28.2.75 OfficialJournaloftheEuropeanCommunities NoL52/17
REGULATION (EEC)No469/75OFTHECOUNCIL
of27February1975
fixingthetargetpriceformilkandtheinterventionpricesforbutter,skimmed-milk
powderandGranaPadanoandParmigianoReggianocheeseforthe1975/76milkyear
Whereastheinterventionpricesforbutterand
skimmed-milk powderareintendedtocontributeto
theachievementofthetargetpriceformilk;whereas
theirlevelshouldbedeterminedinthelightbothof
thegeneralsituationofsupplyanddemandonthe
Communitymilkmarketandofthepossibilitiesfor
disposalofbutterandskimmed-milk powderonthe
Communityandworldmarkets;
WhereastheinterventionpricesforGranaPadano
andParmigianoReggianocheesemustbefixedat
levelswhichwillgivemilkproducersinthoseareas
oftheCommunitywheresuchcheesesareproduced
andqualifytobearthedesignationoforigin,the
samelong-termsecurityasregardsmilkpricesto
producersasthatprovidedbytheintervention
measuresinrespectofskimmedmilkandbutter;
Whereasonlytheinterventionpriceforbutter
appliedbyIrelandandtheUnitedKingdomistobe
alignedinthe1975/76milkyearonthecommon
priceinaccordancewithArticle52(2)(a)ofthe
ActofAccession;whereastheeffectofthemodifi­
cationinpriceswouldbetodisrupttheprocess
oftheUnitedKingdom'sintegrationintheCom­
munity;whereas,therefore,itisadvisabletolimit
thealignmentoftheinterventionpriceforbutter
obtaininginthatMemberState,inaccordancewith
Article52(3)oftheaforesaidAct;
Whereas,inviewofthemarketsituation,itwould
seemappropriatetoincreasethetargetpriceformilk
intwostages;whereas,asaresult,thetargetprices
forbutterandGranaPadanoandParmigianoReg­
gianocheesewillalsohavetobeincreasedinstages;
Whereastheadvantagesresultingfromtheincrease
intheinterventionpricesshouldbeextendedto
buying-inoperationsintheframeworkofinter­
ventionscarriedoutbetween3Februaryand2March
1975inclusive,THECOUNCILOFTHEEUROPEAN
COMMUNITIES ,'
HavingregardtotheTreatyestablishingtheEuro­
peanEconomicCommunity,andinparticularArticle
43thereof;
HavingregardtoCouncilRegulation (EEC)No804/
68(1)of27June1968onthecommonorganization
ofthemarketinmilkandmilkproducts,aslast
amendedbyRegulation (EEC)No465/75(2),and
inparticularArticles3(4)and5(1)thereof;
HavingregardtotheproposalfromtheCommission ;
HavingregardtotheOpinionoftheEuropean
Parliament;
HavingregardtotheOpinionoftheEconomicand
SocialCommittee ;
Whereas,whenfixingthetargetpriceformilk,
accountshouldbetakenbothoftheobjectivesofthe
commonagriculturalpolicyandofthecontribution
whichtheCommunitydesirestomaketothe
harmoniousdevelopmentofworldtrade;whereas
theobjectivesofthecommonagriculturalpolicyare
inparticulartoensureareasonablestandardofliving
fortheagriculturalcommunity,toguaranteethat
suppliesareavailableandtoensuretheyreach
consumersatreasonableprices;
Whereas,therefore,accountshouldbetakenofthe
importanceofmilktotheCommunity'sagricultural
economyandconsequentlytofarmers'incomes;
whereas,moreover,theremustbeabalanced
relationshipbetweenthetargetpricesformilkand
thepriceofotheragriculturalproducts,inparticular
thatofbeefandveal,reflectingtheproposedorien­
tationofstock-breeding ;
Whereas,furthermore,whenfixingthetargetprice,
theCommunity'seffortstoestablishalong-term
balancebetweensupplyanddemandonthemilk
market,takingintoaccountexternaltradeinmilk
andmilkproducts,shouldbeborneinmind;HASADOPTEDTHISREGULATION :
Article1
Forthe1975/76milkyearthetargetpriceformilk
andtheinterventionpricesformilkproductsshall
beasfollows:OOJNoL148,28.6.1968,p.13.
(2)Seepage8ofthisOfficialJournal.

NoL52/18 OfficialJournaloftheEuropeanCommunities 28.2.75
unitsofaccountper100kgfrom
3March197S16September1975
14.92
184.14
134.19
194.63
88.70
195.85
230-83
250.0315.59
198.32
143.68
209-58
88.70
201.45
236.74
255-94(a)Targetpriceformilk
(b)Interventionprice:
—butter:
—inIreland
—intheUnitedKingdom
—intheotherMemberStates
—skimmed-milk powder
—GranaPadanocheese:
—ofanagefrom30to60days
—ofanageofatleastsixmonths
—ParmigianoReggianocheese:
ofanageofatleastsixmonths
Article2
Inthecaseofbuying-inoperationscarriedoutbytheinterventionbodiesbetween
3Februaryand2March1975inclusive,thesebodiesshallpaytosellers,inadditiontothe
buying-inpricefor1974/75,anamountequaltothedifference,expressedinthenational
currency,betweenthisbuying-inpriceandthatforthebeginningofthemarketingyear
1975/76.
ThecompensatoryamountsfixedinpursuanceofRegulation (EEC)No974/71('),shall
notbeaffectedbytheforegoingparagraph.
Article3
ThisRegulationshallenterintoforceon3March1975.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,27February1975.
FortheCouncil
ThePresident
M.A.CLINTON
(')OJNoL106,12.5.19/1,p.1.