Council Regulation (EEC) No 3183/87 of 19 October 1987 introducing special rules for the financing of the common agricultural policy

COUNCIL  REGULATION (EEC) No 3183/87
of 19 October 1987
introducing special rules for the financing of the common agricultural policy
THE COUNCIL OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community, and in particular Article 43 thereof,
Having regard to the proposal from the Commission,
Having regard to the opinion of the European Parliament,
Whereas Council Regulation (EEC) No 729/70 of 21 April 1970 on the financing of the common agricultural policy (1), as last amended by Regulation (EEC) No 3769/85 (2), introduced a system whereby budgetary funds earmarked to cover the expenditure of the Guarantee Section of the European Agricultural Guidance and Guarantee Fund are made available to the authorities and bodies designated to pay out such expenditure;
Whereas the said system is aimed at enabling the common organization of agricultural markets to pursue its objective;
Whereas it is appropriate that special rules of a temporary nature be adopted which will allow the Community to achieve this aim even in a situation in which the appropriations available for the Guarantee Section of the EAGGF have been used up, while ensuring the continuity of the payments provided for by the various arrangements for the common organization of markets until the adoption of final arrangements in conjunction with the decisions concerning the future financing of the Community;
Whereas, in the interests of the smooth running of the said organizations, a watch must be kept in order to ensure that the time-lag introduced by this Regulation does not result in a carry-over to 1988 and subsequent financial years;
Whereas financial resources must be mobilized by the Member States in accordance with the needs of their disbursing authorities, while the Commission makes advance payments against the booking of the expenditure effected by the disbursing authorities;
Whereas the financing costs which might arise from the mobilization of financial resources by the Member States could be shared between some Member States and the Community;
Whereas these special rules will be reviewed in the context of all the decisions to be taken in connection with the future financing of the Community,