CELEX: 51988PC0466(04)
Language: en
Date: 1988-09-12
Title: PROPOSAL FOR A COUNCIL REGULATION ( EEC ) FIXING THE INTERVENTION PRICE FOR BUTTER FROM ... 1988

No C 265/6                             Official Journal of the European Communities                                12. 10. 88
             Proposal for a Council Regulation (EEC) fixing the intervention price for butter from
                                                         1       1988
                                                     COM(88) 466 final
                            (Submitted by the Commission to the Council on 13 September 1988)
                                                        (88/C 265/06)
THE COUNCIL OF THE EUROPEAN COMMUNITIES,                          the intervention price for butter, skimmed-milk powder
                                                                  and Grana Padano and Parmigiano Reggiano cheese;
Having regard to the Treaty establishing the European
Economic Community, and in particular Article 43                  Whereas the market situation has changed since that
thereof,                                                          Regulation was adopted, in particular as a result of a
                                                                  rapid reduction in butter stocks; whereas in order to
Having regard to the Act of Accession of Spain and                prevent those stocks from building again, the inter-
Portugal, and in particular Article 89 (1) thereof,               vention price for butter should be reduced,
Having regard to Council Regulation (EEC) No 804/68               HAS ADOPTED THIS REGULATION:
of 27 June 1968 on the common organization of the
market in milk and milk products (*), as last amended by
                                                                                            Article 1
Regulation (EEC) No 1109/88 (2), and in particular
Article 5 (1) thereof,                                            With effect from 1          1988 the intervention price for
                                                                  butter shall be 332,87 ECU per 100 kg in Spain and
Having regard to the proposal from the Commission,                306,94 ECU per 100 kg in the rest of the Community.
Having regard      to   the   opinion   of   the   European                                 Article 2
Parliament,
                                                                  This Regulation shall enter into force on the day of its
Having regard to the opinion of the Economic and                  publication in the Official Journal of the European
Social Committee,                                                  Communities.
Whereas Council Regulation (EEC) No 2233/88 (J) fixes             This Regulation shall be binding in its entirety and
for the 1988/89 milk year, the target price for milk and          directly applicable in all Member States.
 (») OJ No L 148, 28. 6. 1968, p. 13.
 O OJ No L 110, 29. 4. 1988, p. 27.
 (») OJ No L 197, 26. 7. 1988, p. 34.