EN Official Journal of the European Communities 17. 10. 98 L 281/23
COMMISSION REGULATION (EC) No 2240/98
of 16 October 1998
fixing the minimum selling prices for butter and the maximum aid for cream,
butter and concentrated butter for the 18th individual invitation to tender under
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 concentratedbutter for use in the manufacture of pastry products,ice-cream and other foodstuffs (
3), as last amended by
Regulation (EC) No 1982/98 (4), to sell by invitation to
tender certain quantities of butter that they hold and togrant aid for cream, butter and concentrated butter;whereas Article 18 of that Regulation stipulates that inthe light of the tenders received in response to eachindividual invitation to tender a minimum selling priceshall be fixed for butter and maximum aid shall be fixedfor cream, butter and concentrated butter; whereas it isfurther stipulated that the price or aid may vary accordingto the intended use of the butter, its fat content and the
incorporation procedure, and that a decision may also betaken to make no award in response to the tenderssubmitted; whereas the amount(s) of the processing secur-ities 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 and the
minimum selling prices, applying for the 18th individualinvitation to tender under the standing invitation totender provided for in Regulation (EC) No 2571/97, shallbe fixed as indicated in the Annex hereto.
Article 2
This Regulation shall enter into force on 17 October
1998.
This Regulation shall be binding in its entirety and directly applicable in all Member
States.
Done at Brussels, 16 October 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.
(4) OJ L 256, 18. 9. 1998, p. 9.
EN Official Journal of the European Communities 17. 10. 98 L 281/24
ANNEX
to the Commission Regulation of 16 October 1998 fixing the minimum selling prices for butter
and the maximum aid for cream, butter and concentrated butter for the 18th individual invitationto 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 — — — —
selling price ‡82 %Concentrated — — — —
Unaltered — — — —
Processing security
Concentrated — — — —
Butter ‡82 % 109 105 — 105
MaximumButter:82 % 104 100 104 —
aidConcentrated butter 134 130 134 130
Cream — — 46 44
Butter 120 — 120 —
Processing
securityConcentrated butter 148 — 148 —
Cream — — 51 —