31977R1051

No L 125/ 34 19 . 5 . 77 Official Journal of the European Communities

COMMISSION REGULATION (EEC) No 1051/77 of 18 May 1977 postponing the date of entry into application of Regulation (EEC) No 800/77 amending , as regards products which are subject to monetary compensatory amounts, Regulation (EEC) No 572/76 fixing the monetary compensatory amounts

THE COMMISSION OF THE EUROPEAN to take account of commercial operations executed COMMUNITIES , pursuant to long term contracts ; whereas the time period in question should therefore be extended ; Having regard to the Treaty establishing the European Economic Community, Whereas the Management Committees for Cereals, Sugar, Poultrymeat and Eggs and Milk and Milk Having regard to Council Regulation (EEC) No Products have not delivered opinions within the time 974/71 of 12 May 1971 on certain measures of limits set by their respective chairmen, conjunctural policy to be taken in agriculture following the temporary widening of the margins of fluctuation for the currencies of certain Member HAS ADOPTED THIS REGULATION : States (*), as last amended by Regulation (EEC) No 557/76 (2), and in particular Article 6 thereof, Article 1 Whereas Commission Regulation (EEC) No 800/77 of 20 April 1977 amending, as regards products which The first subparagraph of Article 2 (2) of Regulation are subject to monetary compensatory amounts, Regu­ (EEC) No 800/77 shall be replaced as follows : lation (EEC) No 572/76 fixing the monetary compen­ 'It is applicable from 4 July 1977'. satory amounts (3), introduced monetary compensatory amounts for certain additional products not covered Article 2 by Annex II with effect as of 23 May 1977 ;

Whereas it appears that the transitional period laid This Regulation shall enter into force on 23 May 1977 . down in Regulation (EEC) No 800/77 is not adequate

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

Done at Brussels, 18 May 1977.

For the Commission

Finn GUNDELACH Vice-President

( 1) OJ No L 106, 12. 5 . 1971 , p. 1 . (2) OJ No L 67, 15. 3 . 1976, p. 1 . (>) OJ No L 97, 21 . 4. 1977, p. 18 .