Commission Regulation (EC) No 1124/98 of 29 May 1998 fixing the minimum selling prices for butter and the maximum aid for cream, butter and concentrated butter for the 10th individual invitation to tender under the standing invitation to tender provided for in Regulation (EC) No 2571/97
Date: 1998-05-29
Institutions: European Commission
Subjects: butter, confectionery product, cream, discount sale, farm price support, food processing

30. 5. 98

EN

Official Journal of the European Communities

L 157/79

COMMISSION REGULATION (EC) No 1124/98

of 29 May 1998

fixing the minimum selling prices for butter and the maximum aid for cream,
butter and concentrated butter for the 10th 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,
Whereas
to
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 concentrated
butter for use in the manufacture of pastry products,
ice-cream and other foodstuffs (3), as amended by Regula-
tion (EC) No 1061/98 (4), to sell by invitation 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 submitted; whereas
the amount(s) of the processing securities must be fixed
accordingly;

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 and the
minimum selling prices, applying for the 10th individual
invitation to tender under the standing invitation to
tender provided for in Regulation (EC) No 2571/97, shall
be fixed as indicated in the Annex hereto.

Article 2

This Regulation shall enter into force on 30 May 1998.

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

Done at Brussels, 29 May 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.
(4) OJ L 152, 26. 5. 1998, p. 3.

L 157/80

EN

Official Journal of the European Communities

30. 5. 98

ANNEX

to the Commission Regulation of 29 May 1998 fixing the minimum selling prices for butter and
the maximum aid for cream, butter and concentrated butter for the 10th individual invitation 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)

109

(cid:190)

134

(cid:190)

120

148

(cid:190)

120

(cid:190)

227

(cid:190)

105

100

130

(cid:190)

(cid:190)

(cid:190)

(cid:190)

(cid:190)

(cid:190)

(cid:190)

(cid:190)

(cid:190)

(cid:190)

134

46

(cid:190)

148

51

(cid:190)

(cid:190)

105

100

130

44

(cid:190)

(cid:190)

(cid:190)