29. 5. 92 Official Journal of the European Communities No L 148/19 COMMISSION REGULATION (EEC) No 1422/92 of 27 May 1992 reducing the basic price and buying-in price for peaches and nectarines for the 1992/93 marketing year following the overrun of the intervention threshold for 1991/92 THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, Having regard to Council Regulation (EEC) No 1035/72 of 18 May 1972 on the common organization of the market in fruit and vegetables (), as last amended by Regulation (EEC) No 1156/92(%), and in particular Article 16b (4) thereof, Whereas Commission Regulation (EEC) No 1182/91 (%) fixed the intervention thresholds for the 1991/92 marke- ting year at 269 700 tonnes for peaches and 62 400 tonnes for nectarines ; Whereas, pursuant to Article 16a (1) of Regulation (EEC) No 1035/72 and Atticle 2 (1) of Council Regulation (EEC) No 2240/88 of 19 July 1988 fixing, for peaches, lemons and oranges, the rules for applying Article 16b of Regula- tion (EEC) No 1035/72 (%), as last amended by Regulation (EEC) No 1623/91 (%), if, during a marketing year, inter- vention measures taken for peaches and nectarines involve quantities exceeding the intervention thresholds fixed for those products and for that marketing year, the basic and buying-in prices fixed for those products for the following marketing year are reduced by 1 % for each 23000 tonnes in the case of peaches and each 3000 tonnes in the case of nectarines by which those thre- sholds are exceeded ; Whereas, on the basis of information supplied by the Member States, the intervention measures taken by the Community for the 1991/92 marketing year related to 424 423 tonnes. for peaches and 79 610 tonnes for necta- rines; whereas the Commission therefore notes an overrun in the intervention thresholds fixed for that marketing year of 154 723 tonnes for peaches and 17 210 tonnes for nectarines; Whereas, consequently, the basic and buying-in prices for peaches and nectarines for the 1992/93 marketing year, as fixed by Council Regulation (EEC) No 1378/92 of 21 May 1992, fixing for the 1992/93 marketing year certain prices and other amounts in the fruit and vegetables sector (¥, must be reduced by 6 % for peaches and by 5 % for nectarines ; Whereas, pursuant to Article 18b (2) of Regulation (EEC) No 1035/72, withdrawals on the territory of the former German Democratic Republic before the end of the 1991/92 marketing year are not taken into consideration in assessing whether intervention thresholds have been exceeded ; Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Fruit and Vegetables, HAS ADOPTED THIS REGULATION : Article 1 The basic and buying-in prices for peaches and nectarines * for the 1992/93 marketing year, as fixed by Regulation . (EEC) No 1378/92, shall be reduced by 6 % for peaches and 5 % for nectarines and shall be as set out in the Annex. Article 2 This Regulation shall enter into force on 1 June 1992. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 27 May 1992. () OJ No L 118, 20. 5. 1972, p. 1. () OJ No L 122, 7. 5. 1992, p. 3. () OJ No L 115, 8. 5. 1991, p. 11. () OJ No L 198, 26. 7. 1988, p. 9. () OJ No L 150, 15. 6. 1991, p. 8. For the Commission Ray MAC SHARRY Member of the Commission (9 OJ No L 147, 29. 5. 1992, p. 7.