Council Regulation (EEC) No 763/89 of 20 March 1989 amending Regulation (EEC) No 804/68 on the common organization of the market in milk and milk products

COUNCIL  REGULATION (EEC) No 763/89
of 20 March 1989
amending Regulation (EEC) No 804/68 on the common organization of the market in milk and milk products
THE COUNCIL OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community, and in particular Article 43 thereof,
Having regard to the proposal from the Commission (1),
Having regard to the opinion of the European Parliament (2),
Having regard to the opinion of the Economic and Social Committee (3),
Whereas Article 5c (1a) of Regulation (EEC) No 804/68 (4), as last amended by Regulation (EEC) No 1109/88 (5), allows Member States to authorize temporary and partial transfers of reference quantities; whereas this facility was introduced specifically to deal with a drop in production; whereas the possibility that temporary transfers could be used for speculative purposes must be covered and limits set to the use of such transfers,