# Commission Regulation (EC) No 1487/2004 of 20 August 2004 suspending the buying-in of butter in certain Member States, Introduction: Introductory text

Extent: E+W+S+N.I.

Commission Regulation (EC) No 1487/2004
of 20 August 2004
suspending the buying-in of butter in certain Member States
THE 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 products,
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 cream, 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 1348/2004 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 In the interests of clarity, the list in question should be replaced and Regulation (EC) No 1348/2004 should be repealed,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:

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Source: https://www.legislation.gov.uk/eur/2004/1487/introduction (the official version)
Page: https://openlegislation.uk/eu-regulation-2004-1487/introduction
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.