31977R2657

No L 308 /48 Official Journal of the European Communities 1 . 12 . 77

COMMISSION REGULATION (EEC) No 2657/77 of 30 November 1 977 on the application of monetary compensatory amounts to certain products not covered by Annex II to the Treaty

THE COMMISSION OF THE EUROPEAN Whereas the situation has not greatly changed since COMMUNITIES, the entry into force of that Regulation ; whereas it is therefore necessary to maintain the present system Having regard to the Treaty establishing the European and to repeal the said provision ; whereas, however, Economic Community, the Commission will review the situation not later Having regard to Council Regulation (EEC) No than 30 June 1978 ; 974/71 of 12 May 1971 on certain measures of Whereas the relevant Management Committees have conjunctural policy to be taken in agriculture not delivered opinions within the time limits set by following the temporary widening of the margins of fluctuation for the currencies of certain Member their respective Chairmen, States ('), as last amended by Regulation (EEC) No 557/76 (2), and in particular Article 6 thereof, HAS ADOPTED THIS REGULATION : Whereas Commission Regulation (EEC) No 800/77 of 20 April 1977 amending, as regards products which are subject to monetary compensatory amounts, Regu­ Article 1 lation (EEC) No 572/76 fixing the monetary compen­ satory amounts (3), as amended by Regulation (EEC) The second subparagaph of Article 2 (2) of Regulation No 1051 /77 (4), introduced monetary compensatory (EEC) No 800/77 is hereby repealed. amounts for certain other products not covered by Annex II to the Treaty ; Article 2 Whereas the second subparagraph of Article 2 (2) of Regulation (EEC) No 800/77 provides that monetary This Regulation shall enter into force on the day of its compensatory amounts are not to apply to the publication in the Official Journal of the European products concerned beyond 31 December 1977 ; Communities.

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

Done at Brussels , 30 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 . (3 ) OJ No L 97, 21 . 4. 1977, p. 18 . (4 OJ No L 125 , 19 . 5 . 1977, p. 34.