CELEX: 31974D0322
Language: en
Date: 1974-05-22 00:00:00
Title: Commission Decision of 22 May 1974 authorizing the Kingdom of Belgium, the French Republic and the Kingdom of the Netherlands to apply special intervention measures for common wheat

6. 7. 74                               Official Journal of the European Communities                          No L 183/49
                                                                II
                                           (Acts whose publication is not obligatory)
                                                   COMMISSION
                                                  COMMISSION DECISION
                                                        of 22 May 1974
              authorizing the Kingdom of Belgium, the French Republic and the Kingdom of
                 the Netherlands to apply special intervention measures for common wheat
                                        (Only the French and Dutch texts are authentic)
                                                          (74/322/EEC)
THE COMMISSION OF THE EUROPEAN                                     situation would not fail to lead to holders offering
COMMUNITIES,                                                       their stocks for intervention before the end of May in
                                                                   order to benefit from the last monthly increase in the
Having regard to the Treaty establishing the European              intervention price before that fixed for the first month
Economic Community ;                                               of the next marketing year is applied in June and
Having regard to Council Regulation No 120/                        July ;
67/EEC ( ! ) of 13 June 1967 on the common organiza­
tion of the market in cereals, as last amended by Regu­
lation (EEC) No 1125/74 (2), and in particular Article             Whereas, this being so, measures appropriate to the
8, second paragraph thereof ;                                      circumstances described above should be taken so that
                                                                   the intervention agencies are not obliged to make
Having regard to Council Regulation No 174/                        substantial purchases of common wheat ;
67/EEC (3) of 27 June 1967 on special intervention
measures for cereals, as last amended by Regulation
(EEC) No 445/68 (4), and in particular Article 1                   Whereas the situation described above obtains also on
thereof ;
                                                                   the common wheat market in France ; whereas that
Having regard to the communications from the                       Member State has moreover submitted an application
Netherlands and Belgium which reached the Commis­                  requesting authorization to apply special intervention
sion on 14 and 15 May 1974 respectively, stating the               measures ; whereas for the reasons set out elsewhere it
                                                                   was not considered desirable to authorize France to
particularly difficult situation for holders of common
wheat in these Member States and including requests                apply the measures proposed by it ; whereas the
for the application of special intervention measures ;             measures set out below appear to be more appropriate
                                                                   in the present circumstances ; whereas authorization
Whereas the 1973/74 marketing year is characterized                to apply them should therefore be accorded also to
by the absence of an end-July carry-over payment for               the French intervention agency ;
stocks of common wheat, which will lead to holders
of this product running down their stocks ; whereas
the actual intervention stocks on 16 May 1974 were at              Whereas the pressure on the market should be
a level of around 1 000 000 metric tons ; whereas
                                                                   reduced by removing from it for a fixed period a suffi­
world market prices are currently falling ; whereas this           cient quantity of the product to attain that objective ;
                                                                   whereas to this end contracts should be established
(') OJ No  117, 19 . 6. 1967, p. 2269/67 .                         between the holders and the relevant intervention
(2) OJ No  L 128, 10. 5. 1974, p. 12.
(}) OJ No  130, 28 . 6 . 1967, p . 2609/67.                        agency and the detailed rules for this system should
(4) OJ No  L 91 , 12. 4 . 1968 , p. 3 .                            be laid down ;
 ---pagebreak--- No L 183/ 50                        Official Journal of the European Communities                               6 . 7 . 74
Whereas in order to attain the objectives referred to,         the first paragraph of Article 1 , the intervention
the holders of common wheat should be given the                agency shall allocate the quantity which will be
opportunity to avoid the substantial loss which the            contracted in proportion to the quantity offered by
application of the intervention price valid at the begin­      each holder.
ning of the next marketing year may lead them to
fear ; whereas they should equally be given an allow­          The competent agency shall communicate to the
ance for storage costs which they incur and which              holder, before 10 June 1974, the quantity which will
would have been automatically and wholly at the                be subject to the undertaking.
expense of the intervention agency if they had offered         Any quantity offered and refused by the intervention
their stocks to it before 31 May ;                             agency following the proportional allocation may,
Whereas in case of any disturbance on the Commu­               until 30 June 1974, be offered for intervention at the
nity market, the possibility should remain for the             intervention price valid on 31 May 1974.
intervention agencies concerned to authorize the
termination of storage for the quantities in question,                                 Article 3
under the procedure laid down in Article 26 of Regula­
tion No 120/67/ EEC ;                                          The operations referred to in Article 1 may only relate
                                                               to common wheat from the 1973 crop which fulfils
Whereas the Management Committee for Cereals has               the conditions laid down for acceptability for interven­
not delivered an opinion within the time limit set by          tion .
its Chairman,
                                                               The intervention agency shall verify the existence of
                                                               the claimants' stocks before signature of the contract
HAS ADOPTED THIS DECISION :                                    and at the end of the period of storage .
                          Article 1                                                    Article 4
The following Member States are authorized to have             The Member States concerned may be authorized,
their intervention agencies carry out special interven­        according to the procedure laid down in Article 26 of
tion operations for common wheat within the frame­             Regulation No 120/67/EEC, to terminate the under­
work of the undermentioned provisions :                         taking provided for in Article 1 (a).
— France in respect of 350 000 metric tons,
— Netherlands in respect of 100 000 metric tons,                In this case the daily amount referred to in Article
— Belgium in respect of 50 000 metric tons.                     1 (b) shall be granted up to the day fixed for termina­
                                                               tion of the undertaking at the end of the actual period
These operations shall involve the conclusion before            of storage.
 15 June 1974 of a contract, between the intervention
 agency and holders of common wheat, in terms of                For the remainder of the period from that day until
 which :                                                        31 December 1974, a forfeit at a rate of 0-016 unit of
                                                                account per metric ton per day shall be paid.
 (a) the holders shall undertake to keep in store from 1
     June to 31 December 1974 a given quantity of
     common wheat ;                                                                    Article 5
 (b) the intervention agency shall grant to the holders         The Member States concerned shall keep the Commis­
     of that quantity, at the -end of the period laid down      sion informed as to the development of the operations
     in (a),                                                    provided for in this Decision .
     — a daily amount, intended to cover storage and
         credit costs, fixed contractually at 0-05 unit of                             Article 6
         account per metric ton with effect from 1 June
         1974.                                •                 This Decision is addressed to the Kingdom of
                                                                Belgium, the French Republic and to the Kingdom of
                                                                the Netherlands.
                          Article 2
  Holders who wish to enter into such an undertaking
 must make a written application amounting to a firm            Done at Brussels, 22 May 1974.
 undertaking to the intervention agency before 31 May
  1974, indicating the quantity in question, which may                                    For the Commission
 not be less than 200 metric tons .
                                                                                              The President
 Should the total quantity in respect of which the
  holders wish to contract exceed the quantity given in                                  Francois-Xavier ORTOLI