COMMISSION REGULATION (EEC) No 1320/92  of 22 May 1992  laying down further transitional measures to support the market for beef in Spain
THE COMMISSION 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 90 thereof,
Whereas the period laid down in Article 90 of the Act of Accession was extended to 31 December 1992 by Council Regulation (EEC) No 477/92 (1);
Whereas features of the market situation in Spain are a substantial fall in consumption for health reasons and a sharp increase in production as a result of measures adopted with regard to milk and milk products and a shortage of fodder due to the  drought; whereas this situation has created economic difficulties for producers in Spain through the substantial price deterioration it has led to in the last few months; whereas those difficulties are sufficiently serious to warrant the introduction of  transitional measures to improve the situation on the market for beef in Spain;
Whereas, in order to be effective, such transitional measures should involve the buying-in at fixed prices of beef products in accordance with the conditions laid down in Section I of Title I and Titles II and III of Commission Regulation (EEC) No  859/89 of 29 March 1989 laying down detailed rules for the application of intervention measures in the beef and veal sector (2), as last amended by Regulation (EEC) No 695/92 (3); whereas, with a view to the gradual adaptation of the Spanish market to  the conditions obtaining on the Community market, the buying-in price should be linked to the maximum price fixed under the normal intervention arrangements;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Beef and Veal,
1. The Spanish intervention agency mentioned in Annex V to Regulation (EEC) No 859/89 shall buy in up to 10 000 tonnes of carcases, half-carcases, forequarters and hindquarters of adult bovine animals as described in Annex III thereto in the  period 25 May to 31 July 1992.
2. The buying-in price per 100 kilograms of carcase or half-carcase of category A and quality class R3 for each take-over period under the arrangements for buying-in by invitation to tender provided for in Article 2 (b) of Regulation (EEC) No 859/89  shall be equal to the average market rate recorded in Spain by quality or group of qualities converted into quality class R3, plus the increase provided for in Article 12 (1) of that Regulation; however, if the average market price recorded in Spain by  quality or group of qualities converted into quality class R3 exceeds 75 % of the intervention price, the maximum buying-in price shall not exceed 75 % of the intervention price, plus the abovementioned increase. The prices for the other eligible  qualities shall be arrived at using the coefficients set out in Annex IV to that Regulation.
3. The prices for forequarters and hindquarters shall be calculated by applying the coefficients 0,80 and 1,20 respectively for the straight cut and 0,75 and 1,25 respectively for the cut known as 'pistola' to the carcase price.
4. The Spanish intervention agency shall buy in products offered under the conditions laid down in Section I of Title I and in Titles II and III of Regulation (EEC) No 859/89.
5. Products bought in shall be paid for by the intervention agency between the 45th and 65th day following that of take-over.
This Regulation shall enter into force on 25 May 1992. This Regulation shall be binding in its entirety and directly applicable in all Member States.