Commission Regulation (EEC) No 966/87 of 2 April 1987 altering the monetary compensatory amounts in the beef and and veal sector and amending Regulation (EEC) No 3153/85

COMMISSION  REGULATION (EEC) No 966/87
of 2 April 1987
altering the monetary compensatory amounts in the beef and and veal sector and amending Regulation (EEC) No 3153/85
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation (EEC) No 1677/85 of 11 June 1985 on monetary compensatory amounts in agriculture (1), as last amended by Regulation (EEC) No 90/87 (2), and in particular Articles 9 (2) and 12 thereof,
Whereas Commission Regulation (EEC) No 119/87 (3), as last amended by Regulation (EEC) No 721/87 (4), fixes the monetary compensatory amounts introduced by Regulation (EEC) No 1677/85;
Whereas Council Regulation (EEC) No 1678/85 (5), as last amended by Regulation (EEC) No 409/87 (6), fixes the conversion rates to be applied in agriculture;
Whereas, following the adoption of Council Regulation (EEC) No 653/87 (7), which applies to Spain the common prices in the beef and veal sector, the monetary compensatory amounts for Spain should be adjusted;
Whereas, pursuant in particular to Commission Regulation (EEC) No 827/87 (8), a new intervention system based on an intervention price of 344 ECU per 100 kg for R3 carcases of male animals was introduced with effect from 6 April 1987; whereas the method used for calculating monetary compensatory amounts in the beef and veal sector should therefore be adjusted;
Whereas Commission Regulation (EEC) No 3153/85 (9) lays down the detailed rules for the calculation of the monetary compensatory amounts; whereas, in the light of the change in the intervention system, the wording of Article 4 (3) (b) of Regulation (EEC) No 3153/85 should also be amended;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Beef and Veal,