Commission Regulation (EEC) No 420/88 of 15 January 1988 amending Regulation (EEC) No 685/69 on detailed rules of application for intervention on the market in butter and cream

COMMISSION  REGULATION (EEC) No 420/88
of 15 January 1988
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 3904/87 (2), and in particular Article (7) thereof,
Whereas Title III of Commission Regulation (EEC) No 685/69 (3), as last amended by Regulation (EEC) No 3724/87 (4), lays down the detailed rules for granting private storage aid for butter and cream; whereas, in view of the stricter additional levy arrangements provided for in Article 5c of Regulation (EEC) No 804/68, which brought about changes both in butter production and in the supply of the market, certain provisions relating on the hand to butter and cream qualifying for the aid and on the other hand to the butter storage period should be adapted;
Whereas the butter may be released from storage after a period of 90 days where it is intended for export; whereas it must be specified that such butter may be withdrawn from storage on completion of the abovementioned period;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Milk and Milk Products,