Regulation (EEC) No 989/68 of the Council of 15 July 1968 laying down general rules for granting private storage aid for beef and veal

REGULATION (EEC) No 989/68 OF THE COUNCIL  of 15 July 1968  laying down general rules for granting private storage aid for beef and veal
THE COUNCIL OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community;
Having regard to Council Regulation (EEC) No 805/68 1 of 27 June 1968 on the common organisation of the market in beef and veal, and in particular Articles 8 (1) and 14 (3) thereof;
Having regard to the proposal from the Commission;
Whereas Regulation (EEC) No 805/68 makes provision for intervention for beef and veal in the form of private storage aid;
Whereas the functioning of such a system of aid can be facilitated through the conclusion of contracts with intervention agencies;
Whereas, in order to achieve the purposes of the aid as defined in Regulation (EEC) No 805/68, its amount should be fixed with reference to the costs of storage ; whereas, to that end, two methods should be provided for fixing that amount ; whereas in both cases the granting of aid should be so effected as not to discriminate between applicants established in the Community;
Whereas the entitlement arising from the application of the provision of Article 14 (3) (b) (aa) of Regulation (EEC) No 805/68 should be confined to contracts for aid whose amount has taken account of that entitlement ; whereas in such a case, the reduction in the amount of the aid may be offset by the advantage of importing with total suspension of the levy;
Whereas there should be suitable provision for cases where the market situation in the products in question necessitates the alteration of the terms of future contracts or of the period of storage specified in existing contracts;