CELEX: 31976R0746
Language: en
Date: 1976-03-31 00:00:00
Title: Commission Regulation (EEC) No 746/76 of 31 March 1976 amending Regulation (EEC) No 677/76 laying down detailed rules for the application of the system for compulsory purchase of skimmed-milk powder

1 . 4. 76                               Official Journal of the European Communities                        No L 86/45
                                    COMMISSION REGULATION (EEC) No 746/76
                                                        of 31 March 1976
               amending Regulation (EEC) No 677/76 laying down detailed rules (or the applica­
                     tion of the system for compulsory purchase of skimmed-milk powder
 THE COMMISSION OF THE EUROPEAN                                    Whereas the Management Committee for Oils and
 COMMUNITIES,                                                      Fats has not delivered an opinion within the time
                                                                   limit set by its Chairman,
 Having regard to the Treaty establishing the European
 Economic Community,
 Having regard to Council Regulation (EEC) No                      HAS ADOPTED THIS REGULATION :
 563/76 of 15 March 1976 on the compulsory purchase
 of skimmed-milk powder held by intervention agen­                                        Article 1
 cies for use in animal feedingstuffs ( l), and in parti­
 cular Article 9 ( 1 ) thereof,                                    There shall be added to Article 9 of Regulation (EEC)
 Having regard to Council Regulation No 129 on the                 No 677/76 the following paragraph 5 :
 value of the unit of account and the exchange rates to                '5. The rate of the security and the amounts in
 be applied for the purposes of the common agricul­                    the foregoing paragraphs shall be multiplied by
 tural policy (2), as last amended by Regulation (EEC)                 the following coefficients :
 No 2543/73 (3), and in particular Article 3 thereof,
                                                                       Member State of sale               Coefficient
 Whereas Article 9 of Commission Regulation (EEC)                      Denmark                              0-9000
 No 677/76 of 26 March 1976 laying down detailed
 rules for the application of the system for compulsory                Belgium                              0-8874
 purchase of skimmed-milk powder provided for in                       Germany                              0-8325
 Regulation (EEC) 563/76 (4), provides that the rate of                United Kingdom                       1 -0256
 the security referred to in Articles 2 and 3 of Regula­               France                               0-9368
 tion (EEC) No 563/76 for each product shall be that                   Italy                                1-0487
 set out in the Annex to Regulation (EEC) No 677/76 ;                  Ireland                              0-9909
Whereas, to avoid distortions of competition, the secu­                Luxembourg                           0-8874
 rities must be at the same level throughout the                       Netherlands                          0-8874'
 Community, having regard to the real value of the
 currencies ; whereas this purpose can be achieved by
 multiplying the security by a coefficient reflecting the                                Article 2
 rates recorded on the exchange markets ;
                                                                   This Regulation shall enter into force on 1 April
Whereas the Monetary Committee will be consulted ;                 1976.
whereas, in view of the urgency, the measures envis­
aged should be adopted in accordance with the condi­               At the request of any interested party, it shall apply
tions laid down in Article 3 (2) of Regulation No 129 ;            with effect from 19 March 1976 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 31 March 1976.
                                                                             For the Commission
                                                                               P.J. LARDINOIS
                                                                         Member of the Commission
(i)  OJ No  L 67, 15. 3 . 1976, p . 18 .
(2)  OJ No  106, 30. 10 . 1962, p. 2553/62.
(3)  OJ No  L 263, 19 . 9 . 1973, p. 1 .
 4)  OJ No  L 81 , 27. 3 . 1976, p. 23 .