CELEX: 31975R1629
Language: en
Date: 1975-06-24 00:00:00
Title: Regulation (EEC) No 1629/75 of the Council of 24 June 1975 setting up a temporary system of aid for the private storage of certain fishery products

No L 165/ 14                             Official Journal of the European Communities                             28 . 6 . 75
                                REGULATION (EEC) No 1629/75 OF THE COUNCIL
                                                         of 24 June 1975
              setting up a temporary system of aid for the private storage of certain fishery
                                                             products                                     -
THE COUNCIL OF THE EUROPEAN                                         fillets of cod and of saithe of , Community origin
COMMUNITIES,                                                        falling within subheadings ex 03.01 B I c) 1 , 03.01 B
Having regard to the Treaty establishing the European               II b) 1 and 03.01 B II b) 2 respectively of the
                                                                    Common Customs Tariff.
Economic Community, and in particular Articles 42
and 43 thereof ;                                                    2. The Council may upon a proposal from the
Having regard to the proposal from the Commission ;                 Commission and on a qualified majority decide to
                                                                   apply the temporary system of aid referred to in para­
Having regard to the Opinion of the European Parlia­               graph 1 to other fishery products of Community
ment ;                                                              origin listed in Annex IV (B) to Regulation (EEC) No
                                                                    2142/70 .
Whereas market prices for frozen tunny, frozen fillets
of cod and frozen fillets of saithe listed in Annexes III
                                                                                           Article 2
(A) and IV (B) to Council Regulation (EEC) No
2142/70 (') of 20 October 1970 on the common organ­                 1.     The aid referred to in Article 1 ( 1 ) shall be
ization of the market in fishery products, as last                 granted for products in storage on 15 May 1975 and
amended by Regulation (EEC) No 1 182/75 (2), are                   which shall be stored for no longer than five months
tending to drop abnormally and difficulties are arising             from that date .
in the disposal of these products, leading to the
build-up of surplus stocks ; and whereas a massive                  2. The decision to extend to products stored after
release of stocks could aggravate the existing situa­               15 May 1975 the system laid down in Article 1 ( 1 )
tion ;                                                              until 31 December 1975 at the latest may be taken
                                                                    until 15 July 1975 where serious difficulties in finding
Whereas in these circumstances provision must be                    outlets and abnormally low price levels persist.
made for appropriate measures ; whereas they should
be defined in scope as well as in time ; whereas to this            3 . Private storage aid may not exceed the technical
end provision should be made for the grant of aid                   cost of storage and interest.
over a period of five months for the private storage of
                                                                                           Article 3
the frozen products in question of Community origin ,
held on 15 May 1975 ; whereas it is advisable to                    The extension of the system of private storage aid,
provide for the possibility of somewhat extending the               provided for in Article 2 (2), as well as the imple­
system , in time and to other products listed in Annex              menting rules of this Regulation, in particular the
IV ( B) to Regulation (EEC) No 2142/70 should the                   amount of aid to be granted and the conditions for
market situation so require it,                                     the release of stocks, shall be adopted in accordance
                                                                    with the procedure laid down in Article 29 of Regula­
HAS ADOPTED THIS REGULATION :                                       tion ( EEC) No 2142/70 .
                            Article 1                                                       Article 4
 1.    A temporary system of private storage aid shall              This Regulation shall enter into force the day
be set up for those producers, processers and whole­                following its publication in the Official Journal of
salers, who on 15 May 1975 hold frozen tunny, frozen                the European Communities.
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States .
              Done at Luxembourg, 24 June 1975 .
                                                                                 For the Council
                                                                                  The President
                                                                                 M. A. CLINTON
(') OJ No L 2.56, 27 . 10 . 1970 , p . 5 .
(-') OJ No L 118 , 8 . 5 . 1975, p . 1 .