Council Regulation (EEC) No 777/87 of 16 March 1987 modifying the intervention arrangements for butter and skimmed-milk powder

COUNCIL  REGULATION (EEC) No 777/87
of 16 March 1987
modifying the intervention arrangements for butter and skimmed-milk powder
THE COUNCIL 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 773/87 (2), and in particular the first subparagraph of Article 7a (1) thereof,
Whereas Article 7a of Regulation (EEC) No 804/68 affords the Commission the possibility, until the end of the fifth 12 month period of application of the additional levy arrangements set out in Article 5c of the said Regulation, on the one hand, of suspending intervention buying of butter and skimmed-milk powder on the basis of criteria to be adopted by the Council and, on the other, of adopting special measures for increasing the possibilities of disposing of dairy products not the subject of intervention measures;
Whereas it is appropriate to take into consideration the quantities offered for intervention in order to ascertain the point in time as from which the suspension measure may be decided upon in compliance with the principle of non-discrimination between Community producers; whereas it is appropriate, however, not to take account of quantities offered for intervention before a certain date, in order to set up a transitional period before the suspension measure is activated;
Whereas the possibility should be provided for, should this suspension be implemented, of conducting, nevertheless, intervention buying by means of a tendering procedure; whereas it is also appropriate to provide for other measures which maintain market stability;
Whereas, in view of the unique dependence of Ireland on the dairy sector, full account shall be taken of the importance of intervention purchasing of butter to market stability and producer returns there when decisions are being taken about the suspension of intervention of butter;
Whereas the situation arising from the existence in Spain of a level of prices different form the level of common prices should be taken into account;
Whereas, in order to guarantee some measure of market stability and fair remuneration for milk producers, provision should be made for the resumption of the intervention buying arrangements provided for in Article 6 (1) of Regulation (EEC) No 804/68 when the market prices for butter are lower, by a givern given percentage, than the intervention price,