Commission Regulation (EEC) No 241/79 of 8 February 1979 amending Regulation (EEC) No 467/77 on the method and the rate of interest to be used for calculating the costs of financing intervention measures comprising buying in, storage and disposal

COMMISSION REGULATION (EEC) No 241/79  of 8 February 1979  amending Regulation (EEC) No 467/77 on the method and the rate of interest to be used for calculating the costs of financing intervention measures comprising buying in, storage and disposal
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation (EEC) No 729/70 of 21 April 1970 on the financing of the common agricultural policy (1), as last amended by Regulation (EEC) No 2788/72 (2), and in particular Article 3 (2) thereof,
Having regard to Council Regulation (EEC) No 786/69 of 22 April 1969 on the financing of intervention expenditure in respect of the internal market in oils and fats (3), as last amended by Regulation (EEC) No 3180/76 (4), and in particular Article 5 (1) (f) thereof,
Having regard to Council Regulation (EEC) No 787/69 of 22 April 1969 on the financing of intervention expenditure in respect of the internal market in cereals and rice (5), as last amended by Regulation (EEC) No 3180/76, and in particular Article 4 (1) (h) thereof,
Having regard to Council Regulation (EEC) No 788/69 of 22 April 1969 on the financing of intervention expenditure in respect of the internal market in pigmeat (6), as last amended by Regulation (EEC) No 3180/76, and in particular Article 5 (1) (f) thereof,
Having regard to Council Regulation (EEC) No 2334/69 of 25 November 1969 on the financing of intervention expenditure in respect of the internal market in sugar (7), as last amended by Regulation (EEC) No 3180/76, and in particular Article 4 (1) (h) thereof,
Having regard to Council Regulation (EEC) No 2305/70 of 10 November 1970 on the financing of intervention expenditure in respect of the internal market in beef and veal (8), as last amended by Regulation (EEC) No 1174/75 (9), and in particular Article 3 (1) (g) thereof,
Having regard to Council Regulation (EEC) No 2306/70 of 10 November 1970 on the financing of intervention expenditure in respect of the internal market in milk and milk products (10), as last amended by Regulation (EEC) No 3139/76 (11), and in particular Articles 4, 5 and 6 (1) (g) thereof,
Having regard to Council Regulation (EEC) No 1697/71 of 26 July 1971 on the financing of intervention expenditure in respect of raw tobacco (12), as last amended by Regulation (EEC) No 330/74 (13), and in particular Article 4 (1) (h) thereof,
Whereas Article 7 of Council Regulation (EEC) No 1883/78 (14) provides that where the products in question experience a depreciation as a result of storage, the financial effect thereof is to be recorded and taken into account at the time of entry into intervention ; whereas the basis for calculating the financing costs which are used in determining the net losses of the intervention agencies is thereby changed;
Whereas the corresponding depreciation must therefore be taken into account when calculating the average value per tonne of the product ; whereas for this reason Commission Regulation (EEC) No 467/77 (15) must be amended;
Whereas the mesure provided for in this Regulation is in accordance with the opinion of the EAGGF Committee,