CELEX: 31971R2451
Language: en
Date: 1971-11-15 00:00:00
Title: Regulation (EEC) No 2451/71 of the Commission of 15 November 1971 on calculating the financial compensation for certain fishery products

954                                 Official Journal of the European Communities
                                                                  0
No L 253 / 12                        Official Journal of the European Communities                             16.11.71
                             REGULATION (EEC) No 2451/71 OF THE COMMISSION
                                                  of 15 November 1971
                        on calculating the financial compensation for certain fishery products
THE    COMMISSION        OF    THE   EUROPEAN      COM­         whereas under these conditions it should be specified
MUNITIES,                                                       that the withdrawal price used for the purpose of
                                                                calculating the value of the financial compensation
                                                                should be that fixed on the basis of the commercial
Having regard to the Treaty establishing the                    characteristics of the product in question ;
European Economic Community ;
                                                                Whereas the Management Committee for Fishery
Having regard to Council Regulation (EEC) No                    Products has not delivered an Opinion within the
2142/701 of 20 October 1970 on the common                       time limit set by its Chairman ;
organisation of the market in fishery products, and in
particular Article 10 (5 ) thereof;
                                                                HAS ADOPTED THIS REGULATION :
Whereas, under the provisions of Article 10 (3 ) of
Regulation (EEC) No 2142/70, the withdrawal price
is one of the factors taken into consideration when                                      Article 1
the value of the financial compensation to be granted
to producers' organisations which intervene in respect
of certain fishery products is being calculated ;               The withdrawal price referred to in Article 10 (3 ) of
                                                                Regulation (EEC) No 2142/70 shall be that fixed
                                                                pursuant to Article 10 (5 ) of that Regulation on the
Whereas one of the aims of the producers'                       basis of the commercial characteristics of the product
organisations is to improve the quality of products             in question.
provided by their members and marketed through
these organisations ; whereas the achievement of this
aim can be encouraged by providing for a system of                                       Article 2
compensation involving, as a general rule, financial
participation by the Community in a decreasing ratio            This Regulation shall enter into force on the third
to the withdrawal price, as and when the quality of             day following its publication in the Official Journal
the product' withdrawn from the market falls ;                  of the European Communities.
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States .
              Done at Brussels, 15 November 1971 .
                                                                                     For the Commission
                                                                                        The President
                                                                                   Franco M. MALFATTI
1 OJ No L 236, 27.10.1970, p . 5 .