CELEX: 31975R0537
Language: en
Date: 1975-02-28 00:00:00
Title: Regulation (EEC) No 537/75 of the Commission of 28 February 1975 amending Regulation (EEC) No 2778/74 on the granting at a standard rate fixed in advance of private storage aid for beef

3.3.75                                  Official Journal of the European Communities                         No L 56/33
                                 REGULATION (EEC) No 537/75 OF THE COMMISSION
                                                     of 28 February 1975
              amending Regulation (EEC) No 2778/74 on the granting at a standard rate fixed in
                                            advance of private storage aid for beef
THE COMMISSION OF THE EUROPEAN                                     absence of and pending adoption of such rules, by
COMMUNITIES,                                                       the rules of the Member State concerned, in which the
                                                                   amount involved in the transaction becomes due
Having regard to the Treaty establishing the Euro­                 and payable ;
pean Economic Community;
                                                                   Whereas, in the case of private storage aid for beef,
Having regard to Council Regulation (EEC) No 805/                  the conversion rate to be used for the purpose of
68 i1 ) of 27 June 1968 on the common organization                 calculating the amount of such aid in the national
of the market in beef and veal, as last amended by                 currency should be the rate obtaining at the time of
Regulation (EEC) No 1855 /74 (2), and in particular                the conclusion of the relevant contract for private
Article 8 (2) theroef;                                             storage ;
Whereas under the first subparagraph of Article 4 (2)              Whereas the measures provided for in this Regulation
of Commission Regulation (EEC) No 2778/74 (3) of                   are in accordance with the Opinion of the Manage­
31 October 1974 on the granting at a standard rate                 ment Committee for Beef and Veal,
fixed in advance of private storage aid for beef, as
amended by Regulation (EEC) No 259/75 (4), meat                    HAS ADOPTED THIS REGULATION :
withdrawn from store prior to termination of the
storage period must be exported within five working                                        Article 1
days of such withdrawal ; whereas experience has
shown that this is too short a period; whereas it                  In the first subparagraph of Article 4 (2) of Regu­
should therefore be lengthened;                                    lation (EEC) No 2778/74, the words 'within five
                                                                   working days' are replaced by 'within 10 working
Whereas, under Article 4 (2) of Council Regulation                 days'.
(EEC) No 1134/68 (5) of 30 July 1968 laying down
rules for the implementation of Regulation (EEC)                                           Article 2
No 653 /68 on conditions for alterations to the value
of the unit of account used for the common agricul­                The following Article is inserted after Article 8 a of
tural policy, for transactions carried out within the              Regulation (EEC) No 2778/74:
framework of the common agricultural policy, the
sums owed by a Member State or a duly authorized                       'Article 8b
body, expressed in national currency and represen­
ting amounts fixed in units of account, are to be                      The event within the meaning of Article 6 of
paid on the basis of the relationship between the                      Regulation (EEC) No 1134/68 giving entitlement
unit of account and the national currency which                        to aid for private storage shall be regarded as
obtained at the time when the transaction or part­                     occurring on the date on which the relevant
transaction was carried out;                                           contract is concluded .'
Whereas Article 6 of that Regulation provides that                                          Article 3
the time when a transaction is carried out is to be
considered as being the date on which occurs the                   This Regulation shall enter into force on 3 March
event, as defined by Community rules or, in the                     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. LARD IN O IS
                                                                                Member of the Commission
(*) OJ No L 148, 28 . 6. 1968, p. 24.
(2) OJ No L 195, 18 . 7. 1974, p. 14.
(3) OJ No L 294, 1 . 11 . 1974, p. 73 .
(4) OJ No L 27, 1 . 2. 1975, p. 38 .
(5) OJ No L 188 , 18 . 1 . 1968, p. 1 .