Commission Regulation (EC) No 1246/2003 of 11 July 2003 fixing the minimum selling prices for butter and the maximum aid for cream, butter and concentrated butter for the 123rd individual invitation to tender under the standing invitation to tender provided for in Regulation (EC) No 2571/97
Date: 2003-07-11
Institutions: European Commission
Subjects: aid to agriculture, award of contract, butter, cream, market intervention, selling price

L 174/4

EN

Official Journal of the European Union

12.7.2003

COMMISSION REGULATION (EC) No 1246/2003

of 11 July 2003

fixing the minimum selling prices for butter and the maximum aid for cream, butter and concen-
trated butter for the 123rd individual invitation to tender under the standing invitation to tender
provided for in Regulation (EC) No 2571/97

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European
Community,

Having regard to Council Regulation (EC) No 1255/1999 of 17
May 1999 on the common organisation of the market in milk
and milk products (1), as last amended by Regulation (EC) No
806/2003 (2), and in particular Article 10 thereof,

Whereas:

(1)

The intervention agencies are, pursuant 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 last amended by Regulation (EC) No
635/2000 (4), to sell by invitation to tender certain quan-
tities of butter that they hold and to grant aid for cream,
butter and concentrated butter. Article 18 of that Regu-
lation 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. 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. The amount(s) of
the processing securities must be fixed accordingly.

(2)

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 minimum selling prices and the maximum aid and proces-
sing securities applying for the 123rd 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 12 July 2003.

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

Done at Brussels, 11 July 2003.

For the Commission

Franz FISCHLER

Member of the Commission

(1) OJ L 160, 26.6.1999, p. 48.
(2) OJ L 122, 16.5.2003, p. 1.
(3) OJ L 350, 20.12.1997, p. 3.
(4) OJ L 76, 25.3.2000, p. 9.

12.7.2003

EN

Official Journal of the European Union

L 174/5

ANNEX

to the Commission Regulation of 11 July 2003 fixing the minimum selling prices for butter and the maximum
aid for cream, butter and concentrated butter for the 123rd 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

(EUR/100 kg)

Minimum
selling price

Butter
≥ 82 %

Processing security

Unaltered

Concentrated

Unaltered

Concentrated

Butter ≥ 82 %

Butter < 82 %

Concentrated butter

Maximum
aid

Cream

Butter

Processing
security

Concentrated butter

Cream

—

—

—

—

85

83

105

—

94

116

—

—

—

—

—

81

79

101

—

—

—

—

—

—

—

—

—

—

105

36

—

116

40

—

—

—

—

81

79

101

34

—

—

—