31974R2684

25 . 10 . 74 Official Journal of the European Communities No L 288 / 5

REGULATION ( EEC) No 2684/ 74 OF THE COUNCIL of 21 October 1974 on aid from the Guidance Section of the European Agricultural Guidance and Guarantee Fund for 1974

THE COUNCIL OF THE EUROPEAN and without , prejudice to the third indent of that COMMUNITIES , subparagraph , as amended by Article 2 of this Regula­ tion , aid from the Guidance Section of the European Having regard to the Treaty establishing the European Agricultural Guidance and Guarantee Fund may be Economic Community, and in particular Article 43 up to 45 % of the amount of the investment for thereof ; certain projects submitted for 1974 which meet the Having regard to the proposal from the Commission ; conditions of Article 11 ( 1 ) (a) and (b) of the said Regu­ lation . Having regard to the Opinion of the European Parlia­ ment ; "Whereas it is desirable as in previous years to increase Article 2 to 45 % the maximum possible aid from the Euro­ pean Agricultural Guidance and Guarantee Fund to projects relating to production structures submitted The third indent of the first subparagraph of Article for 1 974 which satisfy the requirements of Council 18(1 ) of Regulation No 17 / 64/ EEC is replaced by the Regulation No 17/ 64/ EEC (') of 5 February 1964 on following : the conditions for granting aid from the European Agricultural Guidance and Guarantee Fund , as last ' — however, for projects submitted for 1971 , amended by Regulation ( EEC) No 2809 / 73 (2) ; 1972 , 1973 and 1974 the financial contribu­ whereas , however, the present difficulties on the tion of the party benefiting from the improve­ markets in certain agricultural products justify aid in ment shall not be less than : excess of 25 % of the amount of investments for some projects only ; — 20 % for projects relating to production structures , and Whereas provision should also be made for the amount of the financial contribution from the benefi­ — 38 % for projects relating to marketing structures .' ciary to vary according to whether the project relates to the structures of marketing or of production ,

HAS ADOPTED THIS REGULATION : Article J

Article 1 This Regulation shall enter into force on the third day In derogation from the first indent of the first subpara­ following its publication in the Official journal of graph of Article 18(1 ) of Regulation No 17/ 64/ EEC, the European Communities.

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

Done at Luxembourg, 21 October 1974 . l :or the Council The President

Ch . BONNET

(') OJ No 34, 27 . 2 . 1964, p. 5X6 / 64 . ( 2 ) OJ No L 290 , 17 . 10 . 1973 , p. 1 .