EUR-Lex - 31970R0603 - EN

EUR-Lex - 31970R0603 - EN Avis juridique important | Regulation (EEC) No 603/70 of the Commission of 31 March 1970 amending Regulation (EEC) No 685/69 on detailed rules of application for intervention on the market in butter and cream Official Journal L 072 , 01/04/1970 P. 0062 - 0062 Danish special edition: Series I Chapter 1970(I) P. 0148 English special edition: Series I Chapter 1970(I) P. 0169 Greek special edition: Chapter 03 Volume 5 P. 0076 REGULATION (EEC) No 603/70 OF THE COMMISSION of 31 March 1970 amending Regulation (EEC) No 685/69 on detailed rules of application for intervention on the market in butter and cream THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community; Having regard to Council Regulation (EEC) No 804/68 (1) of 27 June 1968 on the common organisation of the market in milk and milk products, as last amended by Regulation (EEC) No 2622/69, (2) and in particular Article 6 (7) thereof; Whereas Commission Regulation (EEC) No 685/69 (3) of 14 April 1969 on detailed rules of application for intervention on the market in butter and cream, as last amended by Regulation (EEC) No 332/70, (4) fixed at 0.525 units of account per day of storage and per metric ton the component of the private storage aid representing costs related to the duration of storage ; whereas, since these costs have risen, that amount must be increased to 0.60 units of account; Whereas, however, the additional amount of aid allowing for deterioration in the quality of the butter after a period of storage longer than six months is too high ; whereas, in view also of the increase referred to above, this additional amount should be abolished; Whereas Conditions should be laid down for the signing of the storage contract so that the provisions of Article 10 (2) of Council Regulation (EEC) No 985/68 (5) of 15 July 1968 laying down general rules for intervention on the market in butter and cream, as last amended by Regulation (EEC) No 1211/69, (6) can be observed; Whereas, in view of the general value of the rule laid down in Article 29 of Regulation (EEC) No 685/69 the time limit on its application should be revoked; Whereas the Management Committee for Milk and Milk Products has not issued an Opinion within the time limit set by its Chairman; HAS ADOPTED THIS REGULATION: