Regulation (EEC) No 837/75 of the Commission of 26 March 1975 amending Regulation (EEC) No 685/69 on detailed rules of application for intervention on the market in butter and cream

REGULATION (EEC) No 837/75 OF THE COMMISSION  of 26 March 1975  amending Regulation (EEC) No 685/69 on detailed rules of application for intervention on the market in butter and cream
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community;
Having regard to Council Regulation (EEC) No 804/68 (1) of 27 June 1968 on the common organization of the market in milk and milk products, as last amended by Regulation (EEC) No 740/75 (2), and in particular Article 6 (7) thereof;
Whereas under Article 4 (2) of Commission Regulation (EEC) No 685/69 (3) of 14 April 1969 on detailed rules of application for intervention on the market in butter and cream, as last amended by Regulation (EEC) No 2517/74 (4), Member States may provide that their intervention agencies are to buy in butter produced during a period of two months preceding the day on which such agencies take over the butter ; whereas, so as to prevent those holding butter from taking advantage of such situation for speculative purposes, it should be stipulated that this provision is not applicable during the two months following a change in the buying-in price for butter;
Whereas Article 8 (2) of Regulation (EEC) No 685/69 lays down, in respect of butter offered for intervention, a standard rate of transport charges for distances exceeding 100 kilometres ; whereas this rate must be adapted to take account of increased transport charges in the Community;
Whereas Articles 6 and 24 of that Regulation specify the various amounts to be allowed in respect of storage charges and the rate of interest for finance costs ; whereas it has proved necessary to alter the amount of these items to take account of changing costs in the Community;
Whereas Article 23 of Regulation (EEC) No 685/69 provides that where a storage contract is sought, the butter or cream involved must have been produced during the 14 days preceding the date on which such butter or cream is taken into storage ; whereas, in view of experience gained in the matter, that period should be extended;
Whereas Article 29 of Regulation (EEC) No 685/69 provides that if the price at which butter is bought in by the intervention agencies is altered, the amount of private storage aid for butter and cream is to be altered also ; whereas the Council has on several occasions agreed that during a specified period preceding the application of a new intervention price a certain amount should be added to the price at which butter sold to intervention agencies is bought in ; whereas it has become apparent that such additional amount should be regarded as constituting a price increase within the meaning of that Article;
Whereas the measures provided for in this Regulation are in accordance with the Opinion of the Management Committee for Milk and Milk Products,