Commission Regulation (EC) No 628/95 of 23 March 1995 fixing the amount of the aid referred to in Council Regulation (EEC) No 804/68 for the private storage of butter and cream

• CELEX: Regulation (EC) No 628/95
• Articles: 2

Article 1

The aid referred to in Article 6 (2) of Regulation (EEC) No 804/68 is hereby established in the following manner per tonne of butter or butter equivalent for the private contracts commencing during 1995:

(a) ECU 24 for fixed costs;

(b) ECU 0,42 per day of contractual storage for coldstore costs;

(c) an amount per day of contractual storage calculated on the basis of 91 % of the intervention price for the butter, expressed as national currency, applicable on the day on which contractual storage commences and based on an interest rate of 6,5 % per year.

Article 2

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 15 April 1995.

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

Done at Brussels, 23 March 1995.

For the Commission

Franz FISCHLER

Member of the Commission

(1) OJ No L 148, 28. 6. 1968, p. 13.

(2) OJ No L 46, 1. 3. 1995, p. 1.