CELEX: 31976R2452
Language: en
Date: 1976-10-05 00:00:00
Title: Council Regulation (EEC) No 2452/76 of 5 October 1976 on the transfer to the Italian intervention agency of butter held by the intervention agencies of other Member States

9 . 10 . 76                              Official Journal of the European Communities                                No L 279 / 1
                                                                 I
                                              (Acts whose publication is obligatory)
                                        COUNCIL REGULATION ( EEC) No 2452/ 76
                                                       of 5 October 1976
                on the transfer to the Italian intervention agency of butter held by the interven­
                                            tion agencies of other Member States
THE COUNCIL OF THE EUROPEAN                                         Whereas the provisions covering the accounting side
COMMUNITIES,                                                        of this operation should be determined in accordance
                                                                    with the arrangements laid down in Council Regula­
                                                                    tion ( EEC) No 2306/70 of 10 November 1970 on the
 Having regard to the Treaty establishing the European              financing of intervention expenditure in respect of the
Economic Community,                                                 domestic markets in milk and milk products (5 ), as last
                                                                    amended by Regulation (EEC) No 1 844/ 76 (6) ;
Having regard to Council Regulation (EEC) No
804/68 of 27 June 1968 on the common organization                   Whereas such measures imply that the Guarantee
of the market in milk and milk products ('), as last                Section of the European Agricultural Guidance and
amended by Regulation (EEC) No .559/76 (2 ), and in                 Guarantee Fund should bear the cost of transport,
particular Article 6 (6) thereof,
 Having regard to Council Regulation ( EEC) No
729/70 of 21 April 1970 on the financing of the                     HAS ADOPTED THIS REGULATION :
common agricultural policy (3 ), as last amended by
Regulation ( EEC) No 2788 /72 (4 ), and in particular
Article 3 (2) thereof,                                                                           Article 1
Having regard to the proposal from the Commission ,                  1.      A quantity of 10 000 metric tons of butter held
                                                                    by the intervention agencies of other Member States
                                                                    shall be made available to the Italian intervention
Whereas the Community market is characterized by
large stocks of butter ; whereas these stocks are held              agency for placing on the Italian market before 1
primarily by certain Member States, while Italy in                  April 1977 .
particular possesses no such stocks because of the
particular nature of its milk production ;                          2.       The arrangements for applying this Regulation
                                                                    shall be adopted in accordance with the procedure
                                                                    laid down in Article 30 of Regulation (EEC) No
Whereas, in view of the present economic situation in               804/ 68 . These arrangements shall establish which
 Italy, which is due in particular to a very high rate of           intervention agencies are to make the butter available
 inflation , it seems advisable to make available to the
                                                                    and how it is to be transported .
 Italian intervention agency part of the stocks of butter
which are available in intervention in other Member
States ; whereas this butter is intended to be placed on
the Italian market, which has a shortage in this                                                 Article 2
 product , in order to help stabilize consumer prices ;
                                                                     1.      The intervention agencies holding the products
Whereas rules should be laid down for taking over the               referred to in Article 1 shall enter the quantities of
                                                                    butter transferred       as   a  zero debit   in the account
 butter and for transferring responsibility for it ;
                                                                    referred to in Article 3 (2) (a) of Regulation ( EEC) No
                                                                    2306 / 70 .
(') O ) No L 148 , 28 . 6 . 1968 , p . 13 .
(-') O") No L 67, 15. 3 . 1976, p. 9 .
(■') O") No L 94, 28 . 4 . 1970, p. 13 .                            ( 5 ) 0 | No L 249 , 17 . 11 . 1970 , p . 4 .
H 0"| No L 295, 30 . 12 . 1972, p . I.                              (b) O") No L 204, 30 . 7 . 1976, p . 1 .
 ---pagebreak--- No L 279/2                          Official Journal of the European Communities                            9 . 10 . 76
2.    The Italian intervention agency shall enter the                                   Article 3
quantities of butter of which it has taken delivery as a
zero credit in the account referred to in paragraph 1 .
3.    The costs of transporting the quantities of butter
referred to in Article 1 shall be entered i-n the account     This Regulation shall enter into force on the third day
referred to in Article 3 (2) (a) of Regulation (EEC) No        following its publication in the Official Journal of
2306 / 70 .                                                    the European Communities.
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States .
              Done at Luxembourg, 5 October 1976.
                                                                            For the Council
                                                                              The President
                                                                      A. P. L. M. M. van der STEE