CELEX: 31971R0777
Language: en
Date: 1971-04-14 00:00:00
Title: Regulation (EEC) No 777/71 of the Council of 14 April 1971 amending certain provisions concerning intervention measures provided for by Regulation No 121/67/EEC on the common organisation of the market in pigmeat

Official Journal of the European Communities                                      219
 No L 85/30                          Official Journal of the European Communities                                 15.4.71
                                 REGULATION (EEC) No 777/71 OF THE COUNCIL
                                                    of 14 April 1971
              amending certain provisions concerning intervention measures provided for by
                 Regulation No 121 /67/EEC on the common organisation of the market in pigmeat
THE COUNCIL OF THE EUROPEAN COMMUNITIES,                        price for pig carcases on representative Community
                                                                markets is still slightly higher than the basic price;
Having regard to the Treaty establishing the
 European Economic Community, and in particular
 Article 43 thereof;                                            HAS ADOPTED THIS REGULATION :
 Having regard to the proposal from the Commission;
                                                                                         Article 1
Having regard to the Opinion of the European
Parliament1 ;                                                   The following shall be substituted for Article 4 (2) of
                                                                Regulation No 121 /67/EEC :
Whereas a Community intervention system was
established for the market in pigmeat by Regulation                 '2 Intervention measures may be taken when, on
No 121/67/EEC,2 as last amended by Regulation                       the representative markets of the Community, the
 (EEC) No 1253/703;                                                 average price for pig carcases is, and is likely to
                                                                    remain, less than 103% of the basic price.'
Whereas experience of the application of this system
 has shown that by the time intervention measures can
 be taken on certain markets, prices are already                                         Article 2
 appreciably lower than the basic price;
                                                                This . Regulation shall enter into force on the day
Whereas it should consequently be provided that                 following its publication in the Official Journal of the
intervention may take place even when the average               European Communities.
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States .
              Done at Brussels, 14 April 1971 .
                                                                                       For the Council
                                                                                        The President
                                                                                        M. COINTAT
1 OJ No C 19, 1.3.1971, p. 38.
2 OJ No 117, 19.6.1967, p. 2283/67.
3 OJ No L 143 , 1.7.1970, p. 1 .