11979H075

+++++

ARTICLE 75

1 . A COMPENSATORY MECHANISM SHALL BE INTRODUCED ON IMPORTATION , INTO THE COMMUNITY AS AT PRESENT CONSTITUTED , FOR FRUIT AND VEGETABLES COMING FROM GREECE FOR WHICH AN INSTITUTIONAL PRICE IS FIXED .

2 . THIS MECHANISM SHALL BE GOVERNED BY THE FOLLOWING RULES :

( A ) A COMPARISON SHALL BE DRAWN BETWEEN THE OFFER PRICE OF THE GREEK PRODUCT , AS CALCULATED IN ( B ) AND A COMMUNITY OFFER PRICE CALCULATED ANNUALLY ON THE ONE HAND , ON THE BASIS OF THE ARITHMETICAL AVERAGE OF PRODUCER PRICES OF EACH MEMBER STATE OF THE COMMUNITY AS AT PRESENT CONSTITUTED INCREASED BY THE TRANSPORT AND PACKAGING COSTS BORNE BY THE PRODUCTS FROM THE AREAS OF PRODUCTION UP TO THE REPRESENTATIVE CENTRES OF COMMUNITY CONSUMPTION AND , ON THE OTHER HAND , TAKING INTO ACCOUNT THE TREND OF PRODUCTION COSTS . THE ABOVEMENTIONED PRODUCER PRICES SHALL CORRESPOND TO AN AVERAGE OF THE PRICE QUOTATIONS RECORDED OVER THE THREE YEARS PRIOR TO THE DATE OF FIXING THE ABOVEMENTIONED COMMUNITY OFFER PRICE . THE ANNUAL COMMUNITY PRICE MAY NOT EXCEED THE LEVEL OF THE REFERENCE PRICE APPLIED VIS-A-VIS THIRD COUNTRIES . THIS COMMUNITY OFFER PRICE SHALL BE REDUCED BY 3 % AT THE TIME OF THE FIRST MOVE TOWARDS PRICE ALIGNMENT REFERRED TO IN ARTICLE 59 , BY 6 % AT THE TIME OF THE SECOND MOVE , 9 % AT THE TIME OF THE THIRD MOVE , BY 12 % AT THE TIME OF THE FOURTH MOVE , BY 15 % AT THE TIME OF THE FIFTH MOVE AND , AS REGARDS PEACHES AND TOMATOES , BY 18 % AT THE TIME OF THE SIXTH MOVE , AND BY 21 % AT THE TIME OF THE SEVENTH MOVE .

( B ) THE OFFER PRICE OF THE GREEK PRODUCT SHALL BE CALCULATED , EACH MARKET DAY , ON THE BASIS OF THE REPRESENTATIVE PRICE QUOTATIONS RECORDED OR REDUCED TO THE IMPORTER-WHOLESALER STAGE IN THE COMMUNITY AS AT PRESENT CONSTITUTED . THE PRICE FOR PRODUCTS COMING FROM GREECE SHALL BE EQUAL TO THE LOWEST REPRESENTATIVE PRICE QUOTATION OR THE AVERAGE OF THE LOWEST REPRESENTATIVE PRICE QUOTATIONS RECORDED FOR AT LEAST 30 % OF THE QUANTITIES OF THE PRODUCTS IN QUESTION MARKETED THROUGHOUT THE REPRESENTATIVE MARKETS FOR WHICH PRICE QUOTATIONS ARE AVAILABLE . THIS OR THESE PRICE QUOTATIONS SHALL BE REDUCED BY ANY CORRECTIVE AMOUNT THAT MAY BE INTRODUCED IN ACCORDANCE WITH THE PROVISIONS LAID DOWN HEREINAFTER IN ( C ) .

( C ) IF THE GREEK PRICE , THUS CALCULATED , SHALL BE LESS THAN THE COMMUNITY PRICE , AS INDICATED IN ( A ) , A CORRECTIVE AMOUNT EQUAL TO THE DIFFERENCE BETWEEN THESE TWO PRICES SHALL BE LEVIED ON IMPORTATION INTO THE COMMUNITY AS AT PRESENT CONSTITUTED BY THE IMPORTING MEMBER STATE . IF THE DAILY OFFER PRICE OF THE COMMUNITY PRODUCT CALCULATED FROM THE MARKETS OF THE CENTRES OF CONSUMPTION IS AT A LOWER LEVEL THAN THAT OF THE COMMUNITY PRICE AS DEFINED IN ( A ) , THE CORRECTIVE AMOUNT MAY , HOWEVER , NOT EXCEED THE DIFFERENCE BETWEEN , ON THE ONE HAND , THE ARITHMETICAL AVERAGE OF THESE TWO PRICES AND , ON THE OTHER HAND , THE PRICE OF THE GREEK PRODUCT .

( D ) THE CORRECTIVE AMOUNT SHALL BE LEVIED UNTIL RECORDS TAKEN SHOW THAT THE PRICE OF THE GREEK PRODUCT IS EQUAL TO OR GREATER THAN EITHER , THE COMMUNITY PRICE AS DEFINED IN ( A ) OR , WHERE APPROPRIATE , THE ARITHMETICAL AVERAGE OF COMMUNITY PRICES REFERRED TO IN ( C ) .

3 . THE COMPENSATORY MECHANISM PROVIDED FOR IN THIS ARTICLE SHALL REMAIN IN FORCE :

( A ) UNTIL 31 DECEMBER 1987 FOR THE PRODUCTS REFERRED TO IN ARTICLE 59 ( 2 ) ;

( B ) UNTIL 31 DECEMBER 1985 FOR THE PRODUCTS REFERRED TO IN ARTICLE 59 ( 3 ) .

4 . IF THE GREEK MARKET IS DISTURBED BY THE FACT OF IMPORTS FROM THE PRESENT MEMBER STATES , APPROPRIATE MEASURES , WHICH MAY PROVIDE FOR A COMPENSATORY MECHANISM SIMILAR TO THAT PROVIDED FOR IN THE PRECEDING PARAGRAPHS , MAY BE DECIDED IN RESPECT OF IMPORTS INTO GREECE OF FRUIT AND VEGETABLES FROM THE COMMUNITY AS AT PRESENT CONSTITUTED FOR WHICH AN INSTITUTIONAL PRICE IS FIXED .