COMMISSION REGULATION (EC) No 1321/98 of 25 June 1998 establishing the forecast supply balance for 1998/99 for the Azores, Madeira and the Canary Islands with regard to sugar, provided by Council Regulations (EEC) No 1600/92 and (EEC) No 1601/92

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 Commission Regulation (EC) No 562/98 (2), and in particular Article 10 thereof,

Having regard to Council Regulation (EEC) No 1601/92 of 15 June 1992 concerning specific measures for the Canary Islands with regard to certain agricultural products (3), as last amended by Regulation (EC) No 2348/96 (4), and in particular Articles 3(4) and 7(2) thereof,

Whereas pursuant to Article 2 of Regulations (EEC) No 1600/92 and (EEC) No 1601/92, Commission Regulation (EEC) No 2177/92 (5), as last amended by Regulation (EC) No 2431/97 (6), sets the forecast supply balance with sugar to the Azores, Madeira and the Canary Islands for the 1997/98 marketing year; whereas pursuant to the said Article 2 and on the basis of the forecasts the supply balance for the 1998/99 marketing year under the arrangements should now be set;

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

HAS ADOPTED THIS REGULATION:

Article 1

The Annex to Regulation (EEC) No 2177/92 is hereby replaced for the 1998/99 marketing year by the Annex to this Regulation.

Article 2

This Regulation shall enter into force on 1 July 1998.

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

Done at Brussels, 25 June 1998.

For the Commission

Franz FISCHLER

Member of the Commission

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

(2) OJ L 76, 13. 3. 1998, p. 6.

(3) OJ L 173, 27. 6. 1992, p. 13.

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

(5) OJ L 217, 31. 7. 1992, p. 71.

(6) OJ L 337, 9. 12. 1997, p. 7.

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