Commission Regulation (EEC) No 1869/90 of 2 July 1990 on transitional provisions for sunflower seed harvested and processed in Spain before 31 December 1990

COMMISSION  REGULATION (EEC) No 1869/90
of 2 July 1990
on transitional provisions for sunflower seed harvested and processed in Spain before 31 December 1990
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 90 thereof,
Whereas pursuant to Article 95 (2) of the Act the aid arrangement for sunflower seed harvested in Spain will be radically altered with effect from 1 January 1991; whereas termination of the price and volume control arrangements indicated in Article 94 of the Act will permit entry at the world market price of sunflower oil for consumption in Spain; whereas such a change during the course of the marketing year would be likely, if suitable action is not taken, to disturb the market;
Whereas transitional provisions covering sunflower oil from seed harvested and processed in Spain before 31 December 1990 should therefore be adopted that will provide a harmonious changeover to the Community trade and aid arrangements;
Whereas these provisions may consist of providing persons holding stocks of sunflower oil in Spain on 31 December 1990 with the possibility to avoid a financial loss on the sale of this oil;
Whereas such control arrangements should be introduced as are needed to permit identification on 31 December 1990 of stocks of sunflower oil from seed harvested and processed in Spain;
Whereas under Council Regulation (EEC) No 3849/89 (1) the period during which transitional measures may be taken as provided for in Article 90 of the Act has been extended to 31 December 1990;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Oils and Fats,