Document ID: 31984R3248

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COMMISSION REGULATION (EEC) No 3248/84
of 21 November 1984
fixing the prices to be used for calculating the value of agricultural products in intervention storage to be carried forward to the 1985 financial year
THE COMMISSION OF THE EUROPEAN
COMMUNITIES,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation (EEC) No 1883/78 of 2 August 1978 laying down general rules for the financing of interventions by the European Agricultural Guidance and Guarantee Fund, Guarantee Section (1), as last amended by Regulation (EEC) No 1716/84 (2), and in particular Article 8 thereof,
Whereas it is specified in the first paragraph of Article 8 of Regulation (EEC) No 1883/78 that prices shall be determined for calculating the value of the agricultural products in intervention storage to be carried forward to the next financial year; whereas these products are generally valued at their purchase price; whereas these prices should therefore be based on the actual purchase prices paid by the intervention agencies during a reference period stretching from 1 December 1983 to the latest month for which the figures are known, including quantities carried over from 1983 and entered in the accounts on 1 December 1983 at their carry-over prices;
Whereas Commission Regulation (EEC) No 3184/83 of 31 October 1983 on the operation of the system of advances in respect of expenditure financed by the Guarantee Section of the EAGGF (3) provides that expenditure in the last month of the financial year shall be based on physical operations plus stock levels in the preceding month; whereas, therefore, stocks at the end of the year should be valued at the levels on 30 November;
Whereas it is not necessary to use the facility provided for in the second paragraph of Article 8 of Regulation (EEC) No 1883/78 in respect of intervention stocks;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the EAGGF Committee,
HAS ADOPTED THIS REGULATION:
Article 1
The prices to be used for calculating the value of agricultural products in intervention storage to be carried forward to the 1985 financial year are set out in the Annex.
Article 2
This Regulation shall enter into force on the third day following its publication in the Official Journal of the European Communities.
This Regulation shall be binding in its entirety and directly applicable in all Member States.
Done at Brussels, 21 November 1984.

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