31974R2602

No L 277/ 36 Official Journal of the European Communities 12 . 10 . 74

REGULATION ( EEC) No 2602 /74 OF THE COMMISSION of 10 October 1974 altering the monetary compensatory amounts

THE COMMISSION OF THE EUROPEAN a basis when the monetary compensatory amounts COMMUNITIES , were last fixed ;

Having regard to the Treaty establishing the European Whereas, however, in the specific case of Italy, Article Economic Community ; 4 (2) of the said Regulation means that taking into account the trend of spot market rates no compensa­ Having regard to Council Regulation ( EEC) No tory amount is fixed except for wine products ; 974/71 (') of 12 May 1971 on certain measures of whereas Council Regulation ( EEC) No 2958 / 73 ( 6) of conjunctural policy to be taken in agriculture 31 October 1973 , as last amended by Regulation following the temporary widening of the margins of ( EEC) No 1 847/ 74 (7), fixed a number of representa­ fluctuation for the currencies of certain Member tive conversion rates for the Italian lira to be applied States, as last amended by Regulation (EEC) No in agriculture ; whereas, for wine, the effects of these 2497/74 (2 ), and in particular Article 3 thereof ; rates will in certain matters not be felt until 16 Whereas the monetary compensatory amounts intro­ December 1974 ; whereas the activating prices appli­ duced by Regulation ( EEC) No 974/71 were fixed by cable in Italy have consequently been fixed at a lower Commission Regulation ( EEC) No 2547/74 (3) of 4 level than would result from the use of these represen­ October 1974 ; tative rates ; whereas this should be borne in mind in fixing the monetary compensatory amounts, Whereas under Article 3 of Regulation (EEC) No 974/71 , the monetary compensatory amounts must be altered if the difference referred to in Article 2 ( 1 ) of HAS ADOPTED THIS REGULATION : that Regulation changes by one point or more from the percentage taken as a basis for the preceding deter­ Article 1 mination ; whereas the compensatory amounts must be altered in accordance with the change in this diffe­ 1 . Column Italy of Part 6 of Annex I to Regulation rence ; ( EEC) No 2547/74 is replaced by the column appearing in Annex I to the present Regulation . Whereas detailed rules for the application of Regula­ tion ( EEC) No 974/71 were laid down by Regulation 2. Annex II to Regulation ( EEC) No 2547/74 is ( EEC) No 1463 /73 (4) of 30 May 1973 , as last amended replaced by Annex II to this Regulation . by Regulation .( EEC) No 2521 /74 (5) ; whereas the spot market rates recorded for the Italian lira pursuant to Article 2 Regulation ( EEC) No 1463 /73 during the period 2 to 8 October 1 974 show that the difference has changed This Regulation shall enter into force on 14 October by more than one point from the percentage taken as 1 974 .

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

Done at Brussels , 10 October 1974 .

For the Commission P.J. LARDINOIS Men} her of the Commission

(') OJ No L 106 , 12 . 5 . 1971 , p. 1 . (-) OJ No L 268 , 3 . 10 . 1974 , p. 5 . (-') OJ No L 272 , 7 . 10 . 1974 , p. 1 . (4 ) OJ No L 146 , 4 . 6 . 1973 , p. 1 . (") OJ No L 303 , 1.11 . 1973 , p. 1 . ( s ) OJ No L 270 , 5 . 10 . 1974, p . 70. ( ) OJ No L 195 , 18 . 7 . 1974, p. 1 .

12 . 10 . 74 Official Journal of the European Communities No L 277/ 37

ANNEX 1

PART 6

WINE

Monetary compensatory amounts

Amounts to be granted on imports CCT and charged on exports heading Description No Italy Lit .

ex 22.05 C I and C II Table wine with an actual alcoholic strength of not less — degrees/hi — than 8-5° and a total alcoholic strength not exceeding 15 " as well as imported red and white wines 118 ex 22.05 C I Table wine of the R III type within the meaning of Regu­ — hi — lation ( EEC ) No 945/70 and red wines presented for importation under the name Portugieser 1884 ex 22.05 C I Table wine of the A II and A III types within the meaning of Regulation ( EEC ) No 945/70 and white wines presented for importation under the name Riesling or Sylvaner 2627

ANNEX 11

Coefficients provided for in Article 4 (3 ) of Regulation (EEC) No 1463/73

Italia ( Wine ) 1-030 United Kingdom 1-061 Ireland 1-031 France 1-055