Council Regulation (EEC) No 3654/90 of 11 December 1990 laying down general rules for the system of accession compensatory amounts applicable to cereals and rice during the second stage of the accession of Portugal

COUNCIL REGULATION (EEC) N° 3654/90 of 11 December 1990  laying down general rules for the system of accession compensatory amounts applicable to cereals  and rice during the second stage of the accession of Portugal
THE COUNCIL 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 234 (2)  thereof,
Having regard to the proposal from the Commission,
Whereas Council Regulation (EEC) N° 3653/90 laying down transitional provisions for the common  organization of the market in cereals and rice in Portugal(1) provides for the price of common  wheat and of rice in Portugal to be different from the common price; whereas, pursuant to Article  240 of the Act of Acession, these price differences are to be offset by a system of accession  compensatory amounts;
Whereas accession compensatory amounts are intended to prevent disturbances to trade resulting from  price differences; whereas the application of compensatory amounts is therefore not required where  such disturbances are unlikely to occur;
Whereas, in the cereals and rice sector, the prices to be taken into consideration are the  intervention prices; whereas, however, following the amendments to the intervention arrangements  provided for in Council Regulation (EEC) N° 2727/75 of 29 October 1975 on the common organization  of the market in cereals(2), as last amended by Regulation (EEC) N° 1340/90(3), and in Council  Regulation (EEC) N° 1418/76 of 21 June 1976 on the common organization of the market in rice(4), as  last amended by Regulation (EEC) N° 1806/89(5), buying-in is to be carried out at a level lower  than the intervention price; whereas that level, which henceforth constitutes the actual guarantee  to the producer, must accordingly serve as the basis for calculating the accession compensatory  amounts;
Whereas, in the case of products processed from cereals, the accession compensatory amounts must be  calculated in accordance with Article 322 (2) of the Act of Accession as rectified(6); whereas the coefficients  should be determined in accordance with the procedure laid down in Article 26 of Regulation (EEC)  N° 2727/75;
Whereas a certain amount of deflection of trade and distortion of competition may, in particular,  occur in the final period of price alignment and when common prices are applied throughout the  Community; whereas it is therefore justified that measures intended to prevent such defiection and  distortion should apply for such time as is necessary,