31974R0576

No L 70/24 Official Journal of the European Communities 13 . 3 . 74

REGULATION (EEC) No 576/74 OF THE COMMISSION of 12 March 1974 amending Regulation (EEC) No 1259/72 on the disposal of butter at a reduced price to certain Community processing undertakings

THE COMMISSION OF THE EUROPEAN HAS ADOPTED THIS REGULATION : COMMUNITIES, Having regard to the Treaty establishing the European Article 1 Economic Community ; Having regard to Council Regulation (EEC) No The following sentence is added to the last subpara­ 804/68 (*) of 27 June 1968 on the common organiza­ graph of Article 6 ( 1 ) (c) of Regulation (EEC) No 1259/72 : tion of the market in milk and milk products, as last amended by Regulation (EEC) No 419/74 (2), and in 'However, the processing referred to in (a) and (b) particular Article 6 (7) thereof ; must be completed within two months of the day Having regard to Council Regulation (EEC) No referred to above . . 974/71 (3) of 12 May 1971 on certain measures of conjunctural policy to be taken in agriculture Article 2 following the temporary widening of the margins of fluctuation for the currencies of certain Member States, as last amended by Regulation (EEC) No In Article 20 (a) of Regulation (EEC) No 1259/72 the 3450/73 (4), and in particular Article 6 thereof ; coefficients '0*3' and '0-6' are replaced by the coeffi­ cients '0-4' and '0-8' respectively. Whereas Commission Regulation (EEC) No 1 259/72 (5) of 16 June 1972 on the disposal of butter at a reduced price to certain Community processing Article 3 undertakings, as last amended by Regulation (EEC) No 561 /74 (6), provides that to take account of the In footnote (4) to Part 5 of Annex I to Commission value of the products concerned the monetary Regulation (EEC) No 21 8/74 (7) of 25 January 1974 compensatory amounts applicable to sales of butter fixing the monetary compensatory amounts and sold under that Regulation are to be multiplied by certain rates for their application, as last amended by certain coefficients ; whereas those coefficients should Regulation No 554/74 (8), the coefficients '0-3' and be adjusted in order to take account of the increase in '0-6' in the indent referring to Regulation (EEC) No the minimum price fixed for butter sold under that 1259/72 are replaced by the coefficients '0-4' and '0-8' Regulation ; respectively. Whereas the said Regulation provides that butter must be processed into finished products withip six months Article 4 of the day of removal from storage ; whereas it is necessary that within that period a time limit should This Regulation shall enter into force on 13 March be set for concentrating and denaturing the butter ; 1974 . whereas having regard to the processing capacity of the industry that the time limit may be set at two However, where the person concerned so requests months ; Article 1 shall not apply, in respect of obligations Whereas the measures provided for in this Regulation arising under contracts awarded pursuant to individual are in accordance with the Opinion of the Manage­ invitations to tender organized before the date of entry ment Committee for Milk and Milk Products, into force of this Regulation .

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

Done at Brussels, 12 March 1974. For the Commission The President Francois-Xavier ORTOLI

(>) OJ No L 148 , 28 . 6. 1968 , p. 13 . (2) OJ No L 49, 21 . 2. 1974, p. 2. (J) OJ No L 106, 12. 5 . 1971 , p. 1 . (<) OJ No L 353, 22. 12. 1973 , p. 25 . (5) OJ No L 139, 17 . 6. 1972, p. 18 . (7) OJ No L 24, 28 . 1 . 1974, p. 1 . (6) OJ No L 67, 9 . 3 . 1974, p . 17. (8) OJ No L 68 , 11 . 3 . 1974, p. 1 .