31968R0538

Official Journal of the European Communities 105

3.5.68 Official Journal of the European Communities No L 104/1

REGULATION (EEC) No 538/68 OF THE COUNCIL

of 29 April 1968

amending Regulation No 131/67/EEC as regards the transport costs taken for the cal­ culation of derived intervention prices for cereals

THE COUNCIL OF THE EUROPEAN COMMUNITIES , 131 /67/EEC, to be t'aken for fixing derived inter­ vention prices for the 1968/69 marketing year, began before the entry into force of the common organis­ ation of the market in cereals , and thus the old system Having regard to the Treaty establishing the was in force during part of it; whereas the effect European Economic Community ; of the common organisation of the market on trade will also extend to freight charges ; whereas it is Having regard to Council Regulation No 120/67/ therefore necessary, in order to evaluate precisely the EEC1 of 13 June 1967 on the common organisation information required under the second paragraph of of the market in cereals, and in particular Article 4 Article 2 of Regulation No 131 /67/EEC, to refer (5 ) thereof; to a period in which the new system applies ; whereas, until the markets are finally adapted to Having regard to the proposal from the Com­ the common organisation, the power to derogate mission ; from the second paragraph of Article 22 of Regu­ lation No 131 /67/EEC, in accordance with Article 11 Whereas, in accordance with Article 11 ( 1 ) of Council ( 1 ) of that Regulation, should consequently be Regulation No 131 /67/EEC2 of 12 June 1967 laying extended to the 1968/69 marketing year ; down rules for deriving intervention prices and for determining certain intervention centres for cereals, HAS ADOPTED THIS REGULATION : the provisions of Article 2 of that Regulation may be derogated from when calculating derived intervention Sole Article prices for the 1967/68 marketing year ; whereas it was thus not necessary in that marketing year, when The following shall be substituted for Article 11 ( 1 ) determining inland waterway freight charges not of Regulation No 131 /67/EEC : covered by a tariff, to take into account the lowest average of such charges recorded over a period of ' 1 . When derived intervention prices are being two months selected from the twelve months pre­ determined the provisions of Article 2 may be ceding the month for which the prices are fixed ; derogated from for the 1967/68 marketing year, and those of the second paragraph of that Article Whereas the reference period provided for in the may be derogated from for the 1968 /69 marketing second paragraph of Article 2 of Regulation No year.'

This Regulation shall be binding in its entirety and directly applicable in all Member States .

Done at Luxembourg, 29 April 1968 .

For the Council

The President

E. FAURE

1 OJ No 117 , 19.6.1967, p. 2269/67 . 2 OJ No 120, 21.6.1967 , p. 2362/67 .