CELEX: 31975R0538
Language: en
Date: 1975-02-28 00:00:00
Title: Regulation (EEC) No 538/75 of the Commission of 28 February 1975 amending Regulation (EEC) No 1463/73 laying down detailed rules for the application of monetary compensatory amounts

3 . 3 . 75                                 Official Journal of the European Communities                             No L 57/ 1
                                                                   I
                                                (Acts whose publication is obligatory)
                                REGULATION (EEC) No 538/75 OF THE COMMISSION
                                                         of 28 February 1975
               amending Regulation (EEC) No 1463/73 laying down detailed rules for the application
                                                 of monetary compensatory amounts
THE COMMISSION OF THE EUROPEAN                                        together when the compensatory amounts are fixed;
COMMUNITIES,                                                          whereas it is therefore necessary to amend
                                                                      accordingly the provisions of the paragraph
Having regard to the Treaty establishing the                          concerned;
 European Economic Community ;                                        Whereas the measures provided for in this Regulation
Having regard to Council Regulation (EEC) No                          are in accordance with the Opinions of all the
974/71 (*) of 12 May 1971 on certain measures of                      Management Committees for the common
conjunctural policy to be taken in agriculture                        organization of agricultural markets,
following the temporary widening of the margins of
 fluctuation for the currencies of certain Member
                                                                      HAS ADOPTED THIS REGULATION :
 States, as last amended by Regulation (EEC) No
 475/75 (2), and in particular Article 6 thereof;
                                                                                               Article 1
Whereas Article 4 (3 ) of Commission Regulation
 (EEC) No 1463/73 (3) of 30 May 1973 laying down                      In Article 4 (3 ) of Regulation (EEC) No 1463 /73 :
detailed rules for the application of monetary
compensatory amounts, as last amended by                              — the second sentence in the first subparagraph is
Regulation (EEC) No 490/75 (4), provides that in                          deleted;
intra-Community trade and in trade with third                         — the words 'for the other Member States, the
countries, certain amounts must be multiplied by a                        coefficient' in the second subparagraph are
coefficient representing the percentage used to                           replaced by the words 'this coefficient'.
calculate the compensatory amounts; whereas
depending on the currency, the frequency with which
these coefficients are altered varies ;                                                         Article 2
Whereas, in order that the system may be better                       This Regulation shall enter into force on 3 March
understood, all coefficients should be presented                      1975 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 28 February 1975 .
                                                                                        For the Commission
                                                                                          P. J. LARDINOIS
                                                                                   Member of the Commission
0)   OJ  No L 106, .12. 5. 1971, p. 1 .
(2)  OJ  No L 52, 28 . 2. 1975, p. 28.
(s)  OJ  No L 146, 4. 6. 1973, p. 1 .
(4)  OJ  No L 53 , 28 . 2 . 1975, p . 32 .