EN Official Journal of the European Communities 3.3.2001 L 63/ 4

COMMISSION REGULATION ( EC) No 427/ 2001 of 2 March 2001 fixing the minimum selling prices for butter and the maximum aid for cream, butter and concen- trated butter for the 70th individual invitation to tender under the standing invitation to tender

provided for in Regulation ( EC) No 2571/ 97

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 ( 1 ) , as last amended by Regulation ( EC) No 1670/ 2000 ( 2 ) , and in particular Article 10 thereof,

Whereas: ( 1) The intervention agencies are, pursuant to Commission

Regulation ( EC) No 2571/ 97 of 15 December 1997 on the sale of butter at reduced prices and the granting of aid for cream, butter and concentrated butter for use in the manufacture of pastry products, ice- cream and other foodstuffs ( 3 ) , as last amended by Regulation ( EC) No 635/ 2000 ( 4 ) , to sell by invitation to tender certain quantities of butter that they hold and to grant aid for cream, butter and concentrated butter. Article 18 of that Regulation stipulates that in the light of the tenders received in response to each individual invitation to tender a minimum selling price shall be fixed for butter and maximum aid shall be fixed for cream, butter and concentrated butter. It is further stipulated that the price

or aid may vary according to the intended use of the butter, its fat content and the incorporation procedure, and that a decision may also be taken to make no award in response to the tenders submitted. The amount( s) of the processing securities must be fixed accordingly.

( 2) 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:

Article 1

The minimum selling prices and the maximum aid and processing securities applying for the 70th individual invitation to tender, under the standing invitation to tender provided for in Regulation ( EC) No 2571/ 97, shall be fixed as indicated in the Annex hereto.

Article 2

This Regulation shall enter into force on 3 March 2001. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 2 March 2001.

For the Commission

Franz FISCHLER

Member of the Commission

( 1 ) OJ L 160, 26.6.1999, p. 48. ( 2 ) OJ L 193, 29.7.2000, p. 10. ( 3 ) OJ L 350, 20.12.1997, p. 3. ( 4 ) OJ L 76, 25.3.2000, p. 9.

EN Official Journal of the European Communities 3.3.2001 L 63/ 5

ANNEX

to the Commission Regulation of 2 March 2001 fixing the minimum selling prices for butter and the maximum aid for cream, butter and concentrated butter for the 70th individual invitation to tender under the standing

invitation to tender provided for in Regulation ( EC) No 2571/ 97

( EUR/ 100 kg)

Formula A B Incorporation procedure With

tracers Without tracers With

tracers Without tracers Minimum Butter Unaltered selling price 82 % Concentrated

Unaltered Processing security

Concentrated Butter 82 % 95 91 91

Maximum Butter < 82 % 92 88 88 aid Concentrated butter 117 113 117 113

Cream 40 38 Butter 105 Processing security Concentrated butter 129 129

Cream 44


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