EN Official Journal of the European Communities 28. 2. 98 L 60/69
COMMISSION REGULATION (EC) No 490/98
of 27 February 1998
fixing the minimum selling prices for butter and the maximum aid for cream,
butter and concentrated butter for the fourth individual invitation to tenderunder the standing invitation to tender provided for in Regulation (EC) No
2571/97
THE COMMISSION OF THE EUROPEAN COMMUNITIES,
Having regard to the Treaty establishing the EuropeanCommunity,
Having regard to Council Regulation (EEC) No 804/68 of
27 June 1968 on the common organisation of the marketin milk and milk products (
1), as last amended by Regula-
tion (EC) No 1587/96 (2), and in particular Articles 6(3)
and 12(3) thereof,
Whereas the intervention agencies are, pursuant to
Commission Regulation (EC) No 2571/97 of 15December 1997 on the sale of butter at reduced pricesand the granting of aid for cream, butter and concen-trated butter for use in the manufacture of pastry prod-ucts, ice-cream and other foodstuffs (
3) to sell by invita-
tion to tender certain quantities of butter that they holdand to grant aid for cream, butter and concentratedbutter; whereas Article 18 of that Regulation stipulatesthat in the light of the tenders received in response toeach individual invitation to tender a minimum sellingprice shall be fixed for butter and maximum aid shall befixed for cream, butter and concentrated butter; whereasit is further stipulated that the price or aid may varyaccording to the intended use of the butter, its fat contentand the incorporation procedure, and that a decision mayalso be taken to make no award in response to the
tenders submitted; whereas the amount(s) of theprocessing securities must be fixed accordingly;
Whereas the measures provided for in this Regulation are
in accordance with the opinion of the ManagementCommittee for Milk and Milk Products,
HAS ADOPTED THIS REGULATION:
Article 1
The maximum aid and processing securities applying for
the fourth individual invitation to tender under thestanding invitation to tender provided for in Regulation(EC) No 2571/97 shall be fixed as indicated in the Annexhereto.
No award shall be made as regards the sale of butter from
intervention stocks.
Article 2
This Regulation shall enter into force on 28 February
1998.
This Regulation shall be binding in its entirety and directly applicable in all Member
States.
Done at Brussels, 27 February 1998.
For the Commission
Franz FISCHLER
Member of the Commission
(1) OJ L 148, 28. 6. 1968, p. 13.
(2) OJ L 206, 16. 8. 1996, p. 21.
(3) OJ L 350, 20. 12. 1997, p. 3.
EN Official Journal of the European Communities 28. 2. 98 L 60/70
ANNEX
to the Commission Regulation of 27 February 1998 fixing the minimum selling prices for butter
and the maximum aid for cream, butter and concentrated butter for the third individual invita-tion to tender under the standing invitation to tender provided for in Regulation (EC) No 2571/97
(ECU/100 kg)
Formula A B
Incorporation procedureWith
tracersWithout
tracersWith
tracersWithout
tracers
Minimum ButterUnaltered ¾ ¾ ¾¾
selling price A82 %Concentrated ¾ ¾ ¾ ¾
Unaltered ¾ ¾
Processing security
Concentrated ¾ ¾
ButterA82 % 117 113 ¾ 113
MaximumButter:82 % ¾ 108 ¾ ¾
aidConcentrated butter 144 140 144 140
Cream ¾ ¾ 50 48
Butter 129 ¾ ¾ ¾
Processing
securityConcentrated butter 158 ¾ 158 ¾
Cream ¾ ¾ 55 ¾