# Commission Regulation (EC) No 157/2008 of 21 February 2008 determining the aid referred to in Council Regulation (EC) No 1255/1999 for the private storage of butter, Introduction: Introductory text

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

Commission Regulation (EC) No 157/2008
of 21 February 2008
determining the aid referred to in Council Regulation (EC) No 1255/1999 for the private storage of butter
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, and in particular Article 10 thereof,
Whereas:
(1)
Article 41(2) of Commission Regulation (EC) No 105/2008 of 5 February 2008 laying down detailed rules for the application of Council Regulation (EC) No 1255/1999 as regards intervention on the market in butter stipulates that the amount of aid for private storage referred to in Article 6(3) of Regulation (EC) No 1255/1999 is to be fixed each year.
(2)
The third subparagraph of Article 6(3) of Regulation (EC) No 1255/1999 specifies that the aid shall be fixed in the light of storage costs and the likely trend in prices for fresh butter and butter from stocks.
(3)
Regarding storage costs, notably the costs for entry and exit of the products concerned, the daily costs for cold storage and the financial costs of storage should be taken into account.
(4)
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:

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Source: https://www.legislation.gov.uk/eur/2008/157/introduction (the official version)
Page: https://openlegislation.uk/eu-regulation-2008-157/introduction
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.