EUR-Lex - 31968R0987 - EN

Article 1

For the purposes of this Regulation: (a) "milk" means the milk-yield of one or more cows, to which nothing has been added and which has, at the most, been only partially skimmed;

(b) "skimmed milk" means milk with a maximum fat content of 0.10 %;

(c) "raw casein" means the product, insoluble in water, obtained from skimmed milk by coagulation (e.g. by means of acids or rennet);

(d) "casein" means the product washed and dried, insoluble in water obtained from skimmed milk by coagulation (e.g. by means of acids or rennet) or obtained from raw casein;

(e) "caseinates" means alkaline salts or alkaline-earth salts of casein, at least 95 % soluble in distilled water.

Article 2

1. The aid shall be paid to the manufacturer of casein or caseinates.

1. Manufacturers of casein or caseinates shall include the aid in the purchase price paid to the suppliers of skimmed milk, either directly or indirectly through the suppliers of raw casein.

1. Aid shall be paid by the intervention agency of the Member State on whose territory the casein or caseinates are manufactured. 1OJ No L 148, 28.6.1968, p. 13.

Article 3

1. The aid may vary, according to whether the skimmed milk is processed into casein or into caseinates and according to the quality of those products.

1. Aid shall be so fixed that the return on skimmed milk processed into casein or caseinates is equivalent to that on skimmed milk processed into skimmed milk powder, calculated: - on the basis of the intervention price, or

• on the basis of the market price for first-quality, spray-process skimmed milk powder, if that price exceeds the intervention price.

Should Community measures have the effect, in a Member State, of increasing the price at which the intervention agency buys in skimmed milk powder, the aid may be increased by a corresponding amount in that Member State.

Article 4

To determine the return on skimmed milk processed into casein or caseinates, the price of casein or caseinates shall be calculated for a product of first quality on the basis of: (a) the world market price of the product in question, plus customs duties and a fixed amount for transport and certain frontier-crossing costs, or

(b) the price in the Community of the product in question.

Article 5

The necessary provisions shall be adopted in order to ensure, for the parties concerned, adequate stability in the amount of the aid. Such provisions may provide for the lodging of a deposit.

Article 6

Each Member State shall appoint an intervention agency to implement the measures laid down in this Regulation.

Article 7

This Regulation shall enter into force on the third day following its publication in the Official Journal of the European Communities.

It shall apply from 29 July 1968.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels, 15 July 1968.

For the Council

The President

G. SEDATI