No L 179/104 Official Journal of the European Communities 1. 7. 92 COMMISSION REGULATION (EEC) No 1728/92 of 30 June 1992 laying down detailed rules for implementation of the specific arrangements for the supply of cereal products to the Canary Islands and establishing the forecast supply balance THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, Having regard to Council Regulation (EEC) No 1601/92 of 15 June 1992 introducing specific measures in respect of certain agricultural products for the benefit of the Canary Islands ('), and in particular Article 3 (4) thereof, Whereas Commission Regulation (EEC) No 1695/92 (3 lays down common detailed rules for implementation of the specific arrangements for the supply of certain agri- cultural products to the Canary Islands; Whereas Commission Regulation (EEC) No 3719/88 (%), as last amended by Regulation (EEC) No 92/91 (%), lays down in particular detailed rules for import licences ; whereas Commission Regulation (EEC) No 891/89 (%), as last amended by Regulation (EEC) No 337/92 (%), lays down additional and exceptional detailed rules specific to the cereals sector; Whereas, in order to take account of trade practices specific to the cereals sector, provision should be made for detailed rules supplementing or derogating from the provisions of Regulation (EEC) No 1695/92; Whereas, pursuant to Article 2 of Regulation (EEC) No 1601/92, the forecast supply balance for cereal products for the Canary Islands should be drawn up; whereas the balance must allow for interchange of the quantities determined for certain products and, if neces- sary, adjustment during the year of the overall quantity determined, in line with regional requirements; ‘Whereas provision should be made for the Member State to designate the competent authority for issuing import licences and aid certificates, and for handling aid applica- tions and payments ; ’ Whereas a timetable for submitting licence and certificate applications should be set, and also admissibility require- ments for applications, in particular as regards the lodging of securities ; whereas, in addition, the period of validity of import licences and aid certificates should be fixed in () OJ No L 173, 27. 6. 1992, p. 13. (?) See page 1 of this Official Journal. () OJ No L 331, 2. 12. 1988, p. 1. (9 O] No L 11, 16. 1. 1991, p. 11. ) O] No L 94, 7. 4. 1989, p. 13. (9 OJ No L 36, 13. 2. 1992, p. 15. accordance with supply needs and the requirements of sound administration by granting, in view of the situation of the Canary Islands, a longer period of validity for aid certificates ; . Whereas provision should be made for the adjustment of the aid granted for the supply of cereal products origina- ting in the Community on the basis of the difference in the threshold price of the product in question between the month of application for aid certificates and the month in which the certificates are used, in order to prevent, before the harvest, supply commitments which benefit from aid for the new marketing year, and to take account of practices in the cereals sector; Whereas, to ensure the sound administration of the supply arrangements, additional requirements should be laid down for the release of the security; 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 1. Pursuant to Article 2 of Regulation (EEC) No 1601/92 the forecast supply balance quantities eligible for exemption from duties on imports from third coun- tries or for Community aid shall be as specified in the Annex. 2. Without prejudice to any adjustment of the balance during the course of the year, the respective quantities fixed for one or other of the cereals in question may be exceeded by a maximum of 20 % provided the overall quantity is adhered to. Article 2 The Member State shall designate the competent authority for: (a) issuing import licences; (b) issuing the aid certificate provided for in Article 4 (1) of Regulation (EEC) No 1695/92; (c) payment of the aid to the operators concerned.