CELEX: 31974R1570
Language: en
Date: 1974-06-21 00:00:00
Title: Regulation (EEC) No 1570/74 of the Commission of 21 June 1974 amending Regulation (EEC) Nos 1259/72 and 218/74 concerning monetary compensatory amounts applicable for butter sold at a reduced price to certain Community processing undertakings

22. 6 . 74                              Official Journal of the European Communities                           No L 167 / 29
                            REGULATION (EEC) No 1570/74 OF THE COMMISSION
                                                         of 21 June 1974
              amending Regulation (EEC) Nos 1259/72 and 218 /74 concerning monetary
              compensatory amounts applicable for butter sold at a reduced price to certain
                                             Community processing undertakings
THE COMMISSION OF THE EUROPEAN                                     note (4) relating to Part 5 of Annex I to Commission
COMMUNITIES,                                                       Regulation (EEC) No 21 8/74 (7) of 25 January 1974
                                                                   fixing the monetary compensatory amounts and
Having regard to the Treaty establishing the European              certain rates for their application , as last amended by
Economic Community ;                                               Regulation (EEC) No 1485/74 (8) ; whereas the coeffi­
Having regard to Council Regulation (EEC) No                       cient for the United Kingdom can be maintained in
804/ 68 (') of 27 June 1968 on the common organiza­                view of the move towards alignment of prices which
tion of the market in milk and milk products, as last              occurred at the beginning of the milk year for
amended by Regulation (EEC) No 662/74 (2), and in                   1 974/75 ;
particular Article 6 (7) thereof ;                                 Whereas the measures provided for in this Regulation
Having regard to Council Regulation (EEC) No                       are in accordance with the Opinion of the Manage­
974/71 (3 ) of 12 May 1971 on certain measures of                  ment Committee for Milk and Milk Products,
conjunctural policy to be taken in agriculture
following the temporary widening of the margins of                 HAS ADOPTED THIS REGULATION :
fluctuation   for   the   currencies      of  certain  Member
States, as last amended by Regulation (EEC) No                                                Article 1
3450/73 (4), and in particular Article 6 thereof ;
                                                                   In Article 20 (a) of Regulation (EEC) No 1259/72, the
Whereas Commission Regulation (EEC) No
                                                                   coefficient '0-4' is replaced by the coefficient '0-5'.
1 259/72 (5) of 16 June 1972 on the disposal of butter
at a reduced price to certain Community processing
                                                                                              Article 2
undertakings, as last amended by Regulation (EEC)
No 1241 /74 (6), provides that to take account of the              In footnote (4) to Part 5 of Annex I to Regulation
value of the products concerned the monetary                       (EEC) No 218 /74, the coefficient '0-4' in the indent
compensatory amounts applicable to sales of butter                 referring to Regulation ( EEC) No 1259 /72 is replaced
sold under that Regulation are to be multiplied by the             by the coefficient '0-5'.
coefficient   0-4   and    in   the   case     of  the  United
Kingdom , the coefficient 0-8 ; whereas the coefficient                                       Article 3
0-4 should be adjusted in order to take account of the
increase in the minimum price fixed for butter sold                This Regulation shall enter into force on 24 June
under that Regulation , and in consequence adapt foot­              1974 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 21 June 1974.
                                                                               For the Commission
                                                                                  The President
                                                                            Francois-Xavier ORTOLI
(') OJ No L 148 , 28 . 6 . 1968 , p. 13 .
(2) OJ No L 85 , 29 . 3 . 1974, p. 51 .
I3) OJ No L 106, 12. 5. 1971 , p. 1 .
(<) OJ No L 353 , 22 . 12 . 1973 , p. 25 .
(5) OJ No L 139 , 17. 6 . 1972, p. 18 .                            ( 7) OJ No L 24, 28 . 1 . 1974, p. 1 .
(b) OJ No L 134 , 17 . 5 . 1974, p. 35 .                           (8) OJ No L 161 , 17 . 6 . 1974, p. 1 .