Council Regulation (EC) No 777/94 of 29 March 1994 derogating from Regulation (EEC) No 1637/91 as regards the payment of compensation to milk producers for the reduction of reference quantities

• CELEX: Regulation (EC) No 777/94
• Articles: 2

Article 1

Notwithstanding the first subparagraph of Article 2 (5) of Regulation (EEC) No 1637/91, the Member States concerned may also use the amounts remaining available to pay, in accordance with the first indent of the first subparagraph of Article 8 of Regulation (EEC) No 3950/92 and the request of interested producers, compensation the maximum amount of which that may be covered by Community financing shall be ECU 10 per 100 kilograms and per year. The quantities thus freed shall be re-allocated to the producers referred to in Article 1 of Regulation (EEC) No 1637/91, unless they elect to receive the compensation as originally provided for in the first subparagraph of Article 2 (5) of that Regulation.

Article 2

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

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

Done at Brussels, 29 March 1994.

For the Council

The President

G. MORAITIS

(1) OJ No C 23, 27. 1. 1994, p. 15.

(2) Opinion delivered on 11 March 1994 (not yet published in the Official Journal).

(3) OJ No L 150, 15. 6. 1991, p. 30. Regulation as amended by Regulation (EEC) No 1188/92, (OJ No L 124, 9. 5. 1992, p. 1.).

(4) OJ No L 154, 25. 6. 1993, p. 30.