31977R2536

No L 294/ 18 Official Journal of the European Communities 18 . 11 . 77

COMMISSION REGULATION (EEC) No 2536/77 of 15 November 1977 on transitional measures concerning the application of certain monetary compensatory amounts in trade between the United Kingdom and the other Member States

THE COMMISSION OF THE EUROPEAN be made for the monetary compensatory amounts COMMUNITIES, applicable on 31 December 1977 to remain applicable beyond that date to the products which are likely to Having regard to the Treaty establishing the European be the subject of such trade ; Economic Community, Whereas the measures provided for in this Regulation Having regard to Council Regulation (EEC) No are in accordance with the opinions of the relevant 974/71 of 12 May 1971 on certain measures of management committees, conjunctural policy to be taken in agriculture following the temporary widening of the margins of fluctuation of 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, in view of the abolition of accession compen­ By way of derogation from the Regulation fixing the satory amounts from 1 January 1978, the monetary monetary compensatory amounts valid with effect compensatory amounts fixed for the United Kingdom from 1 January 1978, in the case of the products speci­ will increase substantially for certain products with fied in the Annex hereto the monetary compensatory effect from that date ; amounts valid on 31 December 1977 shall be applied to products entered for home use in the United Whereas, where such products are exported before 1 Kingdom on or after 1 January 1978, provided that January 1978 from a Member State and then imported the customs formalities for the export of those into the United Kingdom on or after that date, they will qualify both for an accession compensatory products from another Member State into the United Kingdom are completed before that date. amount and for a monetary compensatory amount fixed for the United Kingdom at a level which is not Article 2 economically justified in the case in point ; Whereas such a situation is liable to cause abnormal This Regulation shall enter into force on 1 January 1978 . trade flows ; whereas, to avoid these, provision should

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

Done at Brussels, 15 November 1977.

For the Commission Finn GUNDELACH Vice-President

(•) OJ No L 106, 12. 5 . 1971 , p. 1 . (2) OJ No L 67, 15. 3 . 1976, p. 1 .

18 . 11 . 77 Official Journal of the European Communities No L 294/ 19

ANNEX

Milk and milk products : 04.03 04.04 Cereals : all products Goods covered by Regulation (EEC) No 1 059/69 : 18.06 D II c) 21.07 G VI to IX

under the nomenclature to be applied from 1 January 1978 . (Under the nomenclature applicable until 31 December 1977 the subheadings for these products is 21.07 F VI to IX)