COMMISSION REGULATION (EC) No 1970/94 of 29 July 1994 amending Regulation (EEC) No 3143/85 on the sale at reduced prices of intervention butter intended for direct consumption in the form of concentrated butter
THE COMMISSION OF THE EUROPEAN COMMUNITIES,
Having regard to the Treaty establishing the European Community,
Having regard to Council Regulation (EEC) No 804/68 of 27 June 1968 on the common organization of the market in milk and milk products (1), as last amended by Regulation (EC) No 230/94 (2), and in particular Article 6 (7) thereof,
Having regard to Council Regulation (EEC) No 985/68 of 15 July 1968 laying down general rules for intervention on the market in butter and cream (3), as last amended by Regulation (EEC) No 2045/91 (4), and in particular Article 7a thereof,
Whereas Commission Regulation (EEC) No 3143/85 (5), as last amended by Regulation (EC) No 796/94 (6), introduces a scheme for the sale at reduced prices of intervention butter intended for direct consumption in the form of concentrated butter;
Whereas Council Regulation (EEC) No 2072/92 (8), as last amended by Regulation (EC) No 1881/94 (7), fixes the target price for milk and the intervention prices for butter, skimmed-milk powder and Grana Padano and Parmigiano Reggiano cheeses for two annual periods from 1 July 1993 to 30 June 1995; whereas that Regulation provides for any additional reduction in the intervention price for butter from 1 August 1994;
Whereas, therefore, the sale price for butter provided for in Regulation (EEC) No 3143/85 should be adjusted so as to take account of the reduction in the intervention price provided for from 1 August 1994 and the security to be lodged should be adjusted;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Milk and Milk Products,
HAS ADOPTED THIS REGULATION:
Article 1
Article 2 of Regulation (EEC) No 3143/85 is hereby amended as follows:
- in paragraph 1, 'ECU 178' is replaced by 'ECU 175',
- in the first indent to the first subparagraph of paragraph 4, 'ECU 197' is replaced by 'ECU 194'.
Article 2
This Regulation shall enter into force on the day of its publication in the Official Journal of the European Communities.
It shall apply from 1 August 1994.
This Regulation shall be binding in its entirety and directly applicable in all Member States.
Done at Brussels, 29 July 1994.