31975R1629

No L 165/ 14 28 . 6 . 75 Official Journal of the European Communities

REGULATION (EEC) No 1629/75 OF THE COUNCIL of 24 June 1975 setting up a temporary system of aid for the private storage of certain fishery products -

THE COUNCIL OF THE EUROPEAN fillets of cod and of saithe of , Community origin COMMUNITIES, falling within subheadings ex 03.01 B I c) 1 , 03.01 B II b) 1 and 03.01 B II b) 2 respectively of the Having regard to the Treaty establishing the European Common Customs Tariff. Economic Community, and in particular Articles 42 and 43 thereof ; 2. The Council may upon a proposal from the Commission and on a qualified majority decide to Having regard to the proposal from the Commission ; apply the temporary system of aid referred to in para­ Having regard to the Opinion of the European Parlia­ graph 1 to other fishery products of Community ment ; origin listed in Annex IV (B) to Regulation (EEC) No 2142/ 70 . Whereas market prices for frozen tunny, frozen fillets of cod and frozen fillets of saithe listed in Annexes III Article 2 (A) and IV ( B) to Council Regulation (EEC) No 2142/70 (') of 20 October 1970 on the common organ­ 1 . The aid referred to in Article 1 ( 1 ) shall be ization of the market in fishery products, as last granted for products in storage on 15 May 1975 and amended by Regulation (EEC) No 1 182/75 (2), are which shall be stored for no longer than five months tending to drop abnormally and difficulties are arising from that date . in the disposal of these products, leading to the 2. The decision to extend to products stored after build-up of surplus stocks ; and whereas a massive 15 May 1975 the system laid down in Article 1 ( 1 ) release of stocks could aggravate the existing situa­ until 31 December 1975 at the latest may be taken tion ; until 15 July 1975 where serious difficulties in finding Whereas in these circumstances provision must be outlets and abnormally low price levels persist. made for appropriate measures ; whereas they should 3 . Private storage aid may not exceed the technical be defined in scope as well as in time ; whereas to this cost of storage and interest. end provision should be made for the grant of aid over a period of five months for the private storage of Article 3 the frozen products in question of Community origin , held on 15 May 1975 ; whereas it is advisable to The extension of the system of private storage aid, provide for the possibility of somewhat extending the provided for in Article 2 (2), as well as the imple­ system , in time and to other products listed in Annex menting rules of this Regulation, in particular the IV ( B) to Regulation (EEC) No 2142/70 should the amount of aid to be granted and the conditions for market situation so require it, the release of stocks, shall be adopted in accordance with the procedure laid down in Article 29 of Regula­ HAS ADOPTED THIS REGULATION : tion ( EEC) No 2142/ 70 .

Article 1 Article 4 1 . A temporary system of private storage aid shall This Regulation shall enter into force the day be set up for those producers, processers and whole­ following its publication in the Official Journal of salers, who on 15 May 1975 hold frozen tunny, frozen the European Communities.

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

Done at Luxembourg, 24 June 1975 . For the Council The President M. A. CLINTON

(') OJ No L 2.56, 27 . 10 . 1970 , p . 5 . (-') OJ No L 118 , 8 . 5 . 1975, p . 1 .