Commission Regulation (EC) No 1487/2004 of 20 August 2004 suspending the buying-in of butter in certain Member States
Commission Regulation (EC) No 1487/2004of 20 August 2004suspending the buying-in of butter in certain Member StatesTHE COMMISSION OF THE EUROPEAN COMMUNITIES,Having regard to the Treaty establishing the European Community,Having regard to Council Regulation (EC) No 1255/1999 of 17 May 1999 on the common organisation of the market in milk and milk productsOJ L 160, 26.6.1999, p. 48. Regulation as last amended by Commission Regulation (EC) No 186/2004 (OJ L 29, 3.2.2004, p. 6).,Having regard to Commission Regulation (EC) No 2771/1999 of 16 December 1999 laying down detailed rules for the application of Council Regulation (EC) No 1255/1999 as regards intervention on the market in butter and creamOJ L 333, 24.12.1999, p. 11. Regulation as last amended by Regulation (EC) No 1236/2004 (OJ L 235, 6.7.2004, p. 4)., and in particular Article 2 thereof,Whereas:(1)Article 2 of Regulation (EC) No 2771/1999 lays down that buying-in is to be opened or suspended by the Commission in a Member State, as appropriate, once it is observed that, for two weeks in succession, the market price in that Member State is below or equal to or above 92 % of the intervention price.(2)Commission Regulation (EC) No 1348/2004OJ L 250, 24.7.2004, p. 6. establishes the most recent list of Member States in which intervention is suspended. This list must be adjusted as a result of the market prices communicated by Ireland and Slovakia pursuant to Article 8 of Regulation (EC) No 2771/1999. In the interests of clarity, the list in question should be replaced and Regulation (EC) No 1348/2004 should be repealed,HAS ADOPTED THIS REGULATION: