13. 3. 8§ Official Journal of the European Communities No L 72/17 COMMISSION REGULATION (EEC) No 627/85 of 12 March 1985 on storage aid and financial compensation for unprocessed dried grapes and figs THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, Having regard to Council Regulation (EEC) No 516/77 of 14 March 1977 on the common organization of the market in products processed from fruit and vegeta- bles ('), as last amended by Regulation (EEC) No 988/84 (*), and in particular Article 4 (8) thereof, Whereas storage aid shall be calculated taking into consideration the technical cost of the storage and interest on the purchase price paid for the products ; whereas to compensate for the effect of the interest for each category of dried grapes and dried figs, the aid - should be fixed for a specific category and multiplied by the coefficient applicable to the minimum price payable to the producer; Whereas the interest on the purchase price is by far the highest part of storage aid ; whereas the storage aid may be reduced in cases where the storage agency’s expenses on interest could be reduced ; whereas that is possible by paying provisional financial compensation before the products in stock are sold; Whereas storage aid shall be paid for the actual dura- tion of storage; whereas natural losses occur during storage ; whereas the quantities for which storage aid may be paid should be adjusted after the physical stocktaking operations provided for in Article 26 (2) of Commission Regulation (EEC) No 626/85 (°); Whereas payment of storage aid and financial compensation shall be based on periodical applica- tions submitted by the storage agencies ; whereas such applications shall contain all necessary information for calculation of the correct amounts ; Whereas natural losses for which financial compensa- tion may be granted should not exceed the quantity which normally disappears under handling or by evaporation ; whereas this quantity should be fixed on () OJ No L 73, 21. 3. 1977, p. 1. () O] No L 103, 16. 4. 1984, p. 11. () See page 7 of this Official Journal. a flat-rate basis ; whereas other losses and deterioration in quality are to be disregarded when financial compensation is to be granted; Whereas when products have been stored for a very long period, the storage may result in a rise in natural losses or deterioration may take place; whereas in such cases the matter should be decided in accordance with the procedure laid down in Article 20 of Regula- tion (EEC) No 516/77 ; whereas to that end the storage agencies should furnish additional particulars as to the circumstances which led to the losses or deterioration ; whereas these particulars should be communicated to the Commission , Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Products Processed from Fruit and Vegetables, HAS ADOPTED THIS REGULATION : TITLE 1 STORAGE AID Article 1 1. Storage aid shall be fixed per day and per 100 kilograms net of : — sultanas of category 4, and — figs of category C. For other categories of sultanas and figs as well as for currants, the storage aid shall be multiplied by the coefficients applicable to the minimum price payable to the producer. 2. Two rates of storage aid shall be fixed for unpro- cessed dried grapes from the same marketing year. One rate shall be applied for storage until the end of February of the year following that in which the products were purchased. The other rate shall apply to storage beyond that period. 3. The conversion rate to be applied to the storage aid, fixed in ECU, shall be the representative rate in force on the first day of the products marketing year.