CELEX: 31972R0434
Language: en
Date: 1972-02-29 00:00:00
Title: Regulation (EEC) No 434/72 of the Council of 29 February 1972 amending Regulation (EEC) No 786/69 on the financing of intervention expenditure in respect of the internal market in oils and fats

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31972R0434

Regulation (EEC) No 434/72 of the Council of 29 February 1972 amending Regulation (EEC) No 786/69 on the financing of intervention expenditure in respect of the internal market in oils and fats  

Official Journal L 053 , 02/03/1972 P. 0002 Danish special edition: Series II Volume III P. 0076  English special edition: Series II Volume III P. 0074  Greek special edition: Chapter 03 Volume 7 P. 0154 

++++ ( 1 ) OJ N L 94 , 28 . 4 . 1970 , P . 13 .   ( 2 ) OJ N L 105 , 2 . 5 . 1969 , P . 1 .   ( 3 ) OJ N L 232 , 21 . 10 . 1970 , P . 3 .   ( 4 ) OJ N L 160 , 17 . 7 . 1971 , P . 1 .  REGULATION ( EEC ) N 434/72 OF THE COUNCIL  OF 29 FEBRUARY 1972  AMENDING REGULATION ( EEC ) N 786/69 ON THE FINANCING OF INTERVENTION EXPENDITURE IN RESPECT OF THE INTERNAL MARKET IN OILS AND FATS  THE COUNCIL OF THE EUROPEAN COMMUNITIES ,  HAVING REGARD TO THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY ;  HAVING REGARD TO COUNCIL REGULATION ( EEC ) N 729/70 ( 1 ) OF 21 APRIL 1970 ON THE FINANCING OF THE COMMON AGRICULTURAL POLICY , AND IN PARTICULAR ARTICLE 3 ( 2 ) THEREOF ;  HAVING REGARD TO THE PROPOSAL FROM THE COMMISSION ;  WHEREAS IN REGULATION ( EEC ) N 786/69 ( 2 ) , AS AMENDED BY REGULATION ( EEC ) N 2092/70 ( 3 ) , THE COUNCIL ADOPTED RULES FOR FINANCING INTERVENTION EXPENDITURE IN RESPECT OF THE INTERNAL MARKET IN OILS AND FATS ;  WHEREAS , SINCE THEN , REGULATION ( EEC ) N 1516/71 ( 4 ) HAS INTRODUCED A SYSTEM OF SUBSIDIES FOR COTTON SEEDS , WHICH INVOLVES EXPENDITURE ; WHEREAS THIS SUBSIDY CORRESPONDS TO THE CONCEPT OF INTERVENTION CONTAINED IN ARTICLE 3 ( 1 ) OF REGULATION ( EEC ) N 729/70 ;  WHEREAS COTTON SEEDS ARE OIL SEEDS COVERED BY THE COMMON ORGANIZATION OF THE MARKET IN OILS AND FATS ; WHEREAS THEREFORE REGULATION ( EEC ) N 786/69 SHOULD BE SUPPLEMENTED BY INSERTING PROVISIONS ON THE FINANCING OF SUBSIDIES GRANTED FOR THESE SEEDS ,  HAS ADOPTED THIS REGULATION :  ARTICLE 1  THE FOLLOWING SHALL BE ADDED TO ARTICLE 2 ( 1 ) OF REGULATION ( EEC ) N 786/69 :   " ( F ) SUBSIDIES FOR COTTON SEEDS GRANTED IN PURSUANCE OF ARTICLE 1 OF REGULATION ( EEC ) N 1516/71 " .  ARTICLE 2  THIS REGULATION SHALL ENTER INTO FORCE ON THE THIRD DAY FOLLOWING ITS PUBLICATION IN THE OFFICIAL JOURNAL OF THE EUROPEAN COMMUNITIES .  IT SHALL TAKE EFFECT ON 1 AUGUST 1971 .  THIS REGULATION SHALL BE BINDING IN ITS ENTIRETY AND DIRECTLY APPLICABLE IN ALL MEMBER STATES .  DONE AT BRUSSELS , 29 FEBRUARY 1972 .  FOR THE COUNCIL  THE PRESIDENT  J . P . BUCHLER