CELEX: 31974D0381
Language: en
Date: 1974-07-01 00:00:00
Title: 74/381/EEC: Commission Decision of 1 July 1974 authorizing the Italian Republic to suspend application of Article 4a of Regulation (EEC) No 974/71 as regards the deduction of monetary compensatory amounts from charges on imports from third countries

22. 7. 74                                Official Journal of the European Communities                            No L 199/ 19
                                                   COMMISSION DECISION
                                                          of 1 July 1974
              authorizing the Italian Republic to suspend application of Article 4a of Regula­
              tion (EEC) No 974/71 as regards the deduction of monetary compensatory
                               amounts from charges on imports from third countries
                                                 (Only the Italian text is authentic)
                                                           (74/381 /EEC)
THE COMMISSION OF THE EUROPEAN                                        to above while still levying the full charge on
COMMUNITIES,                                                          imports ; whereas this measure may be limited to
                                                                      those products subject to monetary compensatory
Having regard to the Treaty establishing the European                 amounts whose importation weighs most heavily on
Economic Community, and in particular Article 108                     the balance of payments ;
(3) thereof ;
                                                                      Whereas to this end Italy should be authorized
Whereas Article 4a ( 1 ) of Council Regulation (EEC)                  temporarily not to apply Article 4a of Regulation
No 974/71 (*) of 12 May 1971 on certain measures of                   (EEC) No 974/71 ,
conjunctural policy to be taken in agriculture
following the temporary widening of the margins of
fluctuation   for   the    currencies     of  certain  Member         HAS ADOPTED THIS DECISION :
States, as last amended by Regulation (EEC) No
3450/73 (2), provides that in trade with third countries,                                      Article 1
monetary compensatory amounts granted on imports
are to be deducted from the import charge ; whereas                   Without prejudice to the provisions of Article 15a of
in trade between Member States, however, since such                   Regulation (EEC) No 1463/73, the Italian Republic is
compensation is excluded, compensatory amounts                        hereby authorized to suspend application of Article 4a
granted on imports must, as provided by Article 15a                   ( 1 ) (a) of Regulation (EEC) No 974/71 in respect of
of Commission Regulation (EEC) No 1463/73 (3) of                      beef and veal products other than live animals .
30 May 1973 supplementing Regulations (EEC) No
269/73 and (EEC) No 1463/73 as regards the time                                                Article 2
limit for the payment of compensatory amounts, as
last amended by Regulation (EEC) No 1 099/74 (4), be                  This Decision is addressed to the Italian Republic.
paid within two months from the day of deposit of
sufficient supporting evidence ;
                                                                      Done at Brussels, 1 July 1974.
Whereas this favours imports from third countries ;
whereas, furthermore, given the present economic situ­
                                                                                                 For the Commission
ation, the difficulties which Italy is experiencing, parti­
cularly as regards her balance of payments, could be                                                 The President
reduced if that Member State were authorized to defer
the payments to be made during the period referred                                              Francois-Xavier ORTOLI.
(') OJ  No  L 106,  12. 5. 1971 , p. 1 .
(2) OJ  No  L 353 , 22. 12. 1973, p. 25.
(3) OJ  No  L 146,  4. 6 . 1973 , p. 1 .
(4) OJ  No  L 122,  4. 5 . 1974, p. 24.