I •. 
y 
y.* COMMISSION OF THE EUROPEAN COMMUNITIES 
Brussels, 20.06.1996 
COM(96) 294 final 
Proposal for a 
COUNCIL REGULATION (EC) 
extending the 1995/96 milk year 
(presented by the Commission) 
is 
it 

EXPLANATORY MEMORANDUM 
Council Regulation (EEC) No 1539/95 fixes the target price for milk and the intervention 
prices for butter and skimmed-milk powder for the period from 1 July 1995 to 30 June 1996. 
In order to avoid any ambiguity and in the interest of consistency, the attached draft 
Regulation provides for the extension of the 1995/96 milk year until 30 June 1996. 
1 
COUNCIL REGULATION (EC) No 
of 
extending the 1995/96 milk year 
THE COUNCIL OF THE EUROPEAN UNION, 
Having regard to the Treaty establishing the European Community, 
Having regard to Council Regulation (EEC) No 804/68 of 27 June 1968 on the common 
organization of the market in milk and milk products1, and in particular Article 2 thereof, 
Having regard to the proposal from the Commission, 
Whereas the target price for milk and the intervention prices for butter and skimmed-milk 
powder were fixed by Regulation (EC) No 1539/95' for the period from 1 July 1995 to 
30 June 1996; whereas the 1995/96 milk year should therefore be extended until 
30 June 1996; whereas, in order to avoid any uncertainty, the measure should apply from 
1 April 1996, 
HAS ADOPTED THIS REGULATION 
Article 
The 1995/96 milk year shall end on 30 June 1996 and the 1996/97 milk year shall begin on 
1 July 1996. 
1 OJ No L 148, 28.6.1968, p. 13. Regulation last amended by Regulation (EC) 
No 293 1/95 (OJ No L 307, 20.12.1995, p. 10.). 
2 OJNo L 148, 30.6.1995, p. 19. 
3 
Article 2 
This Regulation shall enter into force on the day of its publication in the Official Journal of 
the European Communities. 
It shall apply from 1 April 1996. 
This Regulation shall be binding in its entirety and directly applicable in all Member States. 
Done at Brussels, For the Council 
The President 
4-
FINANCIAL STATEMENT 
BUDGET HEADING. B1-2069 APPROPRIATIONS: 
ECU 27 million 
TITLE: 
Council Regulation extending the 1995/96 milk year 
LEGAL BASIS: 
Article 2 of Regulation (EEC) No 804/68 
AIMS: 
To extend the milk year 
FINANCIAL IMPLICATIONS: PERIOD OF 12 
MONTHS 
(ECU million) CURRENT 
FINANCIAL 
YEAR 
(96) 
(ECU million) FOLLOWING 
FINANCIAL 
YEAR 
(ECU million) 
5.0. EXPENDITURE 
- CHARGED TO THE EC BUDGET 
(REFUNDS/INTERVENTION) 
- NATIONAL AUTHORITIES 
- OTHER +2 
5 1. REVENUE 
- OWN RESOURCES OF THE EC 
(LEVIES/CUSTOMS DUTIES) 
- NATIONAL 
1998 
5.0.1. ESTIMATED EXPENDITURE 
5.1.1. ESTIMATED REVENUE 1999 2000 2001 
5.2. METHOD OF CALCULATION: 
Aid to Portuguese producers (Regulation (EEC) No 739/93) 
450 000 t x ECU (15-10)/t = (A) ECU 2.25 million x 1.010 (DR) = (B) ECU 2.27 million 
6.1. 
6.2. 
6.3, CAN THE PROJECT BE FINANCED FROM APPROPRIATIONS ENTERED IN THE RELEVANT 
CHAPTER OF THE CURRENT BUDGET? 
CAN THE PROJECT BE FINANCED BY TRANSFER BETWEEN CHAPTERS OF THE CURRENT 
BUDGET? 
WILL A SUPPLEMENTARY BUDGET BE NECESSARY? 
WILL FUTURE BUDGET APPROPRIATIONS BE NECESSARY? YES/NO Ij 
¥fiS/NO j| 
YES/NO i 
ii OBSERVATIONS 
b 

/ ISSN 0254-1475 
COM(96) 294 final 
DOCUMENTS 
EN 03 
Catalogue number : CB-CO-96-301-EN-C 
ISBN 92-78-05688-X 
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L-2985 Luxembourg 
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