31974R0665

29 . 3 . 74 Official Journal of the European Communities No L 85/ 57

REGULATION (EEC) No 665 /74 OF THE COUNCIL of 28 March 1974 fixing the threshold prices for certain milk products for the 1974/75 milk year

THE COUNCIL OF THE EUROPEAN HAS ADOPTED THIS REGULATION : COMMUNITIES, Article 1 Having regard to the Treaty establishing the European Economic Community ; 1 . The threshold prices for the 1974/75 milk year shall be fixed as follows : Having regard to Council Regulation (EEC) No Pilot product of the 804/68 (^ of 27 June 1968 on the common organiza­ group of products u.a. per 1 00 kg tion of the market in milk and milk products, as last 1 23-30 amended by Regulation (EEC) No 662/74 (2), and in 2 92-00 particular Article 4 thereof ; 3 131-70 Having regard to the proposal from the Commission ; 4 53-05 5 71-50 Whereas threshold prices must be fixed at such a level 6 191-15 that the prices of imported milk products correspond 7 192-00 to the target price for milk, allowance being made for 8 162-70 the protection necessary for the Community 9 257-65 processing industry ; whereas, consequently, the thres­ 10 174-15 hold price should be fixed on the basis of the target 11 159-05 price for milk, taking into account the relationship 12 45-50 which it is desired to establish between the value of milkfat and that of skimmed milk, as well as the stand­ 2. The pilot products referred to in paragraph 1 are ardized costs and yields for each of the milk products those defined in Annex I to Council Regulation (EEC) in question ; whereas a fixed amount should be No 823/68 (3) of 28 June 1968 determining the included for the adequate protection of the Commu­ groups of products and the special provisions for calcu­ nity processing industry ; lating levies on milk and milk products, as last amended by Regulation (EEC) No 664/74 (4). Whereas threshold prices should be fixed for the trading stage at which imported milk products first Article 2 come into competition with milk products manufac­ tured in the Community, i.e. the 'delivered free This Regulation shall enter into force on 1 April wholesaler' stage, 1974 .

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

Done at Brussels, 28 March 1974.

For the Council The President J. ERTL

(») OJ No L 148 , 28 . 6 . 1968 , p. 13 . (3 ) OJ No L 151 , 30 . 6 . 1968 , p . 3 . (2) See p. 51 of this Official Journal . (4) See p. 54 of this Official Journal .