Document ID: 31990R1841

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COMMISSION REGULATION (EEC) No 1841/90
of 29 June 1990
amending Regulation (EEC) No 1569/77 fixing the procedure and conditions for the taking-over of cereals by intervention agencies
THE COMMISSION OF THE EUROPEAN COMMUNITIES,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation (EEC) No 2727/75 of 29 October 1975 on the common organization of the market in cereals (1), as last amended by Regulation (EEC) No 1340/90 (2), and in particular Article 7 (6) thereof,
Whereas Commission Regulation (EEC) No 1569/77 of 13 July 1977 fixing the procedure and conditions for the taking-over of cereals by intervention agencies (3), as last amended by Regulation (EEC) No 1022/90 (4), provides in particular that goods delivered to intervention must be paid for between the 110th and 115th day following that of takeover;
Whereas interest rates show substantial differences between the Member States; whereas, in these circumstances, a relatively lengthy credit period results in differences in support for the market of cereals depending on the Member State; whereas, for the sake of sound management of the market, that period should be shortened;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Cereals,
HAS ADOPTED THIS REGULATION:
Article 1
Article 4 (2) of Regulation (EEC) No 1569/77 is hereby replaced by the following:
'4. Payment shall be made between the 30th and the 35th day following the date of takeover.'
Article 2
This Regulation shall enter into force on the day of its publication in the Official Journal of the European Communities.
It shall apply from the 1990/91 marketing year.
This Regulation shall be binding in its entirety and directly applicable in all Member States.
Done at Brussels, 29 June 1990.

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