No L 54/2 Official Journal of the European Communities 1.3.86 COUNCIL REGULATION (EEC) No 480/86 of 25 February 1986 laying down general rules of application of the regulatory amounts applicable to trade in certain wine sector products between the Community as constituted on 31 December 1985 and Spain THE COUNCIL OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, Having regard to the Act of Accession of Spain and Portugal, and in particular Article 89 (1) thereof, Having regard to the proposal from the Commission, Whereas Article 123 of the Act of Accession provides for a regulatory amount mechanism to be set up for trade in wine sector products between the Community as constituted on 31 December 1985 and Spain; Whereas for table wines the regulatory amounts to be levied on the import of the products in question into the Community as constituted on 31 December 1985 offset the difference between the guide prices and those fixed for Spain; whereas in the case of other products in the sector which are likely to disturb the market and for which a reference price is fixed, a regulatory amount may be levied in accordance with a procedure that takes into account the relationships between these products and the different types of table wine; Whereas, according to the joint declaration annexed to the Act, for certain table wines from Spain assessed on the basis of their specific market prices and their vatting, bottling and labelling, there is to be levied a regulatory amount lower than the highest regulatory amount resulting from the difference between the respective guide prices; Whereas the purpose of the regulatory amount is to prevent disturbance on the market of the Community as constituted on 31 December 1985 without affecting the traditional pattern of trade in the abovementioned products; whereas, therefore, there is no need to apply the regulatory amount in cases where there is no danger of disturbance; whereas provision should also be made for adjustment of the regulatory amount for the product in question on the basis of its market situation; Whereas Article 123 (4) of the Act provides that a regu- latory amount may be fixed for the export of one or more products from the Community as constituted on 31 December 1985 to Spain; whereas this possibility may only be used, when, for the product in question, the market trend risks calling in question the normal trade pattern; Whereas it appears desirable, in order to prevent disturbance of trade with third countries in certain cases, that provision be made, when the refund applicable in trade between Spain and third countries is set, as provided for in Article 87 of the Act, for the regulatory amount to be disregarded either wholly or in part, HAS ADOPTED THIS REGULATION: Article 1 1. This Regulation adopts general rules for application of the mechanism for the regulatory amounts introduced in the trade of certain wine sector products between the Community as constituted on 31 December 1985 and Spain. 2. Articles 2 to 6 shall apply to the regulatory amounts for imports from Spain into the Community as constituted on 31 December 1985. Article 2 1.  For each type of table wine the regulatory amount shall, for each wine year, be equal to the difference between the guide price set for the Community as constituted on 31 December 1985 and that set for Spain. 2. The regulatory amount referred to in paragraph 1 may be adjusted to take account of the price situation on the market in the Community as constituted on 31 December 1985 and in Spain. The price situation on the market for each type of table wine shall be assessed on the basis in particular of the representative prices determined pursuant to Article 4 of Council Regulation (EEC) No 337/79 of 5 February 1979 on the common organization of the market in wine (*), as last amended by Regulation (EEC) No 3768/85 (?). (*) OJ No L 54, 5.3.1979, p. 1. (*) OJ No L 362, 31. 12. 1985, p. 8.