CELEX: 31974R2684
Language: en
Date: 1974-10-21 00:00:00
Title: Regulation (EEC) No 2684/74 of the Council of 21 October 1974 on aid from the Guidance Section of the European Agricultural Guidance and Guarantee Fund for 1974

25 . 10 . 74                              Official Journal of the European Communities                               No L 288 / 5
                                 REGULATION ( EEC) No 2684/74 OF THE COUNCIL
                                                        of 21 October 1974
               on aid from the Guidance Section of the European Agricultural Guidance and
                                                     Guarantee Fund for 1974
THE COUNCIL OF THE EUROPEAN                                          and without , prejudice to the third indent of that
COMMUNITIES,                                                         subparagraph , as amended by Article 2 of this Regula­
                                                                     tion , aid from the Guidance Section of the European
 Having regard to the Treaty establishing the European               Agricultural Guidance and Guarantee Fund may be
 Economic Community, and in particular Article 43                    up to 45 % of the amount of the investment for
thereof ;
                                                                     certain projects submitted for 1974 which meet the
 Having regard to the proposal from the Commission ;                 conditions of Article 11 ( 1 ) (a) and (b) of the said Regu­
                                                                     lation .
 Having regard to the Opinion of the European Parlia­
 ment ;
"Whereas it is desirable as in previous years to increase                                        Article 2
to 45 % the maximum possible aid from the Euro­
 pean Agricultural Guidance and Guarantee Fund to
 projects relating to production structures submitted                The third indent of the first subparagraph of Article
 for 1 974 which satisfy the requirements of Council                 18(1 ) of Regulation No 17/ 64/ EEC is replaced by the
 Regulation No 17/64/ EEC (') of 5 February 1964 on                  following :
 the conditions for granting aid from the European
Agricultural Guidance and Guarantee Fund , as last                        '— however, for projects submitted for 1971 ,
 amended by Regulation ( EEC) No 2809/73 (2) ;                                 1972 , 1973 and 1974 the financial contribu­
whereas, however, the present difficulties on the                              tion of the party benefiting from the improve­
 markets in certain agricultural products justify aid in                       ment shall not be less than :
 excess of 25 % of the amount of investments for
 some projects only ;                                                          — 20 % for projects relating to production
                                                                                   structures , and
 Whereas provision should also be made for the
 amount of the financial contribution from the benefi­                         — 38 % for projects relating to marketing
 ciary to vary according to whether the project relates                            structures .'
 to the structures of marketing or of production ,
 HAS ADOPTED THIS REGULATION :                                                                   Article J
                             Article 1
                                                                     This Regulation shall enter into force on the third day
 In derogation from the first indent of the first subpara­           following its publication in the Official journal of
 graph of Article 18(1 ) of Regulation No 17/ 64/ EEC,               the European Communities.
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
                Done at Luxembourg, 21 October 1974 .
                                                                                   l :or the Council
                                                                                      The President
                                                                                      Ch . BONNET
 (') OJ No 34, 27 . 2 . 1964, p. 5X6 / 64 .
 ( 2 ) OJ No L 290 , 17 . 10 . 1973 , p. 1 .