Commission Regulation (EC) No 1419/96 of 22 July 1996 fixing the amount of the private storage aid for the squid Loligo patagonica

COMMISSION REGULATION (EC) No 1419/96 of 22 July 1996 fixing the amount of the private storage aid for the squid Loligo patagonica
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Community,
Having regard to Council Regulation (EEC) No 3759/92 of 17 December 1992 on the common organization of the market in fishery and aquaculture products (1), as last amended by Regulation (EC) No 3318/94 (2), and in particular Article 16 thereof,
Whereas Commission Regulation (EC) No 1690/94 (3) lays down detailed rules of application of Regulation (EEC) No 3259/92 for the granting of private storage aid for certain fishery products;
Whereas Commission Regulation (EC) No 2896/94 (4) establishes the rates of interest to be used for calculating the costs of financing intervention measures comprising buying in, storage and disposal, i.e. 6 %;
Whereas the average price for the squid Loligo patagonica has been below 85 % of its guide price for a significant period;
Whereas it is therefore necessary to fix the amount of the private storage aid for the product concerned;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Fishery Products,