Commission Regulation (EEC) No 3271/88 of 24 October 1988 amending Regulation (EEC) No 2042/75 on special detailed rules for the application of the system of import and export licences for cereals and rice

COMMISSION  REGULATION (EEC) No 3271/88
of 24 October 1988
amending Regulation (EEC) No 2042/75 on special detailed rules for the application of the system of import and export licences for cereals and rice
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation (EEC) No 2727/75 of 29 October 1975 on the common organization of the market in cereals (1), as last amended by Regulation (EEC) No 2221/88 (2), and in particular Article 16 (6) thereof,
Whereas, in accordance with Article 10 of Commission Regulation (EEC) No 2042/75 (3), as last amended by Regulation (EEC) No 2877/88 (4), the term of validity of a licence for the export of cereals pursuant to an invitation to tender opened in an importing third country may extend to eight months following the month of issue; whereas, in view of the current major fluctuations in prices on the world market for cereals, that maximum term of validity should be reduced to four months;
Whereas, for the same reasons, the period between the date of the application for the licence and the closing date for the submission of tenders in the importing third country provided for in the third subparagrah of Article 43 (3) of Commission Regulation (EEC) No 3183/80 of 3 December 1980 laying down common detailed rules for the application of the system of import and export licences and advance fixing certificates for agricultural products (5), as last amended by Regulation (EEC) No 2082/88 (6), and the period laid down in Article 43 (5) of that Regulation between the closing date for the submission of tenders and the notification by the applicant of the outcome of the invitation to tender should be reduced, by way of derogation for the cereals sector;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Cereals,