31975R0698

18 . 3 . 75 Official Journal of the European Communities No L 69/9

REGULATION (EEC) No 698 /75 OF THE COMMISSION of 17 March 1975 defining the event in which aid for dehydrated fodder becomes due and payable

THE COMMISSION OF THE EUROPEAN Whereas the event in which aid for dehydrated fodder COMMUNITIES, becomes due and payable is the departure of the fodder from the drying plant ; whereas it is possible to Having regard to the Treaty establishing the European establish the exact date on which a given lot left the Economic Community ; drying plant ; whereas, therefore, in order to ensure Having regard to Council Regulation (EEC) No the uniform operation of the system of aid, the conver­ sion rate to be used to calculate the amount of the aid 1067/74 (*) of 30 April 1974 on the common organiza­ tion of the market in dehydrated fodder, and in parti­ in national currency should be the rate applicable on cular Article 3 (5) thereof ; the date on which the fodder leaves the drying plant ;

Whereas Article 4 (2) of Council Regulation (EEC) No Whereas the measures provided for in this Regulation 1134/68 of 30 July 1968 laying down rules for the are in accordance with the Opinion' of the Manage­ implementation of Regulation (EEC) No 653/68 (2) on ment Committee for Dried Fodder, conditions for alterations to the value of the unit of account used for the common agricultural policy provides that for transactions carried out within the HAS ADOPTED THIS REGULATION : framework of the common agricultural policy the sums owed by a Member State or a duly authorized Article 1 body, expressed in national currency and representing amounts fixed in units of account, are to be paid on The event within the meaning of Article 6 of Regula­ the basis of the relationship between the unit of tion (EEC) No 1134/68 in which aid for dehydrated account and the national currency which obtained at fodder becomes due and payable shall be considered the time when the transaction or part transaction was to occur on the date on which the dehydrated fodder carried out ; leaves the drying plant. Whereas Article 6 of Regulation (EEC) No 1134/68 provides that the time when a transaction is carried Article 2 out is to be considered as being the date on which occurs the event, as defined by Community rules or, This Regulation shall enter into force on 1 April in the absence of and pending adoption of such rules, 1975 . by the rules of the Member State concerned, in which the amount involved in the transaction becomes due It shall apply with effect from the beginning of the and payable ; 1974/75 marketing year.

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

Done at Brussels, 17 March 1975 .

For the Commission

P.J. LARDINOIS Member of the Commission

(') OJ No L 120, 1 . 5 . 1974, p. 2. (2) OJ No L 188 , 1 . 8 . 1968, p . 1 .