COMMISSION REGULATION (EC) No 2176/97 of 31 October 1997 amending Regulation (EEC) No 2026/92 on detailed rules for the application of the specific supply measures for Madeira as regards olive oil and establishing the forecast supply balance

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European Community,

Having regard to Council Regulation (EEC) No 1600/92 of 15 June 1992 concerning specific measures for the Azores and Madeira relating to certain agricultural products (1), as last amended by Regulation (EC) No 2348/96 (2),

Whereas Commission Regulation (EEC) No 2026/92 (3), as last amended by Regulation (EC) No 2104/96 (4), fixes the forecast supply balance for olive oil for Madeira for the period 1 November 1996 to 31 October 1997; whereas, in order to permit supplies of olive oil to be made to Madeira during the 1997/98 marketing year, a forecast supply balance must be established for the period 1 November 1997 to 31 October 1998;

Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Oils and Fats,

HAS ADOPTED THIS REGULATION:

Article 1

Regulation (EEC) No 2026/92 is hereby amended as follows:

1. In the first subparagraph of Article 1 (1), '1 November 1996 to 31 October 1997` is replaced by '1 November 1997 to 31 October 1998`.

2. The Annex is replaced by the Annex hereto.

Article 2

This Regulation shall enter into force on the day following its publication in the Official Journal of the European Communities.

It shall apply from 1 November 1997.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels, 31 October 1997.

For the Commission

Franz FISCHLER

Member of the Commission

(1) OJ L 173, 27. 6. 1992, p. 1.

(2) OJ L 320, 11. 12. 1996, p. 1.

(3) OJ L 207, 23. 7. 1992, p. 18.

(4) OJ L 282, 1. 11. 1996, p. 48.

ANNEX

Forecast supply balance for olive oil for Madeira for the period 1 November 1997 to 31 October 1998

>TABLE>