CELEX: 31974R2523
Language: en
Date: 1974-10-04
Title: Regulation (EEC) No 2523/74 of the Commission of 4 October 1974 amending Regulation (EEC) No 711/74 authorizing the United Kingdom to grant a national supplementary consumer subsidy for butter

No L 270/72                               Official Journal of the European Communities                           5 . 10. 74
                              REGULATION (EEC) No 2523/74 OF THE COMMISSION
                                                        of 4 October 1974
              amending Regulation (EEC) No 711/74 authorizing the United Kingdom to grant a
                                       national supplementary consumer subsidy for butter
THE COMMISSION OF THE EUROPEAN                                       this supplementary subsidy must be adjusted in line
COMMUNITIES,                                                         with the price increases taking effect on 7 October
                                                                     1974 and the simultaneous adjustment of the
Having regard to the Treaty (x) concerning the                       representative rate of the pound;
accession of new Member States to the European
Economic Community and to the European Atomic                        Whereas the measures provided for in this Regulation
Energy Community, and in particular Article 63 of                    are in accordance with the Opinion of the
the Act annexed thereto ;                                            Management Committee for Milk and Milk Products,
Whereas Commission Regulation (EEC) No 711 /74 (2)
                                                                     HAS ADOPTED THIS REGULATION :
of 29 March 1974 authorizes the United Kingdom, as
a transitional measure, to grant a national consumer
subsidy for butter over and above the subsidy provided                                      Article 1
for in Council Regulation (EEC) No 1191/73 (3) of
8 May 1973 ; whereas the maximum amount of this
national subsidy was fixed at a level which would                    In Article 1 of Regulation (EEC) No 711/74, the
cover the increase in intervention prices at the                     amount ' 17 units of account' is replaced by the
                                                                     amount '26-50 units of account'.
beginning of the 1974/75 milk year, thereby allowing
an adequate reduction in the retail price of butter;
                                                                                            Article 2
Whereas, since the economic situation in the United
Kingdom remains unchanged and to prevent further                     This Regulation shall enter into force on 7 October
serious difficulties arising, the maximum amount of                  1974.
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States .
              Done at Brussels, 4 October 1974.
                                                                                        For the Commission
                                                                                           The President
                                                                                      Francois-Xavier ORTOLI
(*) OJ No L 73 , 27. 3. 1972, p. 5 .
(2) OJ No L 88 , 1 . 4 . 1974, p. 13 .
(8) OJ No L 122, 9 . 5.1973 , p. 5 .