31992R2666

15. 9. 92 Official Journal of the European Communities No L 270/ 11

COMMISSION REGULATION (EEC) No 2666/92 of 14 September 1992 suspending advance fixing of the import levy for cereals

THE COMMISSION OF THE EUROPEAN COMMUNITIES, give rise to speculative operations ; whereas the advance fixing of the import levy for cereals should therefore be Having regard to the Treaty establishing the European suspended, Economic Community,

Having regard to Council Regulation (EEC) No 2727/75 HAS ADOPTED THIS REGULATION : of 29 October 1975 on the common organization of the market in cereals ('), as last amended by Regulation (EEC) No 1738/92 (2), and in particular the second subparagraph Article 1 of Article 15 (7) thereof, Advance fixing of the import levy on the products Whereas Article 15 (7) of Regulation (EEC) No 2727/75 referred to in Article 1 (a), (b), (c) and (d) of Regulation provides that the provisions concerning advance fixing of (EEC) No 2727/75 is hereby suspended from 15 until 17 the levy may be suspended if the market situation shows September 1992. that the application of these provisions is causing or is likely to cause difficulties ; Article 2 Whereas, in view of the monetary situation and the uncertainty reigning on the exchange markets, there is a This Regulation shall enter into force on 15 September danger that the continuation of the present system could 1992.

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

Done at Brussels, 14 September 1992.

For the Commission Ray MAC SHARRY Member of the Commission

0 OJ No L 281 , 1 . 11 . 1975, p. 1 . 0 OJ No L 180, 1 . 7. 1992, p. 1 .