these coefficients are to be fixed having regard to technical factors in processing and also to the fact that the compensatory amounts will apply to imports, to exports and to trade between the Community as constituted at 31 December 1985 and Spain;
Whereas, under Article 117 (6) of the Act, the compensatory amount for broken rice must be fixed at a level that takes into account the difference between the supply price in Spain and the threshold price; whereas, in accordance with Article 2 of the said Regulation (EEC) No 468/86, the supply price must be that recorded on the Spanish market over a period to be determined; whereas, in the light of the production and marketing situation in Spain and of the fact that, once the supply price has been determined, it may not be changed later; prices recorded on the market of Valencia in the period 1 September 1985 to 5 February 1986 should be used.
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Cereals,