Document ID: 31988R3860

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COUNCIL REGULATION (EEC) No 3860/88
of 9 December 1988
fixing the guide prices for the fishery products listed in Annex I (A), (D) and (E) of Regulation (EEC) No 3796/81 for the 1989 fishing year
THE COUNCIL OF THE EUROPEAN COMMUNITIES,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation (EEC) No 3796/81 of 29 December 1981 on the common organization of the market in fishery products (1), as last amended by Regulation (EEC) No 3468/88 (2), and in particular Article 10 (3) thereof,
Having regard to the proposal from the Commission,
Whereas Article 10 (1) and (2) of Regulation (EEC) No 3796/81 provides that a guide price shall be fixed for each of the products listed in Annex I (A), (D) and (E) of the Regulation at a level which will help to stabilize market prices and avoid the formation of surpluses in the Community; whereas that level must also help support producers' income and at the same time take account of consumers' interest;
Whereas the guide price shall be based on the average of prices as defined in Article 10 (2) of that Regulation and on an assessment of production and demand prospects;
Whereas the application of the criteria laid down in Article 10 of Regulation (EEC) No 3796/81 and referred to above involves for the 1989 fishing year an increase for certain products and the stabilization or decrease of prices for others compared with prices applicable during the current fishing year; whereas, in the absence of certain information concerning price trends for each fishery product with given commercial characteristics, consideration should be given to the relationship between the average weighted market prices recorded when the guide prices were fixed for the previous fishing year for these products, and the average weighted market prices recorded currently;
Whereas in accordance with Articles 169 and 356 of the Act of Accesion, a fourth approximation of guide prices must take place on 1 January 1989 for Atlantic sardines of the species Sardina pilchardus and anchovies (Engraulis spp.),
HAS ADOPTED THIS REGULATION:
Article 1
The guide prices for the fishing year from 1 January to 31 December 1989 for the products listed in Annex I (A), (D) and (E) to Regulation (EEC) No 3796/81 and the categories to which they relate are fixed in the Annex hereto.
Article 2
This Regulation shall enter into force on 1 January 1989.
This Regulation shall be binding in its entirety and directly applicable in all Member States.
Done at Brussels, 9 December 1988.

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