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

( 2 ) OJ NO L 250 , 30 . 9 . 1977 , P . 12 .

COUNCIL REGULATION ( EEC ) NO 2540/80

OF 30 SEPTEMBER 1980

FIXING THE PRICE TO BE OBSERVED AT THE CIF STAGE FOR IMPORTS OF NEW ZEALAND BUTTER 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 OF 1972 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 REGULATION ( EEC ) NO 1655/76 , CERTAIN QUANTITIES OF NEW ZEALAND BUTTER 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 IN ARTICLE 2 OF COUNCIL REGULATION ( EEC ) NO 2157/77 ( 2 ), THE PRICE TO BE OBSERVED AT THE CIF STAGE AS FROM 1 JANUARY 1978 WAS FIXED AT 117.88 UNITS OF ACCOUNT PER 100 KILOGRAMS FOR BUTTER ;

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

WHEREAS NEW ZEALAND HAS AGREED TO REDUCE ITS EXPORTS TO THE UNITED KINGDOM BY 20 000 TONNES IN COMPARISON WITH THE QUANTITY LAID DOWN FOR 1980 ; 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 PRICE SHOULD BE MODIFIED IN ACCORDANCE WITH ARTICLE 2 ( 2 ) OF REGULATION ( EEC ) NO 1655/76 ,

HAS ADOPTED THIS REGULATION :

ARTICLE 1

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 6 OCTOBER 1980 , IS FIXED AT 213.37 ECU PER 100 KILOGRAMS .

ARTICLE 2

THIS REGULATION SHALL ENTER INTO FORCE ON THE DAY OF ITS PUBLICATION IN THE OFFICIAL JOURNAL OF THE EUROPEAN COMMUNITIES .

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

DONE AT BRUSSELS , 30 SEPTEMBER 1980 .

FOR THE COUNCIL

THE PRESIDENT

C . NEY