Article 1

Where beef products held by an intervention agency and stored on the territory of a Member State other than the Member State within whose jurisdiction that agency falls are sold at a price fixed in advance, the selling price of those products shall correspond to the selling price of an identical product in the Member State within whose jurisdiction the intervention agency falls, minus or plus any monetary or accession compensatory amounts applicable in trade between that Member State and the Member State on whose territory the product is stored.

The rate to be used to calculate the monetary and accession compensatory amounts referred to in paragraph 1 shall be that applicable on the day on which the contract of sale is concluded.