Regulation (EEC) No 330/74 of the Council of 4 February 1974 amending certain Regulations on the financing of interventions by the Guarantee Section of the European Agricultural Guidance and Guarantee Fund
Date: 1974-02-04
Institutions: Council of the European Union
Subjects: EAGGF Guarantee Section, EU financing, agricultural market, market intervention













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31974R0330

Regulation (EEC) No 330/74 of the Council of 4 February 1974 amending certain Regulations on the financing of interventions by the Guarantee Section of the European Agricultural Guidance and Guarantee Fund  


Official Journal L 037 , 09/02/1974 P. 0005 - 0006 Greek special edition: Chapter 03 Volume 10 P. 0131  





 REGULATION ( EEC ) No 330/74 OF THE COUNCIL    of 4 February 1974    amending certain Regulations on the financing of   interventions by the Guarantee Section of the European   Agricultural Guidance and Guarantee Fund    THE COUNCIL OF THE EUROPEAN COMMUNITIES ,    Having regard to the Treaty establishing the European   Economic Community ,    Having regard to Council Regulation No 17/64/EEC ( 1 ) of   5 February 1964 on the conditions for granting aid from the   European Agricultural Guidance and Guarantee Fund , as last   amended by the Act of Accession ( 2 ) ;    Having regard to Council Regulation ( EEC ) No 729/70 ( 3 )   of 21 April 1970 on the financing of the common agricultural   policy , as last amended by Regulation ( EEC ) No 2788/72   ( 4 ) and in particular Article 3 ( 2 ) thereof ;    Having regard to the proposal from the Commission ;    Whereas recent intervention measures mean that , if the   total net expenditure on intervention is to be established   for each financial year , certain amendments must be made   to :    - Council Regulation ( EEC ) No 786/69 ( 5 ) of   22 April 1969 on the financing of intervention expenditure in   respect of the domestic market in oils and fats , as last   amended by Regulation ( EEC ) No 526/73 ( 6 ) ,    - Council Regulation ( EEC ) No 787/69 ( 7 ) of   22 April 1969 on the financing of intervention expenditure in   respect of the domestic market in cereals and rice , as   amended by Regulation ( EEC ) No 2092/70 ( 8 ) ,    - Council Regulation ( EEC ) No 788/69 ( 9 ) of   22 April 1969 on the financing of intervention expenditure in   respect of the domestic market in pigmeat , as amended by   Regulation ( EEC ) No 2092/70 ,    - Council Regulation ( EEC ) No 2334/69 ( 10 ) of   25 November 1969 on the financing of intervention expenditure   in respect of the domestic market in sugar , as amended by   Regulation ( EEC ) No 2092/70 ,    - Council Regulation ( EEC ) No 2305/70 ( 11 ) of   10 November 1970 on the financing of intervention expenditure   in respect of the domestic market in beef and veal ,    - Council Regulation ( EEC ) No 2306/70 ( 12 ) of   10 November 1970 on the financing of intervention expenditure   in respect of the domestic market in milk and milk products ,   and    - Council Regulation ( EEC ) No 1697/71 ( 13 ) of   26 July 1971 on the financing of intervention expenditure in   respect of raw tobacco ;    Whereas Council Regulation ( EEC ) No 2181/71 ( 14 ) fixed   the rules relating to the financing of intervention   expenditure in the wine sector ; whereas since then Article   6a of Council Regulation ( EEC ) No 816/70 ( 15 ) of   28 April 1970 , laying down additional provisions for the   common organization of the market in wine , as last amended   by Regulation ( EEC ) No 2592/73 ( 16 ) , introduced in 1972   aid for the re-storage of table wines , which involves   expenditure ; whereas this aid corresponds to intervention   for the purposes of Article 3 ( 1 ) of Regulation ( EEC ) No   729/70 ; whereas Regulation ( EEC ) No 2181/71 must therefore   be supplemented for the financial year 1972 ;    Whereas the Annex to Council Regulation ( EEC ) No 2824/72   ( 17 ) of 28 December 1972 laying down general rules for the   financing of interventions by the Guarantee Section of the   European Agricultural Guidance and Guarantee Fund , as last   amended by Regulation ( EEC ) No 3536/73 ( 18 ) , lists the   measures which shall be considered as interventions intended   to stabilize agricultural markets for the purposes of Article   3 ( 1 ) of Regulation ( EEC ) No 729/70 ; whereas there is   reason to add to this Annex ;    Whereas Article 2 ( 2 ) of Regulation ( EEC ) No 2824/72   provides that the Council shall before 1 August 1973   introduce general rules , to be applicable from 1 January   1974 , on the financing in their entirety of intervention   measures for which , within the framework of the common   organization of markets , no sum per unit has been   determined ; whereas , however , since these measures are   complicated and have only recently become applicable in the   new Member States , a further delay of one year is necessary   before those rules can be brought into operation ,    HAS ADOPTED THIS REGULATION :    Article 1    The following shall be substituted for Article 4 ( 4 ) of   Regulation ( EEC ) No 786/69 , Article 3 ( 4 ) of Regulation   ( EEC ) No 787/69 and Article 4 ( 4 ) of Regulation ( EEC )   No 788/69 and Article 3 ( 4 ) of Regulation ( EEC ) No   2334/69 :    " 4 . A final credit balance on the single account referred   to in paragraph 2 shall be deducted from expenditure for that   year . "    Article 2    The following shall be substituted for Article 2 ( 3 ) of   Regulation ( EEC ) No 2305/70 :    " 3 . A final credit balance on the account for a given   period shall be deducted from expenditure for that year . "    Article 3    The following shall be substituted for Article 3 ( 4 ) of   Regulation ( EEC ) No 2306/70 :    " 4 . A final credit balance on the final single account   for a given period shall be deducted from expenditure for   that year . "    Article 4    The following shall be substituted for Article 3 ( 2 ) of   Regulation ( EEC ) No 1697/71 :    " 2 . A final credit balance on the account for a given   year shall be deducted from expenditure for that year . "    Article 5    1 . The following shall be added to Article 1 ( 1 ) of   Regulation ( EEC ) No 2181/71 :    " ( d ) aid for the re-storage of table wines provided for   in Article 6a of Regulation ( EEC ) No 816/70 . "    2 . In Article 1 ( 2 ) of Regulation ( EEC ) No 2181/71 ,   " 6a " shall be added after " Articles 5 , 6 " .    Article 6    1 . The following shall be added to Section I ( " Cereals   and rice " ) of the Annex to Regulation ( EEC ) No 2824/72 :    " 9 . The special refunds for glucoses manufactured in   Denmark , provided for in the Commission Decision of   7 December 1973 . "    2 . The following shall be added to Section VIII   ( " Wine " ) of the Annex to Regulation ( EEC ) No 2824/72 :    " 4 . Aid for the re-storage of table wines provided for in   Article 6a of Regulation ( EEC ) No 816/70 .    5 . Aids for products similar to the wine product exported   under the label of " Cyprus Sherry " provided for in Article   4 of Regulation ( EEC ) No 1253/73 . "    Article 7    " 1 . August 1974 " shall be substituted for   " 1 August 1973 " , and " 1 January 1975 " shall be   substituted for " 1 January 1974 " in Article 2 ( 2 ) of   Regulation ( EEC ) No 2824/72 .    Article 8    This Regulation shall enter into force on the third day   following its publication in the Official Journal of the   European Communities .    Articles 1 to 4 shall apply for accounts to be drawn up at   31 December 1973 and for subsequent annual accounts .    Article 5 shall apply as from 1 August 1972 .    Article 6 shall apply as from 1 January 1973 .    Article 7 shall apply as from 1 January 1974 .    This Regulation shall be binding in its entirety and   directly applicable in all Member States .    Done at Brussels , 4 February 1974 .    For the Council    The President    W. SCHEEL    ( 1 ) OJ No 34 , 27 . 2 . 1964 , p. 586/64 .    ( 2 ) OJ No L 73 , 27 . 3 . 1972 , p. 14 .    ( 3 ) OJ No L 94 , 28 . 4 . 1970 , p. 13 .    ( 4 ) OJ No L 295 , 30 . 12 . 1972 , p. 1 .    ( 5 ) OJ No L 105 , 2 . 5 . 1969 , p. 1 .    ( 6 ) OJ No L 51 , 24 . 2 . 1973 , p. 1 .    ( 7 ) OJ No L 105 , 2 . 5 . 1969 , p. 4 .    ( 8 ) OJ No L 232 , 21 . 10 . 1970 , p. 3 .    ( 9 ) OJ No L 105 , 2 . 5 . 1969 , p. 7 .    ( 10 ) OJ No L 298 , 27 . 11 . 1969 , p. 1 .    ( 11 ) OJ No L 249 , 17 . 11 . 1970 , p. 1 .    ( 12 ) OJ No L 249 , 17 . 11 . 1970 , p. 4 .    ( 13 ) OJ No L 175 , 4 . 8 . 1971 , p. 8 .    ( 14 ) OJ No L 231 , 14 . 10 . 1971 , p. 3 .    ( 15 ) OJ No L 99 , 5 . 5 . 1970 , p. 1 .    ( 16 ) OJ No L 269 , 26 . 9 . 1973 , p. 1 .    ( 17 ) OJ No L 298 , 31 . 12 . 1972 , p. 5 .    ( 18 ) OJ No L 361 , 29 . 12 . 1973 , p. 2 .