CELEX: 51974PC1828
Language: en
Date: 1974-11-06
Title: PROPOSAL FOR A COUNCIL REGULATION amending Regulation (EEC) No 1967/74 so as to authorize Member States to grant a subsidy in respect of the financing of expenditure arising out of the retention of young cattle on agricultural holdings (submitted to the Council by the Commission)

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COM (74) 1828
Vol. 1974/0288
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                                                             COM(74)1823 final
                                                             Brussels , 6 November 1974
                        PROPOSAL POP. A COUNCIL REGULATION
      amending Regulation (EEC) "No 1967/ 74 so as to authorize Member States
                  to grant a subsidy in respect of the financing
 of expenditure arising out of the retention of young cattle on agricultural holdings
                    ( submitted to the Council by the Commission)
     COM(74) 1823 final
 ---pagebreak---                        PROPOSAL FOR A COTMCIL REGULATION
amending Regulation (EEC ) NO 1967/ 74 SO as to authorize Member States to
grant a subsidy in respect of the financing of expenditure arising out of the
retention of young cattle on agricultural holdings .
TIIE COUNCIL OP THE EUROPEAN COlEttJNITIES ,
Having regard to the Treaty establishing the European Economic Community ;
Having regard to Council Regulation (EEC) ITO 805/68^ of 27 June 1968 on
the common organization of the market in beef and veal , as last amended by
Regulation (EEC ) No 1855/74       » and in particular article 22(a)(2) thereof ;
Having regard to the proposal from the Commission ;
Whereas Regulation (EEC) No 1967/7^^ of 23 July 1974, as amended by
Regulation (EEC) No 2502/74^, introduced a system of premiums for the orderly-
marketing of adult bovine animals for slaughter ; whereas entitlement to this
premium , which is intended to encourage producers to retain their animals for
an additional period of time before slaughter , does not accrue until the time
of slaughter ;
Whereas as a result of high costs , particularly in respect of feedstuffs and of
finance , small producers in particular could have difficulties in delaying
marketing and consequently in benefiting from this premium ; whereas it seems
appropriate therefore to provide for the granting within the framework of the
present system of subsidies designed to facilitate achievement of the aims of
Regulation (EEC ) No 1967/74 ?
Whereas the system of retention premiums for live cattle , as established by
Article 2 of Regulation (ESC ) NO 2502/74 , does not raise these problems ;
whereas it would therefore appear unnecessary to provide for the granting of
subsidies as aforesaid in the areas where that system is applied ;
Whereas the measure provided for in this Regulation must not however increase the
financial charge upon the Community as laid down by Council Regulation (EEC)
No 2504/74^ of 2 October 1974 on the financing of the system of premiums for
the orderly marketing of certain adult bovine animals for slaughter and for the
rétention of cattle ;                                                    /
                                                                        •/ •
TiTÔJ No L 148 of 28.6 .19687 p.24
 (2 ) 0J No L 195 of 18.7.1974 , P. 14
 ( 3 ) 0J No L 206 of 27.7.1974 , P. 1
 (4) 0J No L 268 of 3.10.1974 , p.12
 (5) 0J No L 269 of 4.10.1974 , p. 1
 ---pagebreak--- HAS ADOPTED THIS REGULATION :
                                   Article 1
Regulation (EEC ) No 1967/ 74 is amended by the addition of an Article 4a as
follows :
                                   Article 4a                     '
Member States which grant premiums in pursuance of the powers provided in
Article 1 that axe lower than the amounts specified in Article 2 are auth6rir
subject as provided below to grant , out of national funds and up to an amour; >
not exoeeding the amount thus saved in respect of premiums , an interest
subsidy in respect of. loans accorded for the purpose of retaining young cattl
on the holding .        '
The subsidy may not be granted for more than 25 young cattle in respect of
any one holding .   Subsidies shall be granted only on application by the pro«
ducer accompanied at least by an undertaking from him that the young cattle
for which the subsidy is requested will be retained for a period of at least
three months from the date of the application on the holding managed by him
at such date .
                                   Article 2
This Regulation shall enter into force on the day following its publication
in the Official Journal of the European Communities .
This Regulation shall be binding in its entirety and directly applicable in
all Member States .
                                        Done at Brus sel s ,
                                        For the Council