No L 310/4 Official Journal of the European Communities 14. 12. 93 COMMISSION REGULATION (EC) No 3403/93 of 10 December 1993 amending Regulation (EEC) No 2220/85 laying down common detailed rules for the application of the system of securities for agricultural products THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Community, ) Having regard to Council Regulation (EEC) No 1766/92 of 30 June 1992 on the common organization of the market in cereals (), as last amended by Regulation (EEC) No 2193/93 (3, and in particular Articles 5, 6 (2), 7 (3), 8 (5) 9 (2), 11 (4), 12 (3) and (6), 13 (6), 16 (2) and 17 (4) thereof, and the cotresponding provisions of the other Regulations on the common organization of the market in agricultural products, and also to other provisions in the Regulations on the common organization of markets which, when applied in practice, call for a security, Having regard to Council Regulation (EEC) No 525/77 of 14 March 1977 establishing a system of production aid for tinned pineapple (), as last amended by Regulation (EEC) No 1699/85 (¥), and in particular Article 8 thereof, Having regard to Council Regulation (EEC) No 2169/81 of 27 July 1981 laying down the general rules for the system of aid for cotton (), as last amended by Regulation (EEC) No .1554/93 (%), and in particular Article 5 (3) thereof, Whereas Council Regulation (EEC) No 1491/85 of 23 May 1985 laying down special measures in respect of soya beans (), has been replaced by Regulation (EEC) No 3766/91 (); whereas Council Regulation (EEC) No 1079/77 of 17 May 1977 on a co-responsibility levy and on measures for expanding the markets in milk and milk products (°) has been repealed by Regulation (EEC) No 1029/93 (*%); whereas Council Regulation (EEC) No 1677/85 of 11 June 1985 on monetary compensatory amounts in agriculture (') has been repealed by Regula- tion (EEC) No 3813/92 (%) ; whereas Council Regulation () OJ No L 181, 1. 7. 1992, p. 21. () OJ No L 196, S. 8. 1993, p. 22. % OJ No L 73, 21. 3. 1977, p. 46. 9 OJ No L 163, 22. 6. 1985, p. 12. 9 OJ No L 211, 31. 7. 1981, p. 2. (9 OJ No L 154, 25. 6. 1993, p. 23. OJ No L 151, 10. 6. 1985, p. 15. OJ No L 356, 24. 12. 1991, p. 17. OJ No L 131, 26. 5. 1977, p. 6. %) GJ No L 108, 1. 5. 1993, p. 4. (") OJ No L 164, 24. 6. 1985, p. 6. (") OJ No L 387, 31. 12. 1992, p. 1. (EEC) No 1431/82 of 18 May 1982 laying down special measures for peas, fieldbeans- and sweet lupins (*?) has been replaced by Regulation (EEC) No 1765/92 (14); Whereas the references in Commission Regulation (EEC) No 2220/85 (**), as last amended by Regulation (EEC) No 3745/89 (*%), to several Regulations should be updated; Whereas Commission Regulation (EEC) No 1068/93 of 30 April 1993 on detailed rules for determining and applying the agricultural conversion rates (') lays down the operative events for agricultural conversion rates, in particular those applicable for securities; whereas the consequences of a modification of the agricultural conver- sion rate for a security on the day of the operative event should be taken into account; Whereas Regulation (EEC) No 2220/85 provides for the forfeiture of a security or a part thereof; whereas the administrative costs of the forfeiture. could exceed the amount of security to be forfeited ; whereas the Member States’ authorities should therefore be given the option of waiving forfeiture if the amount is very small; Wheréas to avoid discrimination within the Community it is appropriate to provide for the payment of interest where the forfeiture of a security has been postponed pending the outcome of an appeal procedure ; Whereas Regulation (EEC) No 2220/85 should be modi- fied accordingly ; Whereas the measures provided for in this Regulation are in accordance with the opinion of all relevant Manage- ment Committees, HAS ADOPTED THIS REGULATION : Article 1 Regulation (EEC) No 2220/85 is hereby amended as follows. ' (") OJ No L 162, 12. 6. 1982, p. 28. (*) OJ No L 181, 1. 7. 1992, p. 12. () OJ No L 205, 3. 8. 1985, p. 5. (") OF No L 364, 14. 12. 1989, p. 54. (") OJ No L 108, 1. 5. 1993, p. 106,