NoL277/36 OfficialJournaloftheEuropeanCommunities 12.10.74
REGULATION (EEC)No2602/74OFTHECOMMISSION
of10October1974
alteringthemonetarycompensatory amounts
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulation (EEC)No
974/71(')of12May1971oncertainmeasuresof
conjunctural policytobetakeninagriculture
followingthetemporarywideningofthemarginsof
fluctuation forthecurrencies ofcertainMember
States,aslastamendedbyRegulation (EEC)No
2497/74(2),andinparticularArticle3thereof;
Whereasthemonetarycompensatory amountsintro­
ducedbyRegulation (EEC)No974/71werefixedby
CommissionRegulation (EEC)No2547/74(3)of4
October1974;
WhereasunderArticle3ofRegulation (EEC)No
974/71,themonetarycompensatory amountsmustbe
alteredifthedifferencereferredtoinArticle2(1)of
thatRegulationchangesbyonepointormorefrom
thepercentagetakenasabasisfortheprecedingdeter­
mination;whereasthecompensatory amountsmust
bealteredinaccordancewiththechangeinthisdiffe­
rence;
WhereasdetailedrulesfortheapplicationofRegula­
tion(EEC)No974/71werelaiddownbyRegulation
(EEC)No1463/73(4)of30May1973,aslastamended
byRegulation .(EEC)No2521/74(5);whereasthespot
marketratesrecordedfortheItalianlirapursuantto
Regulation (EEC)No1463/73duringtheperiod2to
8October 1974showthatthedifferencehaschanged
bymorethanonepointfromthepercentagetakenasabasiswhenthemonetarycompensatory amounts
werelastfixed;
Whereas,however,inthespecificcaseofItaly,Article
4(2)ofthesaidRegulationmeansthattakinginto
accountthetrendofspotmarketratesnocompensa­
toryamountisfixedexceptforwineproducts;
whereasCouncilRegulation (EEC)No2958/73(6)of
31October1973,aslastamendedbyRegulation
(EEC)No1847/74(7),fixedanumberofrepresenta­
tiveconversionratesfortheItalianliratobeapplied
inagriculture ;whereas,forwine,theeffectsofthese
rateswillincertainmattersnotbefeltuntil16
December1974;whereastheactivatingpricesappli­
cableinItalyhaveconsequentlybeenfixedatalower
levelthanwouldresultfromtheuseoftheserepresen­
tativerates;whereasthisshouldbeborneinmindin
fixingthemonetarycompensatory amounts,
HASADOPTED THISREGULATION :
Article1
1.ColumnItalyofPart6ofAnnexItoRegulation
(EEC)No2547/74isreplacedbythecolumn
appearinginAnnexItothepresentRegulation .
2.AnnexIItoRegulation (EEC)No2547/74is
replacedbyAnnexIItothisRegulation .
Article2
ThisRegulationshallenterintoforceon14October
1974.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,10October1974.
FortheCommission
P.J.LARDINOIS
Men}heroftheCommission
(')OJNoL106,12.5.1971,p.1.
(-)OJNoL268,3.10.1974,p.5.
(-')OJNoL272,7.10.1974,p.1.
(4)OJNoL146,4.6.1973,p.1. (")OJNoL303,1.11.1973,p.1.
()OJNoL195,18.7.1974,p.1. (s)OJNoL270,5.10.1974,p.70.

12.10.74 OfficialJournaloftheEuropeanCommunities NoL277/37
ANNEX 1
PART6
WINE
Monetarycompensatory amounts
CCT
heading
NoDescriptionAmountstobegranted
onimports
andchargedonexports
Italy
Lit.
ex22.05CIandCII Tablewinewithanactualalcoholicstrengthofnotless
than8-5°andatotalalcoholicstrengthnotexceeding15"
aswellasimportedredandwhitewines—degrees/hi—
118
ex22.05CI TablewineoftheRIIItypewithinthemeaningofRegu­
lation(EEC)No945/70andredwinespresentedfor
importationunderthenamePortugieser—hi—
1884
ex22.05CI TablewineoftheAIIandAIIItypeswithinthemeaning
ofRegulation (EEC)No945/70andwhitewinespresented
forimportationunderthenameRieslingorSylvaner 2627
ANNEX 11
CoefficientsprovidedforinArticle4(3)ofRegulation (EEC)No1463/73
Italia(Wine)1-030
UnitedKingdom 1-061
Ireland 1-031
France 1-055