31974R1570

22 . 6 . 74 Official Journal of the European Communities No L 167 / 29

REGULATION ( EEC) No 1570 / 74 OF THE COMMISSION of 21 June 1974 amending Regulation (EEC) Nos 1259/ 72 and 218 /74 concerning monetary compensatory amounts applicable for butter sold at a reduced price to certain Community processing undertakings

THE COMMISSION OF THE EUROPEAN note (4) relating to Part 5 of Annex I to Commission COMMUNITIES , Regulation (EEC) No 21 8/74 (7) of 25 January 1974 fixing the monetary compensatory amounts and Having regard to the Treaty establishing the European certain rates for their application , as last amended by Economic Community ; Regulation ( EEC) No 1485/74 ( 8) ; whereas the coeffi­ Having regard to Council Regulation (EEC) No cient for the United Kingdom can be maintained in 804/ 68 (') of 27 June 1968 on the common organiza­ view of the move towards alignment of prices which tion of the market in milk and milk products , as last occurred at the beginning of the milk year for 1 974/75 ; amended by Regulation (EEC) No 662/74 (2), and in particular Article 6 (7) thereof ; Whereas the measures provided for in this Regulation Having regard to Council Regulation ( EEC) No are in accordance with the Opinion of the Manage­ ment Committee for Milk and Milk Products , 974/71 (3 ) of 12 May 1971 on certain measures of conjunctural policy to be taken in agriculture following the temporary widening of the margins of HAS ADOPTED THIS REGULATION : fluctuation for the currencies of certain Member States, as last amended by Regulation (EEC) No Article 1 3450/73 (4), and in particular Article 6 thereof ; In Article 20 (a) of Regulation ( EEC) No 1259/72, the Whereas Commission Regulation (EEC) No coefficient '0-4' is replaced by the coefficient '0-5'. 1 259/72 (5) of 16 June 1972 on the disposal of butter at a reduced price to certain Community processing Article 2 undertakings, as last amended by Regulation (EEC) No 1241 /74 ( 6), provides that to take account of the In footnote (4) to Part 5 of Annex I to Regulation value of the products concerned the monetary (EEC) No 218 /74, the coefficient '0-4' in the indent compensatory amounts applicable to sales of butter referring to Regulation ( EEC) No 1259 /72 is replaced sold under that Regulation are to be multiplied by the by the coefficient '0-5'. coefficient 0-4 and in the case of the United Kingdom , the coefficient 0-8 ; whereas the coefficient Article 3 0-4 should be adjusted in order to take account of the increase in the minimum price fixed for butter sold This Regulation shall enter into force on 24 June 1974 . under that Regulation , and in consequence adapt foot­

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

Done at Brussels , 21 June 1974 . For the Commission The President

Francois-Xavier ORTOLI

(') OJ No L 148 , 28 . 6 . 1968 , p. 13 . (2) OJ No L 85 , 29 . 3 . 1974, p. 51 . I3) 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 . (b) OJ No L 134 , 17 . 5 . 1974, p. 35 . (8) OJ No L 161 , 17 . 6 . 1974, p. 1 .