CELEX: 31998R0490
Language: en
Date: 1998-02-27 00:00:00
Title: COMMISSION REGULATION (EC) No 490/98 of 27 February 1998 fixing the minimum selling prices for butter and the maximum aid for cream, butter and concentrated butter for the fourth individual invitation to tender under the standing invitation to tender provided for in Regulation (EC) No 2571/97

28. 2. 98            EN                Official Journal of the European Communities                                 L 60/69
                                   COMMISSION REGULATION (EC) No 490/98
                                                    of 27 February 1998
                 fixing the minimum selling prices for butter and the maximum aid for cream,
                 butter and concentrated butter for the fourth individual invitation to tender
                 under the standing invitation to tender provided for in Regulation (EC) No
                                                           2571/97
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                       also be taken to make no award in response to the
Having regard to the Treaty establishing the European             tenders submitted; whereas the amount(s) of the
Community,                                                        processing securities must be fixed accordingly;
Having regard to Council Regulation (EEC) No 804/68 of            Whereas the measures provided for in this Regulation are
27 June 1968 on the common organisation of the market             in accordance with the opinion of the Management
in milk and milk products (1), as last amended by Regula-         Committee for Milk and Milk Products,
tion (EC) No 1587/96 (2), and in particular Articles 6(3)
and 12(3) thereof,
Whereas the intervention agencies are, pursuant to                HAS ADOPTED THIS REGULATION:
Commission Regulation (EC) No 2571/97 of 15
December 1997 on the sale of butter at reduced prices                                     Article 1
and the granting of aid for cream, butter and concen-
trated butter for use in the manufacture of pastry prod-          The maximum aid and processing securities applying for
ucts, ice-cream and other foodstuffs (3) to sell by invita-       the fourth individual invitation to tender under the
tion to tender certain quantities of butter that they hold        standing invitation to tender provided for in Regulation
and to grant aid for cream, butter and concentrated               (EC) No 2571/97 shall be fixed as indicated in the Annex
butter; whereas Article 18 of that Regulation stipulates          hereto.
that in the light of the tenders received in response to          No award shall be made as regards the sale of butter from
each individual invitation to tender a minimum selling            intervention stocks.
price shall be fixed for butter and maximum aid shall be
fixed for cream, butter and concentrated butter; whereas                                  Article 2
it is further stipulated that the price or aid may vary
according to the intended use of the butter, its fat content      This Regulation shall enter into force on 28 February
and the incorporation procedure, and that a decision may          1998.
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States.
                 Done at Brussels, 27 February 1998.
                                                                            For the Commission
                                                                              Franz FISCHLER
                                                                        Member of the Commission
(1) OJ L 148, 28. 6. 1968, p. 13.
(2) OJ L 206, 16. 8. 1996, p. 21.
(3) OJ L 350, 20. 12. 1997, p. 3.
 ---pagebreak--- L 60/70         EN                    Official Journal of the European Communities                          28. 2. 98
                                                          ANNEX
        to the Commission Regulation of 27 February 1998 fixing the minimum selling prices for butter
        and the maximum aid for cream, butter and concentrated butter for the third individual invita-
        tion to tender under the standing invitation to tender provided for in Regulation (EC) No 2571/97
                                                                                               (ECU/100 kg)
                              Formula                                  A                    B
                                                                With     Without     With        Without
                       Incorporation procedure
                                                               tracers   tracers    tracers      tracers
                                         Unaltered                                              
          Minimum          Butter
         selling price    A 82 %
                                         Concentrated                                           
                                         Unaltered                                         
              Processing security
                                         Concentrated                                      
                         Butter A 82 %                          117       113                    113
                         Butter : 82 %                                   108                     
          Maximum
              aid
                         Concentrated butter                    144       140        144          140
                         Cream                                                       50           48
                         Butter                                 129                              
          Processing
                         Concentrated butter                    158                 158           
            security
                         Cream                                                       55          