Article 40U.K.Opening of the tendering procedure
1.The products taken over and available for sale shall be sold through a tendering procedure.
2.The tendering procedure shall be opened in accordance with the procedure referred to in Article 195(2) of Regulation (EC) No 1234/2007 by way of Regulation, hereinafter referred to as ‘Regulation opening the sale’.
The first closing date for submission of tenders shall be fixed not earlier than six days after the publication of the Regulation opening the sale.
3.Tendering procedures may be open for reselling products stored in one or several regions of the Community or the Member State.
4.The Regulation opening the sale shall contain, in particular, the following information:
(a)the products covered with, for cereals and rice, their relevant CN code, for rice, an indication of the type and variety and, for beef, the relevant description;
(b)the period covered (tendering period) and the different sub-periods during which the tenders can be submitted.
In addition, that Regulation may contain the following information:
(a)the global quantities covered by the tendering procedure;
(b)provisions concerning transport costs for cereals and rice, if applicable.
5.Tendering procedures may be restricted to specified uses and/or destinations, in particular for the processing of cereals into ethyl alcohol (bioethanol) to be used to produce fuels in the Community.