COMMISSION REGULATION (EEC) No 907/81 of 3 April 1981 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 of 27 June 1968 on the common organization of the market in milk and milk products (1), as last amended by the Act of Accession of Greece (2), and in particular Article 6 (7) thereof,

Whereas Commission Regulation (EEC) No 685/69 (3), as last amended by Regulation (EEC) No 3474/80 (4) lays down in Article 6 (2) and in Article 24 (1) the factors concerning storage costs, particularly fixed costs, cold storage costs and the interest rates to be used for financing ; whereas the latter amounts should be adapted to take account of their movement;

Whereas the Management Committee for Milk and Milk Products has not delivered an opinion within the time limit set by its chairman,

HAS ADOPTED THIS REGULATION:

Article 1

Regulation (EEC) No 685/69 is hereby amended as follows: 1. In Article 6 (2) (a) and in Article 24 (1) (a), the amount "20 743 ECU" is replaced in each case by the amount "21 766 ECU".

2. In Article 6 (2) (b) and in Article 24 (1) (b), the amount "0 737 ECU" is replaced in each case by the amount "0 740 ECU".

3. In Article 6 (2) (c) and in Article 24 (1) (c), the percentage "12 %" is replaced in each case by the percentage "13 %".

Article 2

This Regulation shall enter into force on the third day following its publication in the Official Journal of the European Communities.

It shall apply with effect from 1 April 1981.

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

Done at Brussels, 3 April 1981.

For the Commission

Poul DALSAGER

Member of the Commission (1) OJ No L 148, 28.6.1968, p. 13. (2) OJ No L 291, 9.11.1979, p. 17. (3) OJ No L 90, 14.4.1969, p. 12. (4) OJ No L 363, 31.12.1980, p. 50.