Document ID: 31987R0966

*****
COMMISSION REGULATION (EEC) No 966/87
of 2 April 1987
altering the monetary compensatory amounts in the beef and and veal sector and amending Regulation (EEC) No 3153/85
THE COMMISSION OF THE EUROPEAN COMMUNITIES,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation (EEC) No 1677/85 of 11 June 1985 on monetary compensatory amounts in agriculture (1), as last amended by Regulation (EEC) No 90/87 (2), and in particular Articles 9 (2) and 12 thereof,
Whereas Commission Regulation (EEC) No 119/87 (3), as last amended by Regulation (EEC) No 721/87 (4), fixes the monetary compensatory amounts introduced by Regulation (EEC) No 1677/85;
Whereas Council Regulation (EEC) No 1678/85 (5), as last amended by Regulation (EEC) No 409/87 (6), fixes the conversion rates to be applied in agriculture;
Whereas, following the adoption of Council Regulation (EEC) No 653/87 (7), which applies to Spain the common prices in the beef and veal sector, the monetary compensatory amounts for Spain should be adjusted;
Whereas, pursuant in particular to Commission Regulation (EEC) No 827/87 (8), a new intervention system based on an intervention price of 344 ECU per 100 kg for R3 carcases of male animals was introduced with effect from 6 April 1987; whereas the method used for calculating monetary compensatory amounts in the beef and veal sector should therefore be adjusted;
Whereas Commission Regulation (EEC) No 3153/85 (9) lays down the detailed rules for the calculation of the monetary compensatory amounts; whereas, in the light of the change in the intervention system, the wording of Article 4 (3) (b) of Regulation (EEC) No 3153/85 should also be amended;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Beef and Veal,
HAS ADOPTED THIS REGULATION:
Article 1
Part 3 of Annex I to Regulation (EEC) No 119/87 is hereby replaced by that set out in the Annex to this Regulation.
Article 2
Article 4 (3) (b) of Regulation (EEC) No 3153/85 is hereby replaced by the following:
'(b) in the beef and veal sector, the monetary compensatory amount shall be calculated on the basis of the intervention price for R3 carcases of male animals in the Member State concerned, less 15 %'.
Article 3
This Regulation shall enter into force on the day of its publication in the Official Journal of the European Communities.
It shall apply from 6 April 1987, save where:
- the monetary compensatory amounts are altered in the light of changes in the exchange rates referred to in Article 5 (2) (b) of Regulation (EEC) No 1677/85,
- a decision by the Council regarding prices.
This Regulation shall be binding in its entirety and directly applicable in all Member States.
Done at Brussels, 2 April 1987.

Labels: 6