L 61/20 Official Journal of the European Union 8.3.2005 COMMISSION REGULATION (EC) No 383/2005 of 7 March 2005 determining the operative events for the exchange rates applicable to the products of the wine sector THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Community, Having regard to Council Regulation (EC) No 2799/98 of 15 December 1998 establishing agrimonetary arrangements for the euro (1), and in particular Article 3(2) thereof, Whereas: (1)  Commission Regulation (EC) No 2808/98 of 22 December 1998 laying down detailed rules for the appli- cation of the agrimonetary system for the euro in agri- culture () determines the operative events for the applicable exchange rates on the basis of the criteria set out in Article 3 of Regulation (EC) No 2799/98, without prejudice to any specific definitions or exemptions provided for in the rules for the sectors concerned on the basis of those criteria. (2)  The operative events for the exchange rates applicable to certain measures of the common organisation of the market in wine are specific and should therefore be determined in a specific regulation. (3)  Article 8 of Council Regulation (EC) No 1493/1999 of 17 May 1999 on the common organisation of the market in wine (%) provides for a premium that may be granted in return for the permanent abandonment of vine-growing on a particular area. Article 8(5) of Commission Regulation (EC) No 1227/2000 of 31 May 2000 laying down detailed rules for the application of Council Regulation (EC) No 1493/1999 on the common organisation of the market in wine, as regards production potential (¥), lays down the maximum level of the () OJ L 349, 24.12.1998, p. 1. (® OJ L 349, 24.12.1998, p. 36. Regulation as last amended by Regu- lation (EC) No 1250/2004 (O] L 237, 8.7.2004, p. 13). () O] L 179, 14.7.1999, p. 1. Regulation as last amended by Commission Regulation (EC) No 1795/2003 (O] L 262, 14.10.2003, p. 13). () OJ L 143, 16.6.2000, p. 1. Regulation as last amended by Regu- lation (EC) No 1389/2004 (O] L 255, 31.7.2004, p. 7). premium per hectare. For reasons of administrative prac- ticability, the operative event for the exchange rate for the amount of that premium should fall at the beginning of the wine year. (4)  Article 11 of Regulation (EC) No 14931999 establishes a system for the restructuring and conversion of vineyards. For reasons of administrative practicability, the exchange rate applicable for the financial allocation provided for in Article 14 of that Regulation should be the one most recently fixed by the European Central Bank prior to 1 July preceding the financial year for which the financial allocations are fixed. (5)  Articles 27 and 28 of Regulation (EC) No 1493/1999 provide for buying-in prices to be paid to the producers and for the aid that the distiller may receive for the distillation of by-products of wine-making and distillation of wine from dual-purpose grapes, respectively. Taking into consideration the economic objectives of and the procedure for implementing the operations, the operative event for the exchange rate for those amounts should fall on the first day of the wine year concerned. (6)  Article 29 of Regulation (EC) No 1493/1999 provides for a minimum price to be paid to the producers and for aid that the distiller may receive for distillation designed to support the potable alcohol sector. Article 30 of that Regulation provides for a crisis distillation measure in an exceptional case of market disturbance caused by serious surpluses or problems of quality. For reasons of admi- nistrative practicability, the operative event for the exchange rate applicable in those cases should be monthly. (77 Commission Regulation (EC) No 1623/2000 of 25 July 2000 laying down detailed rules for implementing Regu- lation (EC) No 1493/1999 on the common organisation of the market in wine with regard to market mechanisms (°) provides for an aid to be paid to makers of fortified wine. As the amount of that aid is linked to the distillation measures in question, it is appropriate to use the same principle when determining the operative event. (®) OJ L 194, 31.7.2000, p. 45. Regulation as last amended by Regu- lation (EC) No 1774/2004 (O] L 316, 15.10.2004, p. 61).