Council Regulation (EEC) No 1374/92 of 21 May 1992 amending Regulation (EEC) No 1079/77 in respect of the co-responsibility levy on milk and milk products

COUNCIL REGULATION (EEC) No 1374/92 of 21 May 1992 amending Regulation (EEC) No 1079/77 in respect of the co-responsibility levy on milk and milk products
THE COUNCIL OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community, and in particular Article 43 thereof,
Having regard to the proposal from the Commission (1),
Having regard to the opinion of the European Parliament (2),
Having regard to the opinion of the Economic and Social Committee (3),
Whereas Regulation (EEC) No 1079/77 (4) introduced a co-responsibility levy to apply until the end of the 1991/92 milk year and covering, in principle, all milk supplied to dairies and certain sales of milk products at the farm;
Whereas the object of that levy was to achieve better balance on the market for milk by establishing a more direct link between production and the possibilities of disposing of milk products, in view of the importance of the public interests involved;  whereas the data and forecasts at present available show that the abovementioned objectives will probably not be attained before the end of the period laid down; whereas the application of that Regulation should therefore be extended for the 1992/93  milk year;
Whereas the trend on the market situation is such that the rate of the levy for the 1992/93 milk year should be maintained at 1,5 % of the target price for milk,