31994R2848

25 . 11 . 94 No L 302/29 Official Journal of the European Communities

COMMISSION REGULATION (EC) No 2848/94 of 22 November 1994 amending Regulation (EC) No 2158/94 and increasing to 200 000 tonnes the amount of durum wheat held by the Italian intervention agency for which a standing invitation to tender for resale on the internal market has been opened

THE COMMISSION OF THE EUROPEAN COMMUNITIES, HAS ADOPTED THIS REGULATION :

Having regard to the Treaty establishing the European Community, Article 1 Having regard to Council Regulation (EEC) No 1766/92 of 30 June 1992 on the common organization of the In Article 1 of Regulation (EC) No 2158/94 ' 100 000 market in cereals ('), as last amended by Regulation (EC) tonnes' is replaced by *200 000 tonnes'. No 1866/94 (2), and in particular Article 5 thereof,

Whereas Commission Regulation (EEC) No 2131 /93 (3), as amended by Regulation (EC) No 120/94 (4), lays down Article 2 the procedure and conditions governing the offer for sale of cereals held by intervention agencies ; The following Article 2a is inserted : Whereas Commission Regulation (EC) No 2158/94 Q Article 2a opened a standing invitation to tender for the resale on the internal market of 100 000 tonnes of durum wheat held by the Italian intervention agency ; Notwithstanding Article 5 (1 ) of Regulation (EEC) No 2131 /93, the highest bid exceeding the minimum Whereas in the present situation on the market the quan­ price of ECU 130 per tonne shall be accepted. The tity of durum wheat held by the Italian intervention minimum price shall be raised by monthly increases, agency put up for sale on the internal market of the to be applied to the intervention prices as laid down Community should be increased to 200 000 tonnes ; in Council Regulation (EC) No 1 867/94 (*).

Whereas the market situation for durum wheat is charac­ 0 OJ No L 197, 30. 7. 1994, p. 3. terized by abnormally high prices by comparison with the support prices ; whereas no account should be taken therefore of the market price in the appraisal of tenders, and a minimum price should be fixed in excess of the Article 3 intervention price ;

Whereas the Management Committee for Cereals has not This Regulation shall enter into force on the day of its delivered an opinion within the time limit set by its publication in the Official Journal of the European chairman, Communities.

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

Done at Brussels, 22 November 1994.

For the Commission Rene STEICHEN Member of the Commission

(') OJ No L 181 , 1 . 7. 1992, p. 21 . (2) OJ No L 197, 30. 7. 1994, p. 1 . (3) OJ No L 191 , 31 . 7. 1993, p. 76. (4) OJ No L 21 , 26. 1 . 1994, p. 1 . 0 OJ No L 229 , 2. 9. 1994, p. 4.