Commission Regulation (EC) No 471/2001 of 8 March 2001 amending Regulation (EEC) No 1858/93 laying down detailed rules for applying Council Regulation (EEC) No 404/93 as regards the aid scheme to compensate for loss of income from marketing in the banana sector

Commission Regulation (EC) No 471/2001
of 8 March 2001
amending Regulation (EEC) No 1858/93 laying down detailed rules for applying Council Regulation (EEC) No 404/93 as regards the aid scheme to compensate for loss of income from marketing in the banana sector
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Community,
Having regard to Council Regulation (EEC) No 404/93 of 13 February 1993 on the common organisation of the market in bananas(1), as last amended by Regulation (EC) No 216/2001(2), and in particular Article 14 thereof,
Whereas:
(1) Commission Regulation (EEC) No 1858/93(3), as last amended by Regulation (EC) No 1467/1999(4), lays down detailed rules for applying Regulation (EEC) No 404/93 as regards the aid scheme to compensate for loss of income from marketing in the banana sector. Article 7 of that Regulation sets out the timetable for submission of applications for advances on compensatory aid for bananas marketed during the two-month period preceding the month of application.
(2) This timetable currently allows for the possibility of paying five advances. To take account of cash-flow problems on the part of producers, pending the determination of the compensatory aid and the payment of the balance, provision should be made for the possibility of payment of a sixth advance for bananas marketed during the months of November and December.
(3) The necessary provisions should be adopted to this end and specific administrative arrangements should be laid down for aid for the year 2000.
(4) The measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Bananas,