31971R0173

Official Journal of the European Communities 47

29.1.71 Official Journal of the European Communities No L 23 / 17

REGULATION (EEC) No 173/71 OF THE COUNCIL

of 26 January 1971 laying down general rules for determining the percentage of the guide price to be used to calculate the withdrawal price for certain fishery products

THE COUNCIL OF THE EUROPEAN COMMUNITIES , Regulation (EEC) No 2142/70 is being fixed, the following shall be taken into account : Having regard to the Treaty establishing the European Economic Community ; — the specific conditions under which the product Having regard to Council Regulation (EEC) No concerned is caught and, in particular, the 2142/701 of 20 October 1970 on the common economic importance of that product to the organisation of the market in fishery products, and in producer; particular Article 10 (4) thereof; — the average range of price fluctuations recorded Having regard to the proposal from the Commission; on representative wholesale markets or in representative ports in relation to the average Whereas the application of a withdrawal price, below monthly price which reflects a normal situation which producer's organisations withdraw their on the same markets and in the same ports during members' produce from the market, helps to stabilise the last three fishing years, allowance being made prices ; for the influence of any factors which are extraneous to natural price formation mechanism; Whereas, for those products for which a guide price is to be fixed, the withdrawal price must lie within — the seasonal nature of production as shown by an predetermined limits related to the guide price; examination of the situation on representative markets or in representative ports over a Whereas the withdrawal price has a direct and sufficiently representative period of time; continual influence on the formation of prices on the markets; whereas the characteristics peculiar to each — the structure of supply and demand and, in market, in particular the main factors influencing particular, the conditions under which the market price formation and the interaction of these factors, can be kept regularly supplied. must be taken into account when it is being fixed;

HAS ADOPTED THIS REGULATION : Article 2 Article 1 This Regulation shall enter into force on the third When the percentage of the guide price referred to in day following its publication in the Official Journal the second subparagraph of Article 10 (4) of of the European Communities.

This Regulation Shall be binding in its entirety and directly applicable in all Member States . Done at Brussels, 26 January 1971 .

For the Council

The President

M. COINTAT

1 OJ No L 236, 27.10.1970, p . 5 .