31974R2719

26 . 10 . 74 Official Journal of the European Communities No L 289 / 39

REGULATION ( EEC) No 2719/74 OF THE COMMISSION of 25 October 1974 amending Regulation (EEC) No 1895/74 following the fixing of a new representa­ tive rate for the Italian lira

THE COMMISSION OF THE EUROPEAN Whereas for the calculation of that corrective factor COMMUNITIES, the representative rate applicable on 22 July 1974 was used ; whereas, however, Regulation (EEC) No Having regard to the Treaty establishing the European 2670/74 introduced a new representative rate for the Economic Community ; lira with effect from 28 October 1974 ; whereas it is Having regard to Council Regulation (EEC) No therefore necessary to adjust the corrective factor in 974/74 (*) of 12 May 1971 on certain measures of question to meet the new situation ; conjunctural policy to be taken in agriculture Whereas the measures provided for in this Regulation following the widening of the margins of fluctuation are in accordance with the Opinion of the Manage­ for the currencies of certain Member States, as last ment Committee for Wine, amended by Regulation (EEC) No 2497/74 (2), and in particular Article 6 thereof ; HAS ADOPTED THIS REGULATION : Whereas Council Regulation (EEC) No 2958/73 (3) of 31 October 1973, as last amended by Regulation Article 1 (EEC) No 2670/74 (4), fixed a representative conver­ The text of Article 5 of Regulation (EEC) No 1895/74 sion rate for the Italian lira to apply in agriculture with effect from 28 October 1974 ; is replaced by the following : 'Amounts of private storage aid for wine granted Whereas Commission Regulation (EEC) No pursuant to Article 6 (3) of Regulation (EEC) No 1 895/74 (5) of 19 July 1974 defining additional 1437/70 shall be multiplied by the factor 0-8866'. measures to be taken in agriculture following the fixing, with effect from 22 July 1974, of a new repre­ Article 2 sentative rate for the Italian lira made provision for a corrective factor to be applied to private storage aid This Regulation shall enter into force on 28 October for wine ; 1974 .

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

Done at Brussels, 25 October 1974. For the Commission

The President Francois-Xavier ORTOLI

(!) OJ No L 106, 12. 5 . 1971 , p. 1 . (2) OJ No L 268 , 3 . 10 . 1974, p. 5 . (3) OJ No L 303 , 1 . 11 . 1973 , p. 1 . («) OJ No L 286, 23 . 10 . 1974, p. 1 . (5 ) OJ No L 200 , 22. 7. 1974, p. 24.