Commission Regulation (EEC) No 3263/85 of 21 November 1985 amending Regulation (EEC) No 3389/73 laying down the procedure and conditions for the sales of tobacco held by intervention agencies

COMMISSION  REGULATION (EEC) No 3263/85
of 21 November 1985
amending Regulation (EEC) No 3389/73 laying down the procedure and conditions for the sales of tobacco held by intervention agencies
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation (EEC) No 727/70 of 21 April 1970 on the common organization of the market in raw tobacco (1), as last amended by Regulation (EEC) No 1461/82 (2), and in particular Articles 7 (4) and 15 thereof,
Whereas Commission Regulation (EEC) No 3389/73 (3), as last amended by Regulation (EEC) No 313/79 (4), provides for the lodging of security when tobacco held by intervention agencies is re-marketed by invitation to tender or by public auction;
Whereas it is advisable to determine the operative event for application of the agricultural conversion rate to be used for calculation of the amount of the security in national currency;
Whereas the period during which invitations to tender remain open lasts for several months; whereas the general rules set out in Commission Regulation (EEC) No 2220/85 (5) are not therefore appropriate; whereas the date of publication of the notice of invitation to tender or of public auction in the Official Journal of the European Communities should be adopted for this purpose;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Tobacco,