Commission Regulation (EEC) No 521/86 of 27 February 1986 derogating temporarily from Regulation (EEG) No 685/69 as regards the day on which butter bought in by intervention agencies is taken over

COMMISSION  REGULATION (EEC) No 521/86
of 27 February 1986
derogating temporarily from Regulation (EEG) No 685/69 as regards the day on which butter bought in by intervention agencies is taken over
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation (EEC) No 804/68 of 27 June 1968 on the common organization of the market in milk and milk products (1), as last amended by Regulation (EEC) No 3768/85 (2), and in particular the first subparagraph of Article 5a thereof,
Whereas heavy buying in of butter has been one of the major features of the last few weeks; whereas this situation is far from normal for the time of the year, in view of the seasonal nature of milk production; whereas it is a situation which appears to have been brought about as a result of the announcement of the Commission's proposal to lower the intervention price for butter for the 1986/87 milk year;
Whereas temporary measures designed to prevent speculative sales of the butter into intervention should be adopted by derogating, until the end of the 1985/86 milk year, from Commission Regulation (EEC) No 685/69 of 14 April 1969 on detailed rules of application for intervention on the market in butter and cream (3), as last amended by Regulation (EEC) No 2576/85 (4);
Whereas the Management Committee for milk and milk products has not delivered an opinion within the time limit set by its chairman,