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COUNCIL REGULATION ( EEC ) NO 3180/76

OF 21 DECEMBER 1976

AMENDING REGULATIONS ( EEC ) NO 786/69 , ( EEC ) NO 787/69 , ( EEC ) NO 788/69 AND ( EEC ) NO 2334/69 ON THE FINANCING OF INTERVENTION EXPENDITURE ON THE DOMESTIC MARKET

THE COUNCIL OF THE EUROPEAN COMMUNITIES ,

HAVING REGARD TO THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY ,

HAVING REGARD TO COUNCIL REGULATION ( EEC ) NO 729/70 OF 21 APRIL 1970 ON THE FINANCING OF THE COMMON AGRICULTURAL POLICY ( 1 ) , AS LAST AMENDED BY REGULATION ( EEC ) NO 2788/72 ( 2 ) , AND IN PARTICULAR ARTICLE 3 ( 2 ) THEREOF ,

HAVING REGARD TO THE PROPOSAL FROM THE COMMISSION ,

WHEREAS , PURSUANT TO THE REGULATIONS ON THE FINANCING OF INTERVENTION EXPENDITURE , THE MEMBER STATES SHALL OBTAIN FOR THE INTERVENTION AGENCIES THE FUNDS REQUIRED FOR THE BUYING IN OF PRODUCE ; WHEREAS THE RESULTING COSTS SHALL BE FINANCED ON A FLAT-RATE BASIS BY THE GUARANTEE SECTION OF THE EUROPEAN AGRICULTURAL GUIDANCE AND GUARANTEE FUND ;

WHEREAS THIS FLAT-RATE METHOD IS NOT THE SAME FOR ALL THE SECTORS IN QUESTION ; WHEREAS IN THE INTERESTS OF HARMONIZATION , REGULATIONS ( EEC ) NO 786/69 ( 3 ) , ( EEC ) NO 787/69 ( 4 ) , ( EEC ) NO 788/69 ( 5 ) AND ( EEC ) NO 2334/69 ( 6 ) ON THE FINANCING OF INTERVENTION EXPENDITURE IN , RESPECTIVELY , OILS AND FATS , CEREALS AND RICE , PIGMEAT , AND SUGAR , AS LAST AMENDED BY REGULATION ( EEC ) NO 330/74 ( 7 ) , SHOULD THEREFORE BE AMENDED ,

HAS ADOPTED THIS REGULATION :

ARTICLE 1

ARTICLE 5 ( 1 ) OF REGULATION ( EEC ) NO 786/69 SHALL BE AMENDED AS FOLLOWS :

1 . SUBPARAGRAPH ( D ) SHALL BE REPLACED BY THE FOLLOWING :

" ( D ) THE TOTAL AMOUNT OF THE COSTS INCURRED THROUGH STORAGE OTHER THAN FINANCING COSTS , CALCULATED ON THE BASIS OF A FIXED AMOUNT PER UNIT OF WEIGHT/PERIOD OF STORAGE DETERMINED IN ACCORDANCE WITH ARTICLE 6 ( 2 ) ; " .

2 . THE FOLLOWING SUBPARAGRAPH SHALL BE ADDED AFTER SUBPARAGRAPH ( E ) :

" ( F ) THE FINANCING COSTS , CALCULATED BY A METHOD AND AT A RATE OF INTEREST TO BE DETERMINED IN ACCORDANCE WITH THE PROCEDURE LAID DOWN IN ARTICLE 13 OF REGULATION ( EEC ) NO 729/70 . " .

ARTICLE 2

ARTICLE 4 ( 1 ) OF REGULATION ( EEC ) NO 787/69 SHALL BE AMENDED AS FOLLOWS :

1 . SUBPARAGRAPH ( E ) SHALL BE REPLACED BY THE FOLLOWING :

" ( E ) THE TOTAL AMOUNT OF THE COSTS INCURRED THROUGH STORAGE , OTHER THAN FINANCING COSTS , CALCULATED ON THE BASIS OF A STANDARD AMOUNT PER UNIT OF WEIGHT/PERIOD OF STORAGE DETERMINED IN ACCORDANCE WITH ARTICLE 5 ( 2 ) ; " .

2 . THE FOLLOWING SUBPARAGRAPH SHALL BE ADDED AFTER SUBPARAGRAPH ( G ) :

" ( H ) THE TOTAL FINANCING COSTS CALCULATED BY A METHOD AND AT A RATE OF INTEREST TO BE DETERMINED IN ACCORDANCE WITH THE PROCEDURE LAID DOWN IN ARTICLE 13 OF REGULATION ( EEC ) NO 729/70 . " .

ARTICLE 3

ARTICLE 5 ( 1 ) OF REGULATION ( EEC ) NO 788/69 SHALL BE AMENDED AS FOLLOWS :

1 . SUBPARAGRAPH ( C ) SHALL BE REPLACED BY THE FOLLOWING :

" ( C ) THE TOTAL AMOUNT OF THE COSTS INCURRED THROUGH STORAGE , OTHER THAN FINANCING COSTS , CALCULATED ON THE BASIS OF A STANDARD AMOUNT PER UNIT OF WEIGHT/PERIOD OF STORAGE DETERMINED IN ACCORDANCE WITH ARTICLE 7 ; " .

2 . THE FOLLOWING SUBPARAGRAPH SHALL BE ADDED AFTER SUBPARAGRAPH ( E ) :

" ( F ) THE TOTAL FINANCING COSTS , CALCULATED BY A METHOD AND AT A RATE OF INTEREST TO BE DETERMINED IN ACCORDANCE WITH THE PROCEDURE LAID DOWN IN ARTICLE 13 OF REGULATION ( EEC ) NO 729/70 . " .

ARTICLE 4

ARTICLE 4 ( 1 ) OF REGULATION ( EEC ) NO 2334/69 SHALL BE AMENDED AS FOLLOWS :

1 . SUBPARAGRAPH ( F ) SHALL BE REPLACED BY THE FOLLOWING :

" ( F ) THE TOTAL AMOUNT OF THE COSTS INCURRED THROUGH STORAGE , OTHER THAN FINANCING COSTS , CALCULATED ON THE BASIS OF A STANDARD AMOUNT PER UNIT OF WEIGHT/PERIOD OF STORAGE DETERMINED IN ACCORDANCE WITH ARTICLE 5 ( 2 ) ; " .

2 . THE FOLLOWING SUBPARAGRAPH SHALL BE ADDED AFTER ( G ) :

" ( H ) THE TOTAL FINANCING COSTS , CALCULATED BY A METHOD AND AT A RATE OF INTEREST TO BE DETERMINED IN ACCORDANCE WITH THE PROCEDURE LAID DOWN IN ARTICLE 13 OF REGULATION ( EEC ) NO 729/70 . " .

ARTICLE 5

THIS REGULATION SHALL ENTER INTO FORCE ON 1 JANUARY 1977 .

THIS REGULATION SHALL BE BINDING IN ITS ENTIRETY AND DIRECTLY APPLICABLE IN ALL MEMBER STATES .

DONE AT BRUSSELS , 21 DECEMBER 1976 .

FOR THE COUNCIL

THE PRESIDENT

A . P . L . M . M . VAN DER STEE

( 1 ) OJ NO L 94 , 28 . 4 . 1970 , P . 13 .

( 2 ) OJ NO L 295 , 30 . 12 . 1972 , P . 1 .

( 3 ) OJ NO L 105 , 2 . 5 . 1969 , P . 1 .

( 4 ) OJ NO L 105 , 2 . 5 . 1969 , P . 4 .

( 5 ) OJ NO L 105 , 2 . 5 . 1969 , P . 7 .

( 6 ) OJ NO L 298 , 27 . 11 . 1969 , P . 1 .

( 7 ) OJ NO L 37 , 9 . 2 . 1974 , P . 5 .

Amendments and corrections
December 31, 1981
January 1, 1977	Entry into force - See Art 5

Council Regulation (EEC) No 3180/76 of 21 December 1976 amending Regulations (EEC) No 786/69, (EEC) No 787/69, (EEC) No 788/69 and (EEC) No 2334/69 on the financing of intervention expenditure on the domestic market