ARCHIVESHISTORIQUES
DELACOMMISSION
COLLECTION RELIEEDES
DOCUMENTS "COM"
COM(74)1006
Vol.1974/0167

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COMMISSION OBTHEBUROE2AN CGMMUMÏIES
COM(74)1006 final
Brussels,25June1974
Amendingofthe
Proposalfora
REGULATION (EEC)OFTHECOUNCIL
amendingRegulation(EEC)Ho2958/73onthe
exchangerateappliedii.agriculturefortheItalianlira
(AmendmentpresentedbytheCommissionto
theCouncilpursuanttoArticle149,second
paragraph,oftheEECTreaty)
CŒ1(74)1006final

VI/2330/74-E
EXFLANATORY IMTORANDUIÏ
Atitsmeetingon17and18June1974theCouncilagreedthat,in
respectofpigmeat,Italyshouldeffectnowthe"adjustment"inprices
vrhichunderArticle4bofRegulation(EEC)No974/71(insertedby
Regulation(EEC)No3450/73OJNoL353,21.12.1973,p.25)shouldtake
placeon1November1974,"thebeginningofthemarketingyear.
Provisionsshouldthereforebeadoptedbywayofderogationfromthe
saidArticle4b.Itwouldbeappropriatetodothisbymakingan
amendment,underArticle149(2)oftheIteaty,totheproposal
foraRegulationconcerning ,interalia,theamendmentofRegulation
(EEC)No2953/73ontheexchangerateappliedinAgricultureforthe
Italianlira.

VI/2330/74-E
-2-
1.To"beaddedafterthelastrecital:
Whereas,asregardspigmeat,Article2ofRegulation(ESC)No1424/74provides
thatthepurchasepriceapplicableinItalyistoheincreased "by12»5percent
untilthebeginningofthe1974/75marketingyearandthatArticle4bof
CouncilRegulation(EEC)Ho974/71of12Kay1971oncertainmeasures
ofconjunctural policytobetakeninagriculturefollowingthetemporary
wideningofthemarginsoffluctuationforthecurrenciesofcertain
MemberStates,aslastamendedbyRegulation(EEC)No3450/73isto
beappliedsubjecttosuchprovision;whereastheItalianpurchaseprice
isconsequently 3.18$beloxfthepriceresultingfromtheuseofthenow
conversionrate;
WhereasaneedforimportsisaconstantfeatureoftheItalianpigmeat
market;whereas,inviewofthebalanceofpaymentsdifficulties currently
facingItaly,homeproductionshouldbestimulatedasmuchaspossible;
ivhereasforthispurposethepriceincreaseoriginallyplannedforthe
beginningofthe1974/75marketingyearshouldbobroughtinnow,which
willmeanthattheprovisionsof.Articb4bofRegulation(EEC)No974/71
willnolongerapplyinrespectofpigmeat.
(1)01KoL106,12.5.1971,3.1
(2)OJNoL353,22.12.1973,p.25

VI/2330/74-E
-3-
ThefollowingArticletobeadded,andthepresentArticle2to
beoomeArticle3:
Article2
1.InthesecondsubparagraphofArticle2(l)ofRegulation(EEC)
No1424/74thewords"exceptforthedurumwheatandoliveoil
subsidies"arereplacedbythewords"exceptasregardspignoat
andthedurumwheatandoliveoilsubsidies".
2.ThefollowingsubparagraphisaddedtoArtiolo2(2)ofRegulation
(EEC)No1424/74:
"witheffectfrom1July1974,theprovisionsofArticle4b
ofRegulation(EEC)NO974/71shallceasetoapplyinrespect
ofpigneat".