19. 7. 90 Official Journal of the European Communities No.L 187/23 COMMISSION REGULATION (EEC) No 2046/90 of 18 July 1990 determining, for tobacco from the 1989 harvest, the quantity actually produced and the prices and premiums payable under the system of maximum guaranteed quantities THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, : Having regard to Regulation (EEC) No 727/70. of the Council of 21 April 1970 on the common organization of the market in raw tobacco(’), as last- amended by Regulation (EEC) No 1329/90 (%), and in particular Article- 4 .(5) thereof, Having regard to Commission Regulation (EEC) No 2824/88 of 13 September 1988 laying down certain detailed rules for the application of the system of maximum guaranteed quantities in the tobacco sector and amending Regulations (EEC) No 1076/78 and (EEC) No 1726/70 (%), and in particular Articles 1 and 2 (4) thereof, Whereas Regulation (EEC) No 727/70 provides for a system of maximum guaranteed quantities ; whereas that system provides in particular that where the quantities: fixed for a variety or a group of varieties are exceeded, the prices and premiums concerned must be reduced in accordance with- Article 4 (5)-of that-Regulation ; Whereas Regulation (EEC) No 2824/88 lays down -that, before 31 July of the year following that of harvest, the Commission must, for each of the varieties or groups of varieties: of tobacco for which a maximum guaranteed quantity has been fixed, determine in particular on the basis of the figures notified by the Member States, the quantity actually produced which, if exceeded, causes the prices and premiums for the variety or group of varieties concerned to be reduced by 1 % for each 1 % by which the maximum guaranteed quantity is exceeded ; whereas when that occurs the norm price is reduced by an amount equal to the reduction in the premium ; whereas in the case of the 1989 harvest the maximum reduction allowed is 15%; Whereas Council Regulation (EEC) No 1252/89 (%), as amended by Regulation (EEC) No 1331/90 (%), fixes snter alia the maximum guaranteed quantities of leaf tobacco and the prices and premiums for the 1989 harvest; () OJ No L 94, 28. 4. 1970, p. 1. % OJ No L 132, 23. 5. 1990, p. 25. () O] No L 254, 14. 9. 1988, p. 9. () OJ No L 129, 11. S. 1989, p. 17. () OJ No L 132, 23. 5. 1990, p. 28. Whereas on the basis of the figures available the quantities actually produced in respect of the 1989 harvest are those set out below; whereas the prices and: premiums for that harvest should accordingly be adjusted as shown below ; Whereas, as a consequence of Commission Regulation (EEC) No 1665/90 of 20 June 1990 determining the prices and amounts fixed in ecus by the Council in the raw “tobacco sector and reduced as a result of the monetary -realignment of § January 1990 (%), the prices and ‘amounts fixed in ecus must be divided by 1,001712 for operations- where the operative event- for the agricultural conversion -rate occurs from 14 May 1990 ; Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Tobacco, HAS ADOPTED THIS REGULATION : Article 1 1. For the 1989 harvest the actual production of each variety or group of varieties of tobacco and the overrun of the ‘maximum-guaranteed quantities fixed by Regulation (EEC) No 1252/89 shall be those set out in Annex I:to this Regulation.. 2. Subject to the application of Commission Regulation (EEC) No 1665/90 for the 1989 harvest the norm and intervention prices and the amounts of the premium granted to purchasers of leaf tobacco, as referred to in -Articles 2 and 3 of Regulation (EEC) No 727/70, and the derived intervention prices for baled ‘tobacco, as referred to in Article 6 of the said Regulation, which are payable under the system of maximum guaranteed. quantities, shall be as set out in Annex II to this Regulation. Article 2 This. Regulation shall enter into force on the third day following its publication in the Official Journal of the European Communities. () OJ No L 155, 21. 6. 1990, p. 26.