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Commission Regulation (EEC) No 1494/86 of 16 May 1986 amending Regulation (EEC) No 685/69 on detailed rules of application for intervention of the market in butter and cream
Date: 1986-05-16
Institutions: European Commission
Subjects: butter, cream, interest, market intervention, storage cost













EUR-Lex - 31986R1494 - EN






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31986R1494

Commission Regulation (EEC) No 1494/86 of 16 May 1986 amending Regulation (EEC) No 685/69 on detailed rules of application for intervention of the market in butter and cream  


Official Journal L 131 , 17/05/1986 P. 0025 - 0025 Finnish special edition: Chapter 3 Volume 20 P. 0230  Swedish special edition: Chapter 3 Volume 20 P. 0230  





*****COMMISSION  REGULATION (EEC) No 1494/86  of 16 May 1986  amending Regulation (EEC) No 685/69 on detailed rules of application for intervention of the market in butter and cream  THE COMMISSION OF THE EUROPEAN COMMUNITIES,  Having regard to the Treaty establishing the European Economic 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 products (1), as last amended by Regulation (EEC) No 1335/86 (2), and in particular Article 6 (7) thereof,  Whereas Article 6 (2) of Commission Regulation (EEC) No 685/69 (3), as last amended by Regulation (EEC) No 2576/85 (4), fixes the interest rate used to calculate finance costs and Article 24 (3) the various storage-cost components; whereas the interest rates laid down in those Articles should be adjusted in the light of the trend of real interest rates recorded in the Member States;  Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Milk and Milk Products,  HAS ADOPTED THIS REGULATION:  Article 1  Regulation (EEC) No 685/69 is hereby amended as follows:  1. In Article 6 (2) (c), '10,5 %' is replaced by '9,5 %'.  2. In Article 24 (3) (c), '10,5 %' and 7,5 %' are replaced by '9,5 %' and '6,5 %' respectively.  Article 2  This Regulation shall enter into force on the day of its publication in the Official Journal of the European Communities  This Regulation shall be binding in its entirety and directly applicable in all Member States.  Done at Brussels, 16 May 1986  For the Commission  Frans ANDRIESSEN  Vice-President  (1) OJ No L 148, 28. 6. 1968, p. 13.  (2) OJ No L 119, 8. 5. 1986, p. 19.  (3) OJ No L 90, 14. 4. 1969, p. 12.  (4) OJ No L 246, 13. 9. 1985, p. 19.