Commission Regulation (EC) No 195/2007 of 26 February 2007 opening the buying-in of butter in certain Member States for the period 1 March to 31 August 2007
EU Regulation No 195/2007 · Adopted 26 February 2007 · Extends to United Kingdom
Commission Regulation (EC) No 195/2007
of 26 February 2007
opening the buying-in of butter in certain Member States for the period 1 March to 31 August 2007
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 productsf1,
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 creamf2, and in particular Article 2 thereof,
Whereas:
(1)
Article 6(1) of Regulation (EC) No 1255/1999 provides that if market prices for butter in one or more Member States, over a representative period, are less than 92 % of the intervention price, intervention agencies have to buy in butter.
(2)
On the basis of the market prices communicated by the Members States, the Commission has observed, in accordance with Article 8(4) of Regulation (EC) No 2771/1999, that the prices in Spain, Ireland and Portugal have been below 92 % of the intervention price for two consecutive weeks. Intervention buying-in should therefore be opened in those Member States,
HAS ADOPTED THIS REGULATION:
Annotations to the whole text
Footnotes
- f1
-
OJ 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).
- f2
-
OJ L 333, 24.12.1999, p. 11. Regulation as last amended by Regulation (EC) No 1919/2006 (OJ L 380, 28.12.2006, p. 1).
Contents
1
Buying-in of butter as provided for in Article 6(1) of Regulation (EC) No 1255/1999 is hereby open in the following Member States:
-
Spain
-
Ireland
-
Portugal.
2
This Regulation shall enter into force on 1 March 2007.
Signature
This Regulation shall be binding in its entirety and directly applicable in all Member States.
Done at Brussels, 26 February 2007.
For the Commission
Jean-Luc Demarty
Director-General for Agriculture and Rural Development