5.12.74 OfficialJournaloftheEuropeanCommunities NoL325/5
REGULATION (EEC)No3067/74OFTHECOMMISSION
of4December 1974
layingdowndetailedrulesfortheapplicationofthesystemofinterestsubsidies
onloansadvancedfortheretentionofyoungcattleonthefarm
2.Theinterestsubsidyshallbeequaltoanamount
representinginterestatanannualrateof8%.Loans
onwhichsuchsubsidyisgrantedmaynotexceed40
unitsofaccountperheadofeligibleyoungcattleand
thesubsidymaybegrantedinrespectofnotmore
than25suchanimals.
Article2
ForthepurposesofthisRegulationthefollowing
shallberegardedaseligibleyoungcattle:
(a)calvesasdefinedinAnnexIItoCommissionRegu­
lation(EEC)No320/73(b)of31January1973on
thedetermination ofpricesofcalvesandadult
bovineanimalsonrepresentative Community
markets,aslastamendedbyRegulation (EEC)No
646/74(7);
(b)youngbovineanimalsnotmorethan30months
oldandinrespectofwhichitcanbeprovedthat
inordertoreachnormalmarketingstandardsfor
cattleforslaughtertheyrequirefatteningfora
periodofnotlessthanthreemonths.THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulation (EEC)No
805/68(!)of27June1968onthecommonorganiza­
tionofthemarketinbeefandveal,aslastamended
byRegulation (EEC)No1855/74(2),andinparticular
Articles22a(3)and25thereof;
WhereasunderArticle4aofCouncilRegulation
(EEC)No1967/74(3)of23July1974introducing a
systemofpremiumsfortheorderlymarketingof
certainadultbovineanimalsforslaughter,aslast
amendedbyRegulation (EEC)No2803/74(4),certain
MemberStateswereauthorizedtograntinterest
subsidiesonloansadvancedfortheretentionofyoung
cattleonthefarm;
Whereasdetailedrulesshouldbelaiddownforthe
applicationofthissystemsoastoensurethatonly
producerswhoarelikelytoencounterdifficultiesin
retainingyoungcattlemayreceivesuchinterest
subsidy;whereastheamountwhichmaybegranted
andthecategoriesofyoungcattleeligibleshouldalso
bespecified;
Whereasprovisionshouldbemadeformeasures
whichenableittobeverifiedwhetherproducersare
complyingwiththeirundertakingsbutatthesame
timemakeallowanceforforcemajeure(5);whereas
theinformationsuppliedconcerningthemeasures
takenbytheMemberStatesandthenumberofyoung
cattleinrespectofwhichsubsidieshavebeengranted
willenabletheCommission toassesstheeffectsand
effectiveness ofthemeasure;
WhereasthemeasuresprovidedforinthisRegulation
areinaccordancewiththeOpinionoftheManage­
mentCommitteeforBeefandVeal,
HASADOPTED THISREGULATION :
Article1
1.MemberStateswhichavailthemselves ofthe
authorizationprovidedforinArticle4a(1)ofRegula­
tion(EEC)No1967/74shalldeterminethepersons
whoaretoreceiveaninterestsubsidy.Article3
Theinterestsubsidyshallbegrantedonloans
advancedonorafter7November1974andshallbe
inrespectofaperiodbeginningonthedayonwhich
theloanisgrantedandendingonthedayonwhich
therelevantanimalissoldoron30April1975,
whichever isthesooner.
Article4
1.Inadditiontotheundertakingprovidedforin
thesecondsubparagraph ofArticle4a(2)ofRegula­
tion(EEC)No1967/74,anapplicationforaninterest
subsidyshallincludethefollowing :
(a)particularsofthenumberofcalvesandunfattened
youngbovineanimalskeptonthedateonwhich
theapplicationislodgedinrespectofwhichan
interestsubsidyisrequested ;
(b)documentsestablishingthattheanimalsinques­
tionarepresentontheapplicant'sfarmand
enablingtheanimalstobeidentified .(')OJNoL148,28.6.1968,p.24.
(2)OJNoL195,18.7.1974,p.14.
(3)OJNoL206,27.7.1974,p.1.
(4)OJNoL300,8.11.1974,p.1.
(5)SeeJudgmentsoftheCourtofJusticeoftheEuropean
Communities Cases4/68(Recueil1968,p.549)and
11/70(Recueil1970,p.1125).(6)OJNoL36,8.2.1973,p.13.
(7)OJNoL78,23.3.1974,p.20.

NoL325/6 OfficialJournaloftheEuropeanCommunities 5.12.74
1967/74shallinformtheCommission forthwithof
themeasurestakenbythemthereunder .
SuchMemberStatesshallinrespectofeachweek
notifytheCommissionwithin15daysoftheendof
theweekinquestionofthenumberofcalvesand
unfattenedyoungbovineanimalsinrespectofwhich
aninterestsubsidyhasbeengranted.2.Theperiodformakingapplicationsforthe
interestsubsidyshallterminateon31January1975.
Article5
Exceptincasesofforcemajeure,iftheundertaking
providedforinthesecondsubparagraph ofArticle4a
(2)ofRegulation(EEC)No1967/74isnotcomplied
withinrespectofoneormoreanimalforwhichan
interestsubsidyhasbeengranted,stepsshallbetaken
immediatelytorecoverthecorresponding amountof
thesubsidy.
TheMemberStateconcerned shallinformthe
Commissionofeachcaseofforcemajeure.
Article6
MemberStateswhichavailthemselvesoftheauthoriza­
tionprovidedinArticle4aofRegulation (EEC)NoArticle7
ThisRegulationshallenterintoforceonthethirdday
followingitspublicationintheOfficialJournalof
theEuropeanCommunities .
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,4December1974.
FortheCommission
ThePresident
Francois-Xavier ORTOLI