31976R2452

9 . 10 . 76 Official Journal of the European Communities No L 279 / 1

I

(Acts whose publication is obligatory)

COUNCIL REGULATION ( EEC ) No 2452/ 76 of 5 October 1976 on the transfer to the Italian intervention agency of butter held by the interven­ tion agencies of other Member States

THE COUNCIL OF THE EUROPEAN Whereas the provisions covering the accounting side COMMUNITIES, of this operation should be determined in accordance with the arrangements laid down in Council Regula­ tion ( EEC) No 2306 / 70 of 10 November 1970 on the Having regard to the Treaty establishing the European financing of intervention expenditure in respect of the Economic Community, domestic markets in milk and milk products ( 5 ), as last amended by Regulation ( EEC) No 1 844/ 76 ( 6) ; Having regard to Council Regulation (EEC) No 804/68 of 27 June 1968 on the common organization Whereas such measures imply that the Guarantee of the market in milk and milk products ('), as last Section of the European Agricultural Guidance and amended by Regulation (EEC) No .559/76 (2 ), and in Guarantee Fund should bear the cost of transport, particular Article 6 (6) thereof,

Having regard to Council Regulation ( EEC) No 729/70 of 21 April 1970 on the financing of the HAS ADOPTED THIS REGULATION : common agricultural policy (3 ), as last amended by Regulation ( EEC) No 2788 / 72 (4 ), and in particular Article 3 ( 2) thereof, Article 1

Having regard to the proposal from the Commission , 1 . A quantity of 10 000 metric tons of butter held by the intervention agencies of other Member States shall be made available to the Italian intervention Whereas the Community market is characterized by large stocks of butter ; whereas these stocks are held agency for placing on the Italian market before 1 primarily by certain Member States, while Italy in April 1977 . particular possesses no such stocks because of the particular nature of its milk production ; 2 . The arrangements for applying this Regulation shall be adopted in accordance with the procedure laid down in Article 30 of Regulation (EEC) No Whereas , in view of the present economic situation in 804/ 68 . These arrangements shall establish which Italy , which is due in particular to a very high rate of intervention agencies are to make the butter available inflation , it seems advisable to make available to the and how it is to be transported . Italian intervention agency part of the stocks of butter which are available in intervention in other Member States ; whereas this butter is intended to be placed on Article 2 the Italian market, which has a shortage in this product , in order to help stabilize consumer prices ; 1 . The intervention agencies holding the products referred to in Article 1 shall enter the quantities of Whereas rules should be laid down for taking over the butter transferred as a zero debit in the account butter and for transferring responsibility for it ; referred to in Article 3 ( 2 ) ( a ) of Regulation ( EEC ) No 2306 / 70 . (') O ) No L 148 , 28 . 6 . 1968 , p . 13 . (-') O") No L 67, 15. 3 . 1976, p. 9 . (■') O") No L 94, 28 . 4 . 1970, p. 13 . ( 5 ) 0 | No L 249 , 17 . 11 . 1970 , p . 4 . H 0"| No L 295, 30 . 12 . 1972, p . I. (b) O") No L 204, 30 . 7 . 1976, p . 1 .

No L 279/2 Official Journal of the European Communities 9 . 10 . 76

2 . The Italian intervention agency shall enter the Article 3 quantities of butter of which it has taken delivery as a zero credit in the account referred to in paragraph 1 .

3 . The costs of transporting the quantities of butter referred to in Article 1 shall be entered i-n the account This Regulation shall enter into force on the third day referred to in Article 3 (2) (a) of Regulation ( EEC) No following its publication in the Official Journal of 2306 / 70 . the European Communities.

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

Done at Luxembourg, 5 October 1976 . For the Council

The President

A. P. L. M. M. van der STEE