Commission Regulation ( EEC ) No 257/92 of 3 February 1992 amending Regulation ( EEC ) No 685/69 on detailed rules of application for intervention on the market in butter and cream

COMMISSION REGULATION (EEC) No 257/92  of 3 February 1992  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 of 27 June 1968 on the common organization of the market in milk and milk products (1), as last amended by Regulation (EEC) No 1630/91 (2), and in particular Article 6 (7) thereof,
Whereas Title III of Commission Regulation (EEC) No 685/69 (3), as last amended by Regulation (EEC) No 3262/91 (4), lays down detailed rules for the grant of private storage aid for butter and cream; whereas the current situation on the butter and cream  market makes it necessary to amend the dates between which entry into store may take place and the dates on which the storer may remove all or part of the quantities under contract from store;
Whereas Article 24 (3) (c) sets compensation per day of contractual storage calcultaed by reference to the buying-in price and interest rates; whereas, given developments on the money market, one single rate of interest should be introduced;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Milk and Milk Products,