CELEX: 31975R0323
Language: en
Date: 1975-02-10 00:00:00
Title: Regulation (EEC) No 323/75 of the Commission of 10 February 1975 on the adjustment of private storage aid for butter held under a storage contract at the end of the 1974/75 milk year

11 . 2 . 75                                  Official Journal of the European Communities                           No L 36/ 11
                                REGULATION ( EEC) No 323/75 OF THE COMMISSION
                                                           of 10 February 1975
               on the adjustment of private storage aid for butter held under a storage contract
                                                 at the end of the 1974/75 milk year
THE COMMISSION OF THE EUROPEAN                                         amount payable in respect of storage prior to the entry
COMMUNITIES,                                                            into force of this Regulation ;
Having regard to the Treaty establishing the European                  Whereas the Management Committee for Milk and
Economic Community ;                                                   Milk Products has not delivered an opinion within the
                                                                        time limit set by its Chairman ,
Having regard to Council Regulation (EEC) No
804/68 (') of 27 June 1968 on the common organiza­
tion of the market in milk and milk products, as last                   HAS ADOPTED THIS REGULATION :
amended by Regulation (EEC) No 662/74 (2 ), and in
particular Articles 5a and 6 (7) thereof ;
                                                                                                  Article 1
Whereas Article 29 of Commission Regulation (EEC)
No 685/ 69 (■') of 14 April 1969 on detailed rules of                   1.      If provision is made for the payment in respect
application for intervention on the market in butter                    of butter bought in by intervention agencies before
and cream , as last amended by Regulation (EEC) No                      the end of the 1974/75 milk year of an amount in
251 7/74 (4 ), provides for private storage aid to be                   addition to the buying-in price for that milk year,
adjusted if the buying-in price for butter is changed ;                 such additional amount shall be regarded as an
                                                                        increase in the buying-in price within the meaning of
Whereas the Council has agreed to adopt simultane­                      Article 29 of Regulation (EEC) No 685/ 69 .
ously with the intervention prices for the 1975/76
milk year, a measure providing, in respect of                           2.      However, the provisions of paragraph 1 shall not
purchases by intervention agencies during a certain                     affect the amount of the aid payable in respect of
period prior to the end of the present marketing year,                  storage prior to the entry into force of this Regulation .
for the payment by the agencies in addition to the
current buying-in price, of an amount equal to the                                                Article 2
difference between that buying-in price and the price
to be fixed for the 1975/76 milk year ;                                 In respect of butter held under a storage contract at
                                                                        the time when this Regulation enters into force , the
Whereas, in order to prevent any disturbance of the
                                                                        amount of the aid in respect of storage after this date
butter market to which the above measure might give
                                                                        shall not be paid until the beginning of the 1975/76
 rise, such additional amount should for the purposes
                                                                        milk year.
of Article 29 of Regulation (EEC) No 685/69 be assim­
 ilated to an increase in the buying-in price for butter
within the meaning of that Article ;                                                              Article 3
Whereas, however, provision should be made to                           This Regulation shall enter into force on 1 1 February
ensure that the decrease in the aid will not affect the                  1975 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 10 February 1975 .
                                                                                    I:or the Com m ission
                                                                                       P. J. LARDINOIS
                                                                              Member of the Commission
(') OJ No L 1 48 , 28 . 6 . 1968 , p. 13 .
( 2 ) OJ No L 85 , 29 . 3 . 1974, p. 51 .
(') O J No L 90 , 1 5 . 4 . 1 969 , p. 1 2 .
(4 ) O'l No L 269 , 4. 10 . 1974, p. 24.