FLUCTUATION FOR THE CURRENCIES OF CERTAIN MEMBER STATES ( 5 ), AS LAST AMENDED BY REGULATION ( EEC ) NO 987/79 ( 6 ), AND IN PARTICULAR ARTICLE 6 THEREOF ,
HAVING REGARD TO COUNCIL REGULATION ( EEC ) NO 878/77 OF 26 APRIL 1977 ON THE EXCHANGE RATES TO BE APPLIED IN AGRICULTURE ( 7 ), AS LAST AMENDED BY REGULATION ( EEC ) NO 2835/79 ( 8 ), AND IN PARTICULAR ARTICLE 4 ( 3 ) THEREOF ,
WHEREAS THE COMMUNITY CURRENTLY HAS LARGE QUANTITIES OF BUTTER IN PUBLIC STORAGE ; WHEREAS TO THE EXTENT THAT OUTLETS ARE AVAILABLE , STEPS SHOULD BE TAKEN TO SELL THAT BUTTER ;
WHEREAS CERTAIN QUANTITIES ARE SUITABLE FOR SALE FOR EXPORT TO CERTAIN NON-MEMBER COUNTRIES ; WHEREAS EXPORTERS SHOULD BE PERMITTED TO OBTAIN SUPPLIES FROM INTERVENTION AGENCIES ;
WHEREAS IN ORDER TO DETERMINE THE SELLING PRICE IN LINE WITH MARKET PRICES , TO KEEP A CHECK ON THE QUANTITIES SOLD AND TO ENSURE EQUAL ACCESS FOR ALL CONCERNED , THE BUTTER IN QUESTION SHOULD BE SOLD IN ACCORDANCE WITH A STANDING INVITATION TO TENDER PROCEDURE ;
WHEREAS , TO SIMPLIFY ADMINISTRATION , EXPORT REFUNDS SHOULD NOT BE GRANTED ON BUTTER EXPORTED UNDER THIS REGULATION , BUT AN APPROPRIATE REDUCTION MADE IN THE SELLING PRICE ;
WHEREAS , TO ENSURE THAT THE BUTTER REACHES ITS DESTINATION , SUPERVISION MUST BE EXERCISED FROM THE TIME THE BUTTER LEAVES THE STORE UNTIL IT REACHES ITS DESTINATION IN THE NON-MEMBER COUNTRY CONCERNED ; WHEREAS , IN ADDITION TO THE SUPERVISORY PROVISIONS LAID DOWN IN COMMISSION REGULATION ( EEC ) NO 1687/76 ( 9 ), AS LAST AMENDED BY REGULATION ( EEC ) NO 298/80 ( 10 ), IT IS NECESSARY TO LAY DOWN ADDITIONAL CONDITIONS IN VIEW OF THE SPECIFIC NATURE OF THE OPERATION ;
WHEREAS FOR THE APPLICATION OF MONETARY COMPENSATORY AMOUNTS FIXED BY COMMISSION REGULATION ( EEC ) NO 2140/79 ( 11 ), AS LAST AMENDED BY COMMISSION REGULATION ( EEC ) NO 300/80 ( 12 ), A COEFFICIENT SHOULD BE INTRODUCED TO TAKE ACCOUNT OF THE DIFFERENCE BETWEEN THE PRICE AT SALE BY TENDER AND THE INTERVENTION PRICE FOR BUTTER FORMING THE BASIS FOR THE CALCULATION OF MONETARY COMPENSATORY AMOUNTS ;
WHEREAS THE MANAGEMENT COMMITTEE FOR MILK AND MILK PRODUCTS HAS NOT DELIVERED AN OPINION WITHIN THE TIME LIMIT SET BY ITS CHAIRMAN ,
HAS ADOPTED THIS REGULATION :
ARTICLE 1
BUTTER BOUGHT IN UNDER ARTICLE 6 ( 1 ) OF REGULATION ( EEC ) NO 804/68 AND TAKEN INTO STORAGE BEFORE 1 APRIL 1979 SHALL BE SOLD UNDER THE CONDITIONS LAID DOWN HEREINAFTER .
ARTICLE 2
1 . THE BUTTER SHALL BE SOLD BY MEANS OF A STANDING INVITATION TO TENDER ISSUED BY EACH INTERVENTION AGENCY FOR THE QUANTITY OF BUTTER IN QUESTION HELD BY IT .
2 . THE INTERVENTION AGENCY SHALL ISSUE A NOTICE OF INVITATION TO TENDER , INDICATING IN PARTICULAR :
( A ) THE LOCATION OF THE COLDSTORE OR STORES WHERE THE BUTTER IS HELD ;