Commission Regulation (EC) No 207/2007 of 27 February 2007 determining the aid referred to in Council Regulation (EC) No 1255/1999 for the private storage of butter and cream and derogating from Regulation (EC) No 2771/1999
Date: 2007-02-27
Institutions: European Commission
Subjects: butter, cream, private stock, storage premium

28.2.2007

EN

Official Journal of the European Union

L 61/17

COMMISSION REGULATION (EC) No 207/2007

of 27 February 2007

determining the aid referred to in Council Regulation (EC) No 1255/1999 for the private storage of
butter and cream and derogating from Regulation (EC) No 2771/1999

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

(5)

The Management Committee for Milk and Milk Products
has not delivered an opinion within the time limit set by
its chairman,

Having regard to the Treaty
Community,

establishing the European

HAS ADOPTED THIS REGULATION:

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), and in particular Article 10 thereof,

Article 1

1.
The aid referred to in Article 6(3) of Regulation (EC) No
1255/1999 shall be calculated per tonne of butter or butter
equivalent for contracts concluded in 2007 on the basis of
the following elements:

— EUR 15,88 for fixed storage costs,

— EUR 0,30 for the costs of cold storage for each day of

contractual storage,

Article 34(2) of Commission Regulation (EC) No
2771/1999 of 16 December 1999 laying down
detailed rules for the application of Council Regulation
(EC) No 1255/1999 as regards intervention on the
the
market
amount of aid for private storage referred to in Article
6(3) of Regulation (EC) No 1255/1999 is to be fixed
each year.

in butter and cream (2)

stipulates

that

The third subparagraph of Article 6(3) of Regulation (EC)
No 1255/1999 specifies that the aid shall be fixed in the
light of storage costs and the likely trend in prices for
fresh butter and butter from stocks.

— an amount per day of contractual storage, calculated on the
basis of 90 % of the intervention price for butter in force on
the day the contractual storage begins and on the basis of
an annual interest rate of 3,75 %;

Regarding storage costs, notably the costs for entry and
exit of the products concerned, the daily costs for cold
storage and the financial costs of storage should be taken
into account.

The intervention agency shall register the date of receipt
2.
of the applications to conclude a contract as referred to in
Article 30(1) of Regulation (EC) No 2771/1999 as well as the
corresponding quantities and dates of manufacture and the
place at which the butter is stored.

Article 29(1) of Regulation (EC) No 2771/1999 stipulates
that the entry into storage must take place between 15
March and 15 August. The current situation on the
butter market justifies bringing the entry date for butter
and cream storage operations in 2007 forward to 1
March. Consequently a derogation from that Article
should be introduced.

3.
The Member States shall inform the Commission no later
than 12 noon (Brussels time) on each Tuesday of the quantities
covered during the preceding week by such applications.

Article 2

(1) OJ L 160, 26.6.1999, p. 48. Regulation as last amended by Regu-

lation (EC) No 1913/2005 (OJ L 307, 25.11.2005, p. 2).

(2) OJ L 333, 24.12.1999, p. 11. Regulation as last amended by Regu-

lation (EC) 1919/2006 (OJ L 380, 28.12.2006, p. 1).

By way of derogation from Article 29(1) of Regulation (EC) No
2771/1999, entry into storage in 2007 may take place from 1
March.

Whereas:

(1)

(2)

(3)

(4)

L 61/18

EN

Official Journal of the European Union

28.2.2007

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

Article 3

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

Done at Brussels, 27 February 2007.

For the Commission

Mariann FISCHER BOEL
Member of the Commission