9.10.76 OfficialJournaloftheEuropeanCommunities NoL279/1
I
(Actswhosepublicationisobligatory)
COUNCILREGULATION (EEC)No2452/76
of5October1976
onthetransfertotheItalianinterventionagencyofbutterheldbytheinterven­
tionagenciesofotherMemberStates
THECOUNCILOFTHEEUROPEAN
COMMUNITIES ,Whereastheprovisionscoveringtheaccountingside
ofthisoperationshouldbedeterminedinaccordance
withthearrangements laiddowninCouncilRegula­
tion(EEC)No2306/70of10November1970onthe
financingofinterventionexpenditureinrespectofthe
domesticmarketsinmilkandmilkproducts(5),aslast
amendedbyRegulation (EEC)No1844/76(6);
WhereassuchmeasuresimplythattheGuarantee
SectionoftheEuropeanAgriculturalGuidanceand
GuaranteeFundshouldbearthecostoftransport,
HASADOPTED THISREGULATION :
Article1HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulation (EEC)No
804/68of27June1968onthecommonorganization
ofthemarketinmilkandmilkproducts('),aslast
amendedbyRegulation (EEC)No.559/76(2),andin
particularArticle6(6)thereof,
HavingregardtoCouncilRegulation (EEC)No
729/70of21April1970onthefinancingofthe
commonagriculturalpolicy(3),aslastamendedby
Regulation (EEC)No2788/72(4),andinparticular
Article3(2)thereof,
HavingregardtotheproposalfromtheCommission ,
WhereastheCommunitymarketischaracterized by
largestocksofbutter;whereasthesestocksareheld
primarilybycertainMemberStates,whileItalyin
particularpossessesnosuchstocksbecauseofthe
particularnatureofitsmilkproduction ;
Whereas,inviewofthepresenteconomicsituationin
Italy,whichisdueinparticulartoaveryhighrateof
inflation,itseemsadvisabletomakeavailabletothe
Italianinterventionagencypartofthestocksofbutter
whichareavailableinintervention inotherMember
States;whereasthisbutterisintendedtobeplacedon
theItalianmarket,whichhasashortageinthis
product,inordertohelpstabilizeconsumerprices;
Whereasrulesshouldbelaiddownfortakingoverthe
butterandfortransferringresponsibility forit;1.Aquantityof10000metrictonsofbutterheld
bytheinterventionagenciesofotherMemberStates
shallbemadeavailabletotheItalianintervention
agencyforplacingontheItalianmarketbefore 1
April1977.
2.Thearrangements forapplyingthisRegulation
shallbeadoptedinaccordancewiththeprocedure
laiddowninArticle30ofRegulation (EEC)No
804/68.Thesearrangements shallestablishwhich
interventionagenciesaretomakethebutteravailable
andhowitistobetransported .
Article2
1.Theinterventionagenciesholdingtheproducts
referredtoinArticle 1shallenterthequantitiesof
buttertransferred asazerodebitintheaccount
referredtoinArticle3(2)(a)ofRegulation (EEC)No
2306/70.(')O)NoL148,28.6.1968,p.13.
(-')O")NoL67,15.3.1976,p.9.
(■')O")NoL94,28.4.1970,p.13.
H0"|NoL295,30.12.1972,p.I.(5)0|NoL249,17.11.1970,p.4.
(b)O")NoL204,30.7.1976,p.1.

NoL279/2 OfficialJournaloftheEuropeanCommunities 9.10.76
Article3 2.TheItalianinterventionagencyshallenterthe
quantitiesofbutterofwhichithastakendeliveryasa
zerocreditintheaccountreferredtoinparagraph 1.
3.Thecostsoftransportingthequantitiesofbutter
referredtoinArticle 1shallbeenteredi-ntheaccount
referredtoinArticle3(2)(a)ofRegulation (EEC)No
2306/70.ThisRegulationshallenterintoforceonthethirdday
followingitspublicationintheOfficialJournalof
theEuropeanCommunities .
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatLuxembourg ,5October1976.
FortheCouncil
ThePresident
A.P.L.M.M.vanderSTEE