1. 3. 86 Official Journal of the European Communities No L 59/1 (Acts whose publicatidn is obligatory) COMMISSION REGULATION (EEC) No 623/86 of 28 February 1986 determining the accession compensatory amounts applicable from 1 March 1986 to trade in goods covered by Regulations (EEC) No 3033/80 and (EEC) No 3035/80 THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, Having regard to the 1985 Act of Accession (1), Having regard to Council Regulation (EEC) No 3033/80 of 11 November 1980 laying down the trade arrangements applicable to certain goods resulting from the processing of agricultural products (?), Having regard to Council Regulation (EEC) No 3035/80 of 11 November 1980 laying down genral rules for granting export refunds on certain agricultural products exported in the form of goods not covered by Annex II to the Treaty, and the criteria for fixing the amount of such refunds (3), Whereas the third indents of Articles 53 (1) and 213 (1) of the Act provide that, where compensatory amounts or compensatory mechanisms are applied in trade between the Community as constituted at 31 December 1985, hereinafter referred to as the ‘Community of Ten’, and the Kingdom of Spain or the Portuguese Republic to one or more basic products considered as having been used in the manufacture of goods covered by Regulation (EEC) No 3033/80, accession compensatory amounts are to be applied on the exportation of goods covered by Regulation (EEC) No 3035/80 to the Kingdom of Spain or the Portuguese Republic from the Community of Ten; Whereas the first indents of Articles 53 (1) and 213 (1) of the Act provide that, where compensatory amounts or (1) O] No L 302, 15. 11. 1985 (2) OJ No L 323, 29. 11. 1980, p. 1. (3) O] No L 323, 29. 11. 1980, p. 27. compensatory mechanisms are applied in trade between the Community of Ten and the Kingdom of Spain or the Portuguese Republic to one or more basic products considered as having been used in the manufacture of goods covered by Regulation (EEC) No 3033/80, accession compensatory amounts are to be applied on the importation of such goods into the Community of Ten from the Kingdom of Spain or the Portuguese Republic; Whereas, in accordance with the fourth indents of Articles §$3 (1) and 213 (1) of the Act, refunds which may be granted on the exportation of goods covered by Regulation (EEC) No 3035/80 from the new Member States to third countries are to be reduced or increased, as the case may be, by an accession compensatory amount; Whereas, in accordance with the second indents of Articles 53 (1) and 213 (1) of the Act, the variable component applicable to imports of goods covered by Regulation (EEC) No 3033/80 into the two new Member States from third countries is to be increased or reduced, as the case may be, by an accession compensatory amount; Whereas Articles 54 and 214 of the Act provide that the Kingdom of Spain and the Portuguese Republic are to apply in trade with each other the same system of accession compensatory amounts as that applicable to their trade with the Community of Ten, subject to the conditions laid down in Protocol 3 of the Act of Accession; whereas Article 7 (1) of Protocol 3 of that Act provide that accession compensatory amounts applicable between the Kingdom of Spain and the Portuguese Republic are to be levied or granted by the State in which the prices of the basic agricultural products concerned are the higher;