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DOCUMENTS "COM"
COM(74)1828
Vol.1974/0288

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COMMISSION OFTHBEUROfEAN COMMUMTEHS
COM(74)1823 final
Brussels ,6November 1974
PROPOSAL POP .ACOUNCIL REGULATION
amending Regulation (EEC)"No1967/74soastoauthorize Member States
togrant asubsidy inrespect ofthefinancing
ofexpenditure arising outoftheretention ofyoung cattle onagricultural holdings
(submitted totheCouncil bytheCommission )
COM(74 )1823 final

PROPOSAL FORACOTMCIL REGULATION
amending Regulation (EEC)NO1967 /74SOastoauthorize Member States to
grant asubsidy inrespect ofthefinancing ofexpenditure arising outofthe
retention ofyoung cattle onagricultural holdings .
TIIECOUNCIL OPTHEEUROPEAN COlEttJNITIES ,
Having regard totheTreaty establishing theEuropean Economic Community ;
Having regard toCouncil Regulation (EEC)ITO805/68^of27June1968on
thecommon organization ofthemarket inbeef andveal ,aslast amended by
Regulation (EEC)No1855/74 »andinparticular article 22(a)(2 )thereof ;
Having regard totheproposal from theCommission ;
Whereas Regulation (EEC)No1967/7^^of23July1974 ,asamended by
Regulation (EEC)No2502/74^,introduced asystem ofpremiums fortheorderly -
marketing ofadult bovine animals forslaughter ;whereas entitlement tothis
premium ,which isintended toencourage producers toretain their animals for
anadditional period oftime before slaughter ,does notaccrue until thetime
ofslaughter ;
Whereas asaresult ofhigh costs ,particularly inrespect offeedstuffs andof
finance ,small producers inparticular could have difficulties indelaying
marketing andconsequently inbenefiting from this premium ;whereas itseems
appropriate therefore toprovide forthegranting within theframework ofthe
present system ofsubsidies designed tofacilitate achievement oftheaims of
Regulation (EEC)No1967/74?
Whereas thesystem ofretention premiums forlive cattle ,asestablished by
Article 2ofRegulation (ESC)NO2502/74,does notraise these problems ;
whereas itwould therefore appear unnecessary toprovide forthegranting of
subsidies asaforesaid intheareas where that system isapplied ;
Whereas themeasure provided forinthis Regulation must nothowever increase the
financial charge upon theCommunity aslaid down byCouncil Regulation (EEC)
No2504/74^of2October 1974onthefinancing ofthesystem ofpremiums for
theorderly marketing ofcertain adult bovine animals forslaughter andforthe
rétention ofcattle ; /•/•
TiTÔJNoL148of28.6 .19687 p.24
(2)0JNoL195of18.7.1974 ,P.14
(3)0JNoL206of27.7.1974 ,P.1
(4)0JNoL268of3.10.1974 ,p.12
(5)0JNoL269of4.10.1974 ,p.1

HASADOPTEDTHISREGULATION :
Article1
Regulation(EEC)No1967/74isamendedbytheadditionofanArticle4aas
follows:
Article4a '
MemberStateswhichgrantpremiumsinpursuanceofthepowersprovidedin
Article1thataxelowerthantheamountsspecifiedinArticle2areauth6rir
subjectasprovidedbelowtogrant,outofnationalfundsanduptoanamour;>
notexoeedingtheamountthussavedinrespectofpremiums,aninterest
subsidyinrespectof.loansaccordedforthepurposeofretainingyoungcattl
ontheholding. '
Thesubsidymaynotbegrantedformorethan25youngcattleinrespectof
anyoneholding.Subsidiesshallbegrantedonlyonapplication bythepro«
duceraccompaniedatleastbyanundertaking fromhimthattheyoungcattle
forwhichthesubsidyisrequestedwillberetainedforaperiodofatleast
threemonthsfromthedateoftheapplication ontheholdingmanagedbyhim
atsuchdate.
Article2
ThisRegulationshallenterintoforceonthedayfollowingitspublication
intheOfficialJournaloftheEuropeanCommunities.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicablein
allMemberStates.
DoneatBrussels,
FortheCouncil