No L 57/16 Official Journal of the European Communities 1. 3. 86 COMMISSION REGULATION (EEC) No 577/86 of 28 February 1986 on the application of accession compensatory amounts to certain processed cereals products in view of the accession of Spain THE COMMISSION 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 90 (1) thereof, Having regard to Regulation (EEC) No 2727/75 of 29 October 1975 on the common organization of the market in cereals ('), as last amended by Regulation (EEC) No 3793/85 (3, Whereas Article 72 of the Act of Accession of Spain and Portugal (}) provides for a mechanism to offset price diff- erences in trade between the Community as constituted at 31 December 1985 and Spain, and between Spain and non-member countries ; whereas, with regard to cereals, Article 111 (3) sets out a rule according to which the accession compensatory amounts for processed products are to be derived from the compensatory amounts appli- cable to the cereals to which they relate on the basis of coefficients to be determined ; whereas these coefficients are to be fixed having due regard to technical processing factors and also to the fact that the compensatory amounts will apply to imports, exports and in trade between the Community as constituted at 31 December 1985 and Spain; Whereas because of an obvious clerical error, Article 111 (3) of the Act of Accession mentions, in the reference to processed products covered by the relevant market organi- zation, only products under Article 1 (c) of Regulation (EEC) No 2727/75, and omits the products referred to under Article 1 (d) and listed in Annex A to that same Regulation ; Whereas the system of offsetting prices as between Spain and the Community as constituted at 31 December 1985 starts on 1 March 1986 ; whereas, pending rectification of the clause in the Act of Accession, appropriate transi- tional measures must be adopted to implement a mecha- nism for accession compensatory amounts for the processed products referred to in Article 1 (d) of Regula- tion (EEC) No 2727/75, failing which there could be dis- equilibrium harmful to trade betweéen Spain and the rest () OJ No L 281, 1. 11. 1975, p. 1. () OJ No L 367, 31. 12. 1985, p. 19. () OJ No L 302, 15. 11. 1985, p. 23. of the Community and a serious danger of deflection of trade in trade with third countries; Whereas, under these transitional measures, for the sake of consistency and clarity, the rules and procedures laid down by Council Regulation (EEC) No 467/86 (%) should be brought into application for trade in the relevant processed products ; Whereas it should be stipulated that, in respect of the processed products affected by the production refunds system provided for in Article 11 of Regulation (EEC) No 2727/75, the accession compensatory amounts must be reduced by the incidence of these refunds; Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Cereals, HAS ADOPTED THIS REGULATION : Article 1 In trade between the Community as constituted at 31 December 1985 and Spain, and between Spain and third countries, the products referred to in Article 1 (d) of Regulation (EEC) No 2727/75 shall, from 1 March 1986 onwards, attract accession compensatory amounts as provided in this Regulation. Article 2 1. The accession compensatory amounts referred to in Article 1, applicable until the end of the 1985/86 marke- ting year, shall be as shown in Annex I, being derived from the accession compensatory amounts applicable to the cereals to which they are related on the basis of the coefficients listed in the same Annex. 2. The accession compensatory amounts applicable to products, for which the incidence of the production refunds provided for in Article 11 of Regulation (EEC) No 2727/75 must be taken into account, shall be as set out in Annex II on the basis of the coefficients set out in the same Annex. () OJ No L 53, 1. 3. 1986, p. 25.