21. 7. 90 Official Journal of the European Communities No L 190/33 COMMISSION REGULATION (EEC) No 2086/90 of 20 July 1990 on the sale for delivery in the French overseas departments of cereals held by the French intervention agency THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, Having regard to Council Regulation (EEC) No 2727/75 of 29 October 1975 on the common organization of the market in cereals ('), as last amended by Regulation (EEC) No 1340/90 (3, and in particular Article 7 (6) thereof, Whereas Article 3 of Council Regulation (EEC) No 1581/86 of 23 May 1986 laying down general rules for intervention on the market in cereals (}), as amended by Regulation (EEC) No 195/89 (%), provides that cereals held by intervention agencies are to be sold by tender; Whereas Commission Regulation (EEC) No 1836/82 (%), as last amended by Regulation (EEC) No 244/90 (%), lays down the procedure and conditions for the sale of cereals held by intervention agencies ; whereas Article 4 thereof allows for the possibility of resale on the Community market for specific destinations ; Whereas Council Decision 89/687/EEC (") established a programme of options specific to the remote and insular nature of the French overseas departments (Poseidom); Whereas that programme provides for a number of measures intended to compensate, where the supply of cereals is concerned, for the effects of the geographical situation of these departments in relation to the European territory of the Community, taking account of the aims of regional cooperation ; Whereas, pending commencement of application of the provisions of Poseidom, the pressing supply requirements of these very remote parts of the Community should be met by selling products taken into intervention ; whereas, given the local situation and the approach taken by the Council when Poseidom was adopted, the terms of sale should be favourable but not such as to disturb the Community market ; whereas to make allowance for the cost of transport between the European territory of the () OJ No L 281, 1. 11. 1975, p. 1. ) O] No L 134, 28. 5. 1990, p. 1. () OJ No L 139, 24. 5. 1986, p. 36. () OJ No L 25, 28. 1. 1989, p. 22. () OJ No L 202, 9. 7. 1982, p. 23. (9 OJ No L 27, 31. 1. 1990, p. 11. () OJ No L 399, 30. 12. 1989, p. 39. Community and the specified destinations, a derogation from Article 5 of Regulation (EEC) No 1836/82 dealing with the internal market resale price of intervention cereals should be permitted; whereas provision should also be made for the lodging of security such as to guarantee that the cereals reach the specified destinations within the specified time limits and that the successful tenderer fulfils his obligation to pass on to the new buyer of the cereals the purchase price concession he received ; Whereas Member States shall take all further action compatible with the provisions in force that is required to ensure satisfactory operation of the present arrangement and shall inform the Commission thereof ; Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Cereals, HAS ADOPTED THIS REGULATION : Article 1 The French intervention agency is authorized to sell by tender on the Community market 98 000 tonnes of cereals to be delivered to the destinations and within the time limits specified in the Annex. Article 2 1. The invitation to tender shall be open from 1 August to 30 November 1990. 2.  The cereals sold must be delivered to the destination provided for in Article 1. ' 3. Tenders shall not be valid unless accompanied by a written commitment : — to pass on, when the cereals are resold after arrival at destination, the price advantage granted in application of the tender rules set out in Article 3; should the cereals not be sold for direct consumption the terms of sale must include an obligation on the pruchaser to pass on in turn the price reduction granted pursuant to Article 3, — to lodge, at the latest on payment for the cereals, a security covering the difference between the price as provided for in Article 5 (1) and (3) of Regulation (EEC) No 1836/82 and that tendered.