CELEX: 31995R1267
Language: en
Date: 1995-05-29 00:00:00
Title: Council Regulation (EC) No 1267/95 of 29 May 1995 amending Regulation (EEC) No 1332/92 introducing specific measures for table olives

Avis juridique important

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31995R1267

Council Regulation (EC) No 1267/95 of 29 May 1995 amending Regulation (EEC) No 1332/92 introducing specific measures for table olives  

Official Journal L 123 , 03/06/1995 P. 0004 - 0004

COUNCIL REGULATION (EC) No 1267/95  of 29 May 1995 amending Regulation (EEC) No 1332/92 introducing specific measures for table olivesTHE COUNCIL OF THE EUROPEAN UNION, Having regard to the Treaty establishing the European Community, and in particular Article 43  thereof, Having regard to the proposal from the Commission, Having regard to the opinion of the European Parliament  (1), Whereas Regulation (EEC) No 1332/92  (2) provides for aid, with a financial contribution from the  Community, for the constitution of working capital intended to stabilize supply by ensuring in  particular the financing of storage required for the suitable release to the market of the product;  whereas, for the purposes of granting that aid, the cooperatives and associations thereof in the  sector concerned are to be considered, for a maximum period of three years, as being equivalent to  the producer groups or associations thereof; Whereas, given the existing situation in the producing Member States, the period of three years has  proven to be insufficient to allow all the cooperatives and associations thereof concerned to  complete transformation into the groups or associations thereof referred to; whereas, as a result,  in order to prevent interruption in the financing of the working capital and to enable the said  transformations to be completed, that time limit should be extended by a year, HAS ADOPTED THIS REGULATION: Article 1 In Article 3 (3) of Regulation (EEC) No 1332/92, 'three years` is  hereby replaced by 'four years`. Article 2 This Regulation shall enter into force on the third 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 Brussels, 29 May 1995. For the Council The President Ph. VASSEUR