CELEX: 31975R0698
Language: en
Date: 1975-03-17 00:00:00
Title: Regulation (EEC) No 698/75 of the Commission of 17 March 1975 defining the event in which aid for dehydrated fodder becomes due and payable

18 . 3 . 75                           Official Journal of the European Communities                          No L 69/9
                             REGULATION (EEC) No 698/75 OF THE COMMISSION
                                                      of 17 March 1975
                defining the event in which aid for dehydrated fodder becomes due and payable
THE COMMISSION OF THE EUROPEAN                                   Whereas the event in which aid for dehydrated fodder
COMMUNITIES,                                                     becomes due and payable is the departure of the
                                                                 fodder from the drying plant ; whereas it is possible to
Having regard to the Treaty establishing the European            establish the exact date on which a given lot left the
 Economic Community ;                                            drying plant ; whereas, therefore, in order to ensure
Having regard to Council Regulation (EEC) No                     the uniform operation of the system of aid, the conver­
 1067/74 (*) of 30 April 1974 on the common organiza­            sion rate to be used to calculate the amount of the aid
tion of the market in dehydrated fodder, and in parti­           in national currency should be the rate applicable on
cular Article 3 (5) thereof ;                                    the date on which the fodder leaves the drying plant ;
Whereas Article 4 (2) of Council Regulation (EEC) No             Whereas the measures provided for in this Regulation
 1134/68 of 30 July 1968 laying down rules for the               are in accordance with the Opinion' of the Manage­
implementation of Regulation (EEC) No 653/68 (2) on              ment Committee for Dried Fodder,
conditions for alterations to the value of the unit of
account used for the common agricultural policy
provides that for transactions carried out within the             HAS ADOPTED THIS REGULATION :
framework of the common agricultural policy the
sums owed by a Member State or a duly authorized
                                                                                        Article 1
body, expressed in national currency and representing
amounts fixed in units of account, are to be paid on             The event within the meaning of Article 6 of Regula­
the basis of the relationship between the unit of                tion (EEC) No 1134/68 in which aid for dehydrated
account and the national currency which obtained at
                                                                 fodder becomes due and payable shall be considered
the time when the transaction or part transaction was            to occur on the date on which the dehydrated fodder
carried out ;
                                                                 leaves the drying plant.
Whereas Article 6 of Regulation (EEC) No 1134/68
provides that the time when a transaction is carried                                    Article 2
out is to be considered as being the date on which
occurs the event, as defined by Community rules or,              This Regulation shall enter into force on 1 April
in the absence of and pending adoption of such rules,             1975 .
by the rules of the Member State concerned, in which
the amount involved in the transaction becomes due                It shall apply with effect from the beginning of the
and payable ;                                                     1974/75 marketing year.
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States .
               Done at Brussels, 17 March 1975 .
                                                                           For the Commission
                                                                             P.J. LARDINOIS
                                                                       Member of the Commission
(') OJ No L 120, 1 . 5. 1974, p. 2.
(2) OJ No L 188 , 1 . 8 . 1968, p. 1 .