27.12.90 Official Journal of the European Communities No L 362/31 COUNCIL REGULATION (EEC) No 3654/90. of. 11 December 1990 laying down géneral rules for the system of accession compensatory amounts. applicable to -cereals and rice during the second stage of the accession of Portugal THE COUNCIL OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, ' Having regard to the Act of Accession of Spain and Portugal, and in particular Article 234 (2) thereof, Having regard to the proposal from the Commission, Whereas Council Regulation (EEC) No 3653/90 laying down transitional provisions for the common organization of the market in cereals and rice in Portugal (1) provides for the price of common wheat and of rice in Portugal to be different from the common price; whereas, pursuant to Article 240 of the Act of Acession, these price differences are to be offset by a system of accession compensatory amounts; Whereas accession compensatory amounts are intended to prevent disturbances to trade resulting from price differences; whereas the application of compensatory amounts is therefore not required where such disturbances are unlikely to occur; Whereas, in the cereals and rice sector, the prices to be taken into consideration are the intervention prices; whereas, however, following the amendments to the intervention arrangements provided for in Council Regulation (EEC) No 2727/75 of 29 October 1975 on the common organization of the market in cereals (2), as last amended by Regulation (EEC) No 1340/90 (3), and in Council Regulation (EEC) No 1418/76 of 21 June 1976 on the common organization of the market in rice (%), as last amended by Regulation (EEC) No 1806/89 (%), buying-in is to be carried out at a level lower than the intervention price; whereas that level, which henceforth constitutes the actual guarantee to the producer, must accordingly serve as the basis for calculating the accession compensatory amounts; AY Whereas, in the case of products processed from cereals, the accession compensatory amounts must be calculated in (1) See page 28 of this Official Journal. () OJ No L 281, 1. 11. 1975, p. 1. (3) OJ No L 134, 28. 5. 1990, p. 1. () OJ No L 166, 25. 6. 1976, p. 1. (5) OJ No L 177, 24. 6. 1989, p. 1. accordance with Article 322 (2) of the Act of Accession as rectified (6); whereas the coefficients should be determined in accordance with the procedure laid down in Article 26 of Regulation (EEC) No 2727/75; Whereas a certain amount of deflection of trade and distortion of competition may, in particular, occur in the final period of price alignment and when common prices are applied throughout the Community; whereas it is therefore justified that measures intended to prevent such defiection and distortion should apply for such time as is necessary, HAS ADOPTED THIS REGULATION: Article 1 For the purposes of this Regulation: t — ‘accession compensatory amounts’ means compensatory amounts applicable to trade between: — Portugal and the other Member States, — Portugal and third countries. Article 2 1. For each marketing year the accession compensatory amount shall be: — for common wheat, equal to the difference between the buying-in price applicable in Portugal and the buying-in price applicable in the other Member States, — for paddy rice, equal to the difference between the buying-in price applicable in Portugal and the buying-in price applicable in the other Member States; this difference may be corrected in order to ensure comparability of the products taken into consideration, — for husked rice, that applicable to paddy rice converted by means of the conversion rate referred to in Article 1 of Commission Regulation No 467/67/EEC (7), (8) O] No L 116, 4. 5. 1988, p. 27. (7) O No L 204, 24.8.1967,p. 1.