Council Regulation (EEC) No 429/77 of 14 February 1977 amending Regulation (EEC) No 98/69 laying down general rules for the disposal of frozen beef and veal bought by intervention agencies

COUNCIL REGULATION (EEC) No 429/77  of 14 February 1977  amending Regulation (EEC) No 98/69 laying down general rules for the disposal of frozen beef and veal bought by intervention agencies
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 of 27 June 1968 on the common organization of the market in beef and veal (1), as last amended by Regulation (EEC) No 425/77 (2), and in particular Article 7 (2) thereof,
Having regard to the proposal from the Commission,
Whereas, since the adoption of Council Regulation (EEC) No 98/69 of 16 January 1969 laying down general rules for the disposal of frozen beef and veal bought by intervention agencies (3), the system of intervention buying and the system of trade with non-member countries have both been changed;
Whereas in recent years the situation on the market in beef and veal has been marked by massive and continual intervention buying ; whereas the resulting stocks have led to various new measures for disposal of the products concerned;
Whereas such practice and the changes made to the common organization of the market in beef and veal by Regulation (EEC) No 425/77 require that Regulation (EEC) No 98/69 be adjusted, in particular, as regards disposal where market prices are lower than the intervention price,