Commission Regulation (EC) No 626/98 of 19 March 1998 setting the intervention thresholds for melons and water melons for the 1998/99 marketing year

COMMISSION REGULATION (EC) No 626/98 of 19 March 1998 setting the intervention thresholds for melons and water melons for the 1998/99 marketing year
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Community,
Having regard to Council Regulation (EC) No 2200/96 of 28 October 1996 on the common organisation of the market in fruit and vegetables (1), as amended by Commission Regulation (EC) No 2520/97 (2), and in particular Article 27(1) and (2) thereof,
Whereas Article 27(1) of Regulation (EC) No 2200/96 provides for the possibility of setting an intervention threshold if the market in a product listed in Annex II thereto is suffering or at risk of suffering from imbalances giving or liable to give rise to too large a volume of withdrawals; whereas such a development would be likely to cause budget problems for the Community;
Whereas intervention thresholds were fixed for melons and water melons for the 1997/98 marketing year by Commission Regulation (EC) No 1109/97 (3); whereas, since the conditions laid down in the abovementioned Article 27 continue to be met for those products, new thresholds should be set for the 1998/99 marketing year and the period to be taken into account for the assessment of the overrun of the thresholds should also be determined;
Whereas, pursuant to the abovementioned Article 27, an overrun of the intervention threshold results in a reduction in the Community withdrawal compensation in the marketing year following the year in which the threshold is exceeded; whereas the consequences of such an overrun should be determined and a reduction in proportion to the size of the overrun, up to a maximum percentage, should be fixed;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Fruit and Vegetables,