ARCHIVESHISTORIQUES
DELACOMMISSION
COLLECTION RELIEEDES
DOCUMENTS "COM"
COM(75)665
Vol.1975/0245

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COMMISSION OFTHEEUROPEAN COMMUNITIES
COM(75)665final.
Brussels,15December1575
i ■, j
Proposalfora
COUNCILREGULATION(ESC)
amendingRegulation(EEC)No2824/72layingdowmgeneralrulesfor
thefinanein/jofinterventions bytheGuaranteeSectionoftheEuropean
Agricultural GuidanceandGuaranteeFund
■/
i
(submittedtotheCouncil "bytheCommission) :
C0I.I(75)665final

EXPLANATORY IffiMGRANDUM
1.Article3(2)ofCouncilRegulation(EEC)No729/70onthefinancingof
.commonagricultural policyprovidesthattheCouncilshalllaydowngeneral
rulesforfinancinginterventions necessaryforstabilizingagricultural markets.
TheCounciladoptedRegulation(EEC)2824/72layingdowngeneralrulesforthe
financingofinterventions "bytheGuaranteeSectionoftheEAGGF.That
Regulationprovidesgeneralrulesforfinancinginterventions forwhichanamount
hasbeenfixedunderthemarketorganization .Ontheotherhand,forinterven­
tionsinvolvingbuying'-inoperations,storageorsales'forwhichnosuchamounts
havebeenfixed,theRegulationprovidesthattheCouncilshouldlaydowngeneral
rulesbefore1August1575andwhichwillbeapplicablefrom1January1976.It
isforthisreasonthatatpresentthefinancingofthiscategoryofinterventions
isstillgovernedbytransitional provisionsbasedoncertainflat-ratemeasures.
2.During1975"theCommission,incooperationwiththeKemberStates,madeimprove­
mentstotheimplementing provisionsunderthepresentregulations ,andcontinued
detailedexaminationoftheproblemsarisinginconnectionwiththis.
However,sincetheestablishment ofsuchgeneralrulesinvolvesnumeroustechni­
calproblems,andinviewofpossiblechangesinthecommonagriculturalpolicy,
conditionsdonotatpresentappearfavourablefortakinganewstepforwardwith
regardtofinancingtheseinterventions .Itisforthisreasonthatitispropo­
sedtoprolongforafurthertttfoyearsthepresentrulesonfinancing.

COUNCIL REGULATION (EEC)No
of 1975/15
.amending Regulation (EEC)No2824/72laying dovm general rules for
thefinancing ofinterventions bytheGuarantee Section oftheEuropean
Agricultural Guidance andGuarantee Fund
THECOUNCIL OPTIEEUROPEAN CCESHUNITIES ,
Having regard totheTreaty establishing theEuropean Economic Community ;
Having regard toCouncil Regulation (EEC)No729/70 of21April 1970 onthe
financing ofthecommon agricultural policy ,aslast amended byRegulation (EEC)
No2788/72^andinparticular Article 3(2)thereof j
Having regard totheproposal from theCommission ;
Vfnereas Article 2(2)ofCouncil Regulation (EEC)No2824/72^,of28April 1972 ,
laying down general rules forthefinancing ofinterventions bytheGuarantee
Section oftheEuropean Agricultural Guidance andGuarantee Fund ,aslast
amended byRegulation (EEC)No1175/75 provides that theCouncil ,acting
byqualified majority onaproposal from theCommission ,shall before 1August 1575
introduce general rules ,tobeapplicable from 1January 1576 ,onthefinancing in
their entirety ofintervention measures forwhich ,within the framework ofthe
common organization ofmarkets ,.nosumperunit hasbeen determined ";
Whereas ,inview ofpossible changes which maybemade tothecommon agricultural
policy andthetechnical difficulties encountered ,thetime limits provided for
under thesaid Article 2(2)should beextended ;
HAS ADOPTED THIS REGULATION :
(1)CJNoL54,28..4.1970 ,p.13.
(2)OJNoL295 ,30.12.1972 ,p.1.
(3)QINoL258 ,31.12.1972 ,p. 5.
(4)QJNoL177 ,7.5.1975 ,p. 8.

-2-
Article 1
Inarticle 2(2)ofRegulation (EEC )No2824/72,for "1August
1975 "read "1August 1977 ",andfor "1January 1976 "read
"1January 1978 ". .
)
Article 2
This Regulation shall enter into force on1January 1976 .
This Regulation shall bebinding inits entirety and directly
applicable mallMember States .
Done atBrussels , For the Council
The President