CELEX: 31975R1959
Language: en
Date: 1975-07-28 00:00:00
Title: Regulation (EEC) No 1959/75 of the Council of 28 July 1975 on the granting of aid for the private storage of skimmed-milk powder

No L 200/4                               Official Journal of the European Communities                            31 . 7 . 75
                               REGULATION ( EEC) No 1959/75 OF THE COUNCIL
                                                         of 28 July 1975
                  on the granting of aid for the private storage of skimmed-milk powder
THE COUNCIL OF THE EUROPEAN                                         HAS ADOPTED THIS REGULATION :
COMMUNITIES,
                                                                                             Article 1
Having regard to the Treaty establishing the European               During the period from 1 August to 30 September
Economic Community ;                                                1975, private storage aid contracts for skimmed-milk
Having regard to Council Regulation (EEC) No                        powder may be concluded with the intervention
804/68 (') of 27 June 1968 on the common organiza­                  agency of the Member State on the territory of which
tion of the market in milk and milk products as last                is situated the warehouse in which the product will be
                                                                    stored .
amended by Regulation (EEC) No 740/75 (2), and in
particular Article 7 (4) thereof ;                                 The intervention agency shall conclude contracts with
                                                                    any party fulfilling the conditions to be laid down .
Having regard to the proposal from the Commission ;                The granting of aid shall be limited to a maximum
Whereas Article 7 (3) of Regulation (EEC) No 804/68                 period of three months.
lays down that aid may be granted for the storage of                                         Article 2
first-quality skimmed-milk powder produced in the
                                                                    A flat rate amount of aid shall be fixed in advance,
Community, if it complies with certain conditions ;
                                                                    taking into account storage costs, the cost of finance
Whereas the state of the Community market in skim­                  and the market situation .
med-milk powder is marked by the existence of abnor­                                         Article 3
mally large public stocks ; whereas, in view of the
high costs which result from prolonged public storage               The storage contract shall include provisions relating
and in order to achieve a better balance between                    in particular to :
public and private stocks, private storage should be                (a) the quantity of skimmed-milk powder ;
encouraged so as to allow operators to postpone                     (b) the amount of aid ;
putting stocks on the market until better market                    (c) the dates for the performance of the contract ;
opportunities are likely to occur ; whereas the granting
                                                                    (d) supervision measures which must relate in parti­
of aid for the private storage of skimmed-milk powder
                                                                         cular to the nature of the stocks and to ensuring
may provide the required incentive ;
                                                                         that the quantities stored correspond to those
Whereas it is therefore necessary to lay down the rules                  declared .
governing the granting of that aid and the criteria for                                      Article 4
the fixing thereof, particular account being taken of
the storage costs ; whereas, in order to ensure equal               This Regulation shall enter into force on the day of its
opportunity for those concerned, provision should be                 publication in the Ofjcidl Journal of the European
                                                                     Communities.
made for a storage contract drawn up in accordance
with Community rules,                                                It shall apply as from 1 August 1975.
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States .
              Done at Athens, 28 July 1975 .
                                                                                 For the Council
                                                                                    The President
                                                                                     M. RUMOR
 (') OJ No L 148 , 28 . 6 . 1968 , p . 13 .
 (-') OJ No L 74, 22. 3 . 1975 , p . 1 .