Commission Regulation (EC) No 796/2006 of 29 May 2006 suspending the buying-in of butter at 90 % of the intervention price and opening the buying-in by tendering for the period expiring on 31 August 2006
Commission Regulation (EC) No 796/2006of 29 May 2006suspending the buying-in of butter at 90 % of the intervention price and opening the buying-in by tendering for the period expiring on 31 August 2006THE 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 Regulation (EC) No 1913/2005 (OJ L 307, 25.11.2005, p. 2)., and in particular Article 10 thereof,Whereas:(1)Commission Regulation (EC) No 343/2006OJ L 55, 25.2.2006, p 17. Regulation as last amended by Regulation (EC) No 697/2006 (OJ L 121, 6.5.2006, p. 29). has opened the buying-in of butter at 90 % of the intervention price in certain Member States for the period 1 March to 31 August 2006.(2)The second subparagraph of Article 6(1) of Regulation (EC) No 1255/1999 provides that the Commission may suspend the buying-in of butter at 90 % of the intervention price where the quantities offered for intervention in the period from 1 March to 31 August 2006 exceed 50000 tonnes.(3)Since the threshold of 50000 tonnes is met, the buying-in of butter at fixed price should be suspended. Regulation (EC) No 343/2006 should therefore be repealed.(4)In order to continue to support the butter market, the buying-in of butter should be authorised under a standing invitation to tender in accordance with the third subparagraph of Article 6(1) of Regulation (EC) No 1255/1999 in those Member States where the market price of butter is less than 92 % of the intervention price.(5)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 of the market in butter and creamOJ L 333, 24.12.1999, p. 11. Regulation as last amended by Regulation (EC) No 2107/2005 (OJ L 337, 22.12.2005, p. 20). lays down rules to be followed when the Commission decides that the buying-in is to take place under a standing invitation to tender.(6)The measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Milk and Milk Products,HAS ADOPTED THIS REGULATION: