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( 1 ) OJ NO L 185 , 9 . 7 . 1976 , P . 1 .

( 2 ) OJ NO L 27 , 1 . 2 . 1973 , P . 17 .

( 3 ) OJ NO L 307 , 27 . 11 . 1975 , P . 4 .

COUNCIL REGULATION ( EEC ) NO 2157/77

OF 27 SEPTEMBER 1977

FIXING THE PRICE TO BE OBSERVED AT THE CIF STAGE FOR IMPORTS OF NEW ZEALAND BUTTER AND CHEESE INTO THE UNITED KINGDOM

THE COUNCIL OF THE EUROPEAN

COMMUNITIES ,

HAVING REGARD TO THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY ,

HAVING REGARD TO THE ACT OF ACCESSION , AND IN PARTICULAR ARTICLE 3 OF PROTOCOL 18 ,

HAVING REGARD TO COUNCIL REGULATION ( EEC ) NO 1655/76 OF 29 JUNE 1976 EXTENDING THE TRANSITIONAL ARRANGEMENTS FOR THE IMPORT OF NEW ZEALAND BUTTER INTO THE UNITED KINGDOM ( 1 ), AND IN PARTICULAR ARTICLE 2 THEREOF ,

HAVING REGARD TO THE PROPOSAL FROM THE COMMISSION ,

WHEREAS , UNDER PROTOCOL 18 , CERTAIN QUANTITIES OF NEW ZEALAND BUTTER AND CHEESE MAY BE IMPORTED INTO THE UNITED KINGDOM ON SPECIAL TERMS ; WHEREAS NEW ZEALAND MUST INTER ALIA GUARANTEE THE OBSERVANCE OF A SPECIFIED CIF PRICE FOR SUCH IMPORTS ;

WHEREAS ARTICLE 3 OF COUNCIL REGULATION ( EEC ) NO 226/73 OF 31 JANUARY 1973 LAYING DOWN GENERAL RULES FOR IMPORTS OF NEW ZEALAND BUTTER AND CHEESE INTO THE UNITED KINGDOM ( 2 ), AS LAST AMENDED BY REGULATION ( EEC ) NO 3067/75 ( 3 ), FIXED THE PRICES TO BE OBSERVED AT THE CIF STAGE AT 107.16 UNITS OF ACCOUNT PER 100 KILOGRAMS FOR BUTTER AND 92.52 UNITS OF ACCOUNT PER 100 KILOGRAMS FOR CHEESE ;

WHEREAS , SINCE THAT LAST AMENDMENT , THERE HAVE BEEN CHANGES IN THE LEVEL AND EVOLUTION OF PRICES IN THE COMMUNITY - INCLUDING INTERVENTION PRICES - AND IN NEW ZEALAND , AND ALSO IN COSTS IN NEW ZEALAND , AND IN FREIGHT RATES ;

WHEREAS , IN THESE CIRCUMSTANCES , AND HAVING REGARD TO THE SUPPLY AND DEMAND DEVELOPMENTS IN THE MAJOR PRODUCING AND CONSUMING COUNTRIES OF THE WORLD , THE CIF PRICES SHOULD BE MODIFIED IN THE LIGHT OF THESE CHANGES AND OF THE EFFORTS MADE BY COMMUNITY PRODUCERS IN THE FORM OF THE CO-RESPONSIBILITY LEVY ;

WHEREAS , WITH EFFECT FROM 1 JANUARY 1978 , IMPORTS OF NEW ZEALAND BUTTER ARE SUBJECT TO THE CONDITIONS LAID DOWN IN REGULATION ( EEC ) NO 1655/76 ;

WHEREAS , GIVEN THE FORESEEABLE DEVELOPMENT OF THE ABOVEMENTIONED FACTORS , THE NEW CIF PRICE MAY BE MAINTAINED BEYOND 31 DECEMBER 1977 ,

HAS ADOPTED THIS REGULATION :

ARTICLE 1

IN ARTICLE 3 OF REGULATION ( EEC ) NO 226/73 , THE PRICE 107.16 UNITS OF ACCOUNT UNDER ( A ) IS REPLACED BY 117.88 UNITS OF ACCOUNT AND THE PRICE 92.52 UNITS OF ACCOUNT UNDER ( B ) IS REPLACED BY 101.77 UNITS OF ACCOUNT .

ARTICLE 2

THE PRICE REFERRED TO IN ARTICLE 2 OF REGULATION ( EEC ) NO 1655/76 , TO BE GUARANTEED AT THE CIF STAGE BY NEW ZEALAND FOR IMPORTS OF BUTTER INTO THE UNITED KINGDOM FROM 1 JANUARY 1978 , IS FIXED AT 117.88 UNITS OF ACCOUNT PER 100 KILOGRAMS .

ARTICLE 3

THIS REGULATION SHALL ENTER INTO FORCE ON 1 OCTOBER 1977 .

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

DONE AT BRUSSELS , 27 SEPTEMBER 1977 .

FOR THE COUNCIL

THE PRESIDENT

A . HUMBLET