Commission Regulation (EC) No 2967/95 of 19 December 1995 fixing the standard values to be used in calculating the financial compensation and the advance pertaining thereto in respect of fishery products withdrawn from the market during the 1996 fishing year (Text with EEA relevance)
Date: 1995-12-19
Institutions: European Commission
Subjects: financial equalisation, fishery resources, producer organisation, production aid, withdrawal from the market, withdrawal price













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31995R2967

Commission Regulation (EC) No 2967/95 of 19 December 1995 fixing the standard values to be used in calculating the financial compensation and the advance pertaining thereto in respect of fishery products withdrawn from the market during the 1996 fishing year (Text with EEA relevance)  


Official Journal L 310 , 22/12/1995 P. 0018 - 0019 





COMMISSION REGULATION (EC) No 2967/95 of 19 December 1995 fixing the standard  values to be used in calculating the financial compensation and the advance pertaining thereto in  respect of fishery products withdrawn from the market during the 1996 fishing year (Text with EEA  relevance)THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Community, Having regard to Council Regulation (EEC) No 3759/92 of 17 December 1992 on the common organization  of the market in fishery and aquaculture products  (1), as last amended by Regulation (EC) No  3318/94  (2), and in particular Article 12 (6) thereof, Whereas Article 12 of Regulation (EEC) No 3759/92 provides for the payment of financial  compensation to producers' organizations which intervene, on certain conditions, in respect of the  products listed in Annex I (A) and (D) to that Regulation; whereas the amount of such financial  compensation must be reduced by standard values in the case of products intended for purposes other  than human consumption; Whereas Commission Regulation (EEC) No 1501/83  (3) specifies the ways in which the products  withdrawn must be disposed of; whereas the value of such products must be fixed at a standard level  for each of these modes of disposal, taking into account the average receipts which may be obtained  from such disposal; Whereas, on the basis of the relevant information on this value, it should be fixed for the 1996  fishing year as shown in the Annex hereto; Whereas, pursuant to Article 7 of Commission Regulation (EEC) No 3902/92  (4), as last amended by  Regulation (EC) No 1338/95  (5), the body responsible for payment of the financial compensation is  that of the Member State in which the producers' organization was recognized; whereas the standard  value deductible should therefore be the value applied in that Member State; Whereas the abovementioned provisions are equally applicable to the advance on the financial  compensation provided for in Article 6 (1) of Regulation (EEC) No 3902/92; Whereas the measures provided for in this Regulation are in accordance with the opinion of the  Management Committee for Fishery Products, HAS ADOPTED THIS REGULATION: Article 1 The standard values to be used in calculating the financial  compensation and the advance pertaining thereto in respect of products withdrawn by producers'  organizations and used for purposes other than human consumption shall be for the 1996 fishing year  as shown in the Annex hereto for each of the uses indicated therein. Article 2 The standard value to be deducted from the financial compensation and the advance  pertaining thereto shall be that applied in the Member State in which the producers' organization  was recognized. Article 3 This Regulation shall enter into force on 1 January 1996. This Regulation shall be binding in its entirety and directly applicable in all  Member States. Done at Brussels, 19 December 1995. For the Commission Emma BONINO Member of the Commission ANNEX >TABLE>