Regulation (EEC) No 903/74 of the Commission of 17 April 1974 amending Regulation (EEC) No 1726/70 on the procedure for granting the premium for leaf tobacco as regards methods of payment

REGULATION (EEC) No 903/74 OF THE COMMISSION  of 17 April 1974  amending Regulation (EEC) No 1726/70 on the procedure for granting the premium for leaf tobacco as regards methods of payment
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community;
Having regard to Council Regulation (EEC) No 727/70 (1) of 21 April 1970 on the common organization of the market in raw tobacco, as last amended by the Act (2) concerning the Conditions of Accession and the Adjustments to the Treaties, and in particular the first subparagraph of Article 3 (3) thereof;
Whereas Regulation (EEC) No 1726/70 (3), in order to take account of the fact that the first processing and market preparation of tobacco are sometimes very lengthy operations, made it possible for the premium to be paid wholly or partly in advance and allowed the Member States to choose between the two methods of payment;
Whereas, in the light of the experience that has been gained, it appears that the Member States could meet the needs of the various types of purchaser better if they were also able to use both methods of payment at once ; whereas that Regulation should therefore be amended accordingly;
Whereas the measures provided for in this Regulation are in accordance with the Opinion of the Management Committee for Tobacco,