COMMISSION REGULATION (EC) No 490/98 of 27 February 1998 fixing the minimum selling prices for butter and the maximum aid for cream, butter and concentrated butter for the fourth individual invitation to tender under the standing invitation to tender provided for in Regulation (EC) No 2571/97
Date: 1998-02-27
Institutions: European Commission
Subjects: EU aid, award of contract, butter, cream, minimum price, sale

28. 2. 98

EN

Official Journal of the European Communities

L 60/69

COMMISSION REGULATION (EC) No 490/98

of 27 February 1998

fixing the minimum selling prices for butter and the maximum aid for cream,
butter and concentrated butter for the fourth individual invitation to tender
under the standing invitation to tender provided for in Regulation (EC) No
2571/97

the intervention agencies are, pursuant

THE COMMISSION OF THE EUROPEAN COMMUNITIES,
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 organisation of the market
in milk and milk products (1), as last amended by Regula-
tion (EC) No 1587/96 (2), and in particular Articles 6(3)
and 12(3) thereof,
to
Whereas
Commission Regulation (EC) No 2571/97 of 15
December 1997 on the sale of butter at reduced prices
and the granting of aid for cream, butter and concen-
trated butter for use in the manufacture of pastry prod-
ucts, ice-cream and other foodstuffs (3) to sell by invita-
tion to tender certain quantities of butter that they hold
and to grant aid for cream, butter and concentrated
butter; whereas Article 18 of that Regulation stipulates
that in the light of the tenders received in response to
each individual invitation to tender a minimum selling
price shall be fixed for butter and maximum aid shall be
fixed for cream, butter and concentrated butter; whereas
it is further stipulated that the price or aid may vary
according to the intended use of the butter, its fat content
and the incorporation procedure, and that a decision may

also be taken to make no award in response to the
tenders
the
processing securities must be fixed accordingly;

submitted; whereas

amount(s) of

the

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

The maximum aid and processing securities applying for
the
the fourth individual
standing invitation to tender provided for in Regulation
(EC) No 2571/97 shall be fixed as indicated in the Annex
hereto.

invitation to tender under

No award shall be made as regards the sale of butter from
intervention stocks.

Article 2

This Regulation shall enter into force on 28 February
1998.

This Regulation shall be binding in its entirety and directly applicable in all Member
States.

Done at Brussels, 27 February 1998.

For the Commission

Franz FISCHLER

Member of the Commission

(1) OJ L 148, 28. 6. 1968, p. 13.
(2) OJ L 206, 16. 8. 1996, p. 21.
(3) OJ L 350, 20. 12. 1997, p. 3.

L 60/70

EN

Official Journal of the European Communities

28. 2. 98

ANNEX

to the Commission Regulation of 27 February 1998 fixing the minimum selling prices for butter
and the maximum aid for cream, butter and concentrated butter for the third individual invita-
tion to tender under the standing invitation to tender provided for in Regulation (EC) No 2571/97

Formula

A

B

Incorporation procedure

With
tracers

Without
tracers

With
tracers

Without
tracers

(ECU/100 kg)

Butter
Minimum
selling price A 82 %

Processing security

Unaltered

Concentrated

Unaltered

Concentrated

Butter A 82 %

Butter : 82 %

Concentrated butter

Maximum
aid

Cream

Butter

Processing
security

Concentrated butter

Cream

(cid:190)

(cid:190)

(cid:190)

(cid:190)

117

(cid:190)

144

(cid:190)

129

158

(cid:190)

(cid:190)

(cid:190)

113

108

140

(cid:190)

(cid:190)

(cid:190)

(cid:190)

(cid:190)

(cid:190)

(cid:190)

(cid:190)

144

50

(cid:190)

158

55

(cid:190)

(cid:190)

(cid:190)

(cid:190)

113

(cid:190)

140

48

(cid:190)

(cid:190)

(cid:190)