31986R0478

1.3.86 Official Journal of the European Communities No L 53 / 55

COUNCIL REGULATION (EEC) No 478/86 of 25 February 1986 laying down the method of adjustment of the refund and the aid for colza, rape and sunflower seeds produced or processed in Spain and Portugal

THE COUNCIL OF THE EUROPEAN COMMUNITIES, Article 2

Having regard to the Treaty establishing the European Aid for colza, rape and sunflower seeds produced in Economic Community, the Community as constituted on 31 December 1985 and processed in Spain or Portugal shall be adjusted so that it is equal to the difference between the common Having regard to the Act of Accession of Spain and Portugal and in particular Articles 89 ( 1 ) and 234 (2) target prices, plus the customs duties to be applied by thereof, Spain or Portugal in their trade with the Community as constituted on 31 December 1985 , and the world price for these seeds, plus the customs duties applied by Having regard to the proposal from the Commission , Spain or Portugal to seeds imported from third coun­ tries . Whereas Articles 95 (3 ) and 293 (3 ) of the Act of Acces­ sion provide that aid for colza, rape and sunflower seeds produced in Spain or Portugal and processed in Article 3 the Community as constituted on 31 December 1985 and the aid for those seeds produced in the Community Where the refund referred to in Article 28 of Regulation as constituted on 31 December 1985 and processed in No 136/66/ EEC of the Council of 22 September 1966 Spain or Portugal shall be adjusted to take account of on the establishment of a common organization of the the respective difference between the level of the prices market in oil and fats ('), as last amended by Regula­ of those seeds and that of seeds imported from third tion (EEC) No 3768 / 85 (2), is fixed, the amount of such countries . refund shall be adjusted with respect to seeds produced in Spain or Portugal , by the difference between the tar­ Whereas the refund for seeds produced in Spain or Por­ get prices to be applied respectively, in Spain or Portu­ tugal should, in accordance with Articles 87 and 255 of gal and in the Community as constituted on 31 Decem­ the Act of Accession, be adjusted to take account of the ber 1985 . difference between the target price for these seeds and the common prices ,

Article 4 HAS ADOPTED THIS REGULATION : Detailed rules for the application of this Regulation shall be drawn up, as necessary, in accordance with the Article 1 procedure laid down in Article 38 of Regulation No 136 /66 / EEC . Aid for colza, rape and sunflower seeds produced in Spain or Portugal and processed in the Community as constituted on 31 December 1985 shall be adjusted so Article 5 that it is equal to the difference between the Spanish or Portuguese target prices and the world market price for such seeds . This Regulation shall enter into force on 1 March 1986 .

This Regulation shall be binding in its entirety and directly applicable in all Member States .

Done at Brussels , 25 February 1986

For the Council The President G. BRAKS

(') OJ No L 172, 30. 9 . 1966, p . 3025 /66 . ( 2) OJ No L 362 , 31 . 12 . 1985 , p . 8 .