Commission Regulation (EC) No 569/1999 of 16 March 1999 amending Regulation (EEC) No 1756/93 fixing the operative events for the agricultural conversion rate applicable to milk and milk products
Date: 1999-03-16
Institutions: European Commission
Subjects: award of contract, milk, milk product, representative rate

L 70/12

EN

Official Journal of the European Communities

17. 3. 1999

COMMISSION REGULATION (EC) No 569/1999

of 16 March 1999

amending Regulation (EEC) No 1756/93 fixing the operative events for the agri-
cultural conversion rate applicable to milk and milk products

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European
Community,

Having regard to Council Regulation (EC) No 2799/98 of
15 December 1998 establishing the agrimonetary arrange-
ments for the euro (1), and in particular Article 3 thereof,

Whereas Regulation (EC) No 2799/98 abolishes the agri-
cultural conversion rates; whereas Commission Regula-
tion (EEC) No 1756/93 (2), as last amended by Regulation
(EC) No 420/98 (3), fixes the operative events for the agri-
cultural conversion rate to be applied to all the amounts
fixed in ecus in the milk and milk products sector;
whereas the reference to the agricultural conversion rate
should therefore be replaced by a reference to the opera-
tive event;

Whereas the operative events for the aid referred to in
Article 16(3)(d) of Commission Regulation (EC) No 2571/
97 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 (4), as last amended by Regulation (EC) No 494/
1999 (5), are defined in points 4A (i), (ii) and (iii) of part
B.III of the Annex to Regulation (EEC) No 1756/93;
whereas the increase introduced by Commission Regula-
tion (EC) No 1061/98 (6) in the tendering security referred
to in Article 17(1) of Regulation (EC) No 2571/97 implies
that the economic aim is achieved at the moment of
tender and thus the dates mentioned above must be
replaced by the final date on which tenders for a partic-
ular invitation to tender are to be submitted;

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 1756/93 is amended as follows:

1. Article 1 is replaced by the following:

‘Article 1

1.
The operative event for the amounts fixed as part
of the measures to assist the private storage of milk and

(1) OJ L 349, 24. 12. 1998, p. 1.
(2) OJ L 161, 2. 7. 1993, p. 48.
(3) OJ L 52, 21. 2. 1998, p. 21.
(4) OJ L 350, 20. 12. 1997, p. 35.
(5) OJ L 59, 6. 3. 1999, p. 17.
(6) OJ L 152, 26. 5. 1998, p. 3.

milk products shall occur on the first day of storage
under contract.

The operative event for the securities shall be the

2.
lodgement of the security.

The operative event

3.
for the other prices and
amounts applicable in the milk and milk products
sector shall be the start of the days fixed in the Annex
to this Regulation'.

2. Article 2 is amended as follows:

(a) The second subparagraph of paragraph 1 is

replaced by the following:

‘Where the taking-over operation referred to in the
first indent of point (b) concerns more than one
batch, the operative event applicable to the first
batch shall continue to apply to the total quantity
of the transaction in question on condition that the
first batch represents 20 % or more of the said
total quantity'.

(b) The second subparagraph of paragraph 1 is

replaced by the following:

‘Where the total amount of the transaction in ques-
tion is paid in instalments, the operative event for
the first instalment shall continue to apply to the
total amount payable on condition that the first
instalment represents 20 % or more of the said
total amount'.

3. The Annex to Regulation (EEC) No 1756/93 is

amended as follows:

(a) In the heading of the third column the words
‘Agricultural conversion rate to be applied' are
replaced by ‘Day of the operative event'.

(b) In the third column,

the words

‘Agricultural

conversion rate applicable on' are deleted.

(c) Point 4 of part B.III of the Annex to Regulation
(EEC) No 1756/93 is replaced by the following:

17. 3. 1999

EN

Official Journal of the European Communities

L 70/13

Regulation
(EEC) No

‘4. 2571/97

Amounts concerned

Day of the operative event

A. Amount of aid accepted under the
tendering procedures referred to
in Article 16(3)(d)

B. Amount of aid reduction referred
to in the third subparagraph of
Article 22(4)

The final date for submitting tenders
for the particular tendering procedure

The first day of the month in which
the deadline in Article 11 expires'

This Regulation shall enter into force on the seventh day following its publication in the
Official Journal of the European Communities.

Article 2

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

Done at Brussels, 16 March 1999.

For the Commission

Franz FISCHLER

Member of the Commission