31989R2691

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COMMISSION REGULATION (EEC) No 2691/89

of 6 September 1989

fixing the amount of the payment on account of the cost of disposal of certain distillation products

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European Economic Community,

Having regard to Council Regulation (EEC) No 822/87 of 16 March 1987 on the common organization of the market in wine (1), as last amended by Regulation (EEC) No 1236/89 (2), and in particular Article 37 (2) thereof,

Whereas the European Council of 11 and 12 February 1988 laid down as a guideline the elimination of potential costs inherent in stocks of agricultural products;

Whereas, as regards alcohol from distillation as referred to in Article 35 and 36 of Regulation (EEC) No 822/87, the European Agricultural Guidance and Guarantee Fund (EAGGF) is to bear only the costs arising from its disposal; whereas the amount of the payment on account of the cost of disposal of the products must be fixed having regard to depreciation in way similar to that by which alcohol from distillation as referred to in Article 39 of that Regulation is depreciated;

Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Wine,

HAS ADOPTED THIS REGULATION:

Article 1

The amount of the payment on account of the cost of disposal of the products of distillation under Articles 35 and 36 of Regulation (EEC) No 822/87 shall be determined by application of a coefficient to the value of purchases made by intervention agencies. For the 1990 financial year this coefficient shall be 0,7.

Article 2

The expenditure amounts determined in accordance with Article 1 shall be notified to the Commission under the declaration established pursuant to Commission Regulation (EEC) No 2776/88 of the Commission (3).

Article 3

This Regulation shall enter into force on the day of its publication in the Official Journal of the European Communities.

It shall be applicable from 1 October 1989.

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

Done at Brussels, 6 September 1989.

For the Commission

Ray MAC SHARRY

Member of the Commission

(1) OJ No L 84, 27. 3. 1987, p. 1.

(2) OJ No L 128, 11. 5. 1989, p. 31.

(3) OJ No L 249, 8. 9. 1988, p. 9.