REGULATION (EEC) No 603/70 OF THE COMMISSION of 31 March 1970 amending Regulation (EEC) No 685/69 on detailed rules of application for intervention on the market in butter and cream

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European Economic Community;

Having regard to Council Regulation (EEC) No 804/68 (1) of 27 June 1968 on the common organisation of the market in milk and milk products, as last amended by Regulation (EEC) No 2622/69, (2) and in particular Article 6 (7) thereof;

Whereas Commission Regulation (EEC) No 685/69 (3) of 14 April 1969 on detailed rules of application for intervention on the market in butter and cream, as last amended by Regulation (EEC) No 332/70, (4) fixed at 0.525 units of account per day of storage and per metric ton the component of the private storage aid representing costs related to the duration of storage ; whereas, since these costs have risen, that amount must be increased to 0.60 units of account;

Whereas, however, the additional amount of aid allowing for deterioration in the quality of the butter after a period of storage longer than six months is too high ; whereas, in view also of the increase referred to above, this additional amount should be abolished;

Whereas Conditions should be laid down for the signing of the storage contract so that the provisions of Article 10 (2) of Council Regulation (EEC) No 985/68 (5) of 15 July 1968 laying down general rules for intervention on the market in butter and cream, as last amended by Regulation (EEC) No 1211/69, (6) can be observed;

Whereas, in view of the general value of the rule laid down in Article 29 of Regulation (EEC) No 685/69 the time limit on its application should be revoked;

Whereas the Management Committee for Milk and Milk Products has not issued an Opinion within the time limit set by its Chairman;

HAS ADOPTED THIS REGULATION:

Article 1

The amount "0.60 units of account" shall be substituted for "0.525 units of account" in Article 6 (2) (b) and in Article 24 (b) of Regulation (EEC) No 685/69.

Article 2

The following paragraph shall be added to Article 23 of Regulation (EEC) No 685/69:

"4. The storage contract shall not be concluded before the butter is stored."

Article 3

The following shall be substituted for Article 24 (c) of Regulation (EEC) No 685/69: "(c) 55 units of account for deterioration in quality of butter for which the storage period exceeds four months.

"

Article 4

The words "between 15 April 1969 and 31 March 1970" shall be deleted from Article 29 of Regulation (EEC) No 685/69.

Article 5

This Regulation shall enter into force on 1 April 1970. (1)OJ No L 148, 28.6.1968, p. 13. (2)OJ No L 328, 30.12.1969, p. 8. (3)OJ No L 90, 15.4.1969, p. 12. (4)OJ No L 44, 25.2.1970, p. 1. (5)OJ No L 169, 18.7.1968, p. 1. (6)OJ No L 155, 28.6.1969, p. 13.

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

Done at Brussels, 31 March 1970.

For the Commission

The President

Jean REY