29. 6. 96 Official Journal of the European Communities No L 161/115 COMMISSION REGULATION (EC) No 1242/96 of 28 June 1996 fixing the minimum purchase price for lemons delivered to the processing industry and the financial compensation payable after processing thereof up to the end of the 1996/97 marketing year THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Community, Having regard to Council Regulation (EEC) No 1035/77 of 17 May 1977 laying down special measures to encou- rage the marketing of products processed from lemons ('), as last amended by Regulation (EC) No 1199/90 (3), and in particular Article 3 thereof, Whereas, pursuant to Article 1 (3) of Regulation (EEC) No 1035/77, the minimum price which processors must pay to producers is fixed, as from the 1991/92 marketing year at 105 % of the average withdrawal price calculated in accordance with the first indent of Article 18 (1) (a) of Council Regulation (EEC) No 1035/72 (%), as last amended by Commission Regulation (EC) No 1363/95 (), whereas the minimum price must be fixed on the basis of the basic and buying-in prices fixed by Council Regulation (EC) No 1190/96 (°) and reduced by Commission Regula- tion (EC) No 1238/96 (% Whereas, pursuant to Article 2 of Regulation (EEC) No 1035/77, financial compensation cannot exceed the diffe- rence between the minimum purchase price referred to in Article 1 of that Regulation and the prices obtained for the raw material in producer third countries; Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Fruit and Vegetables, HAS ADOPTED THIS REGULATION: Article 1 Up to the end of the 1996/97 marketing year the minimum price referred to in Article 1 (3) of Regulation (EEC) No 1035/77 shall be as follows: Minimum price: ECU 15,77/100 kg net. The minimum price shall refer to products ex-producers’ packaging stations. Article 2 Up to the end of the 1996/97 marketing year the finan- cial compensation referred to in Article 2 of Regulation (EEC) No 1035/77 shall be as follows: Financial compensation: ECU 10,66/100 kg net. Article 3 This Regulation shall enter into force on the day of its publication in the Official journal of the European Communities. It shall apply from 1 July 1996. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 28 June 1996. () OJ No L 125, 19. 5. 1977, p. 3. () OJ No L 119, 11. 5. 1990, p. 6. () OJ No L 118, 20. S. 1972, p. 1. 4 OJ No L 132, 16. 6. 1995, p. 8. §5) O] No L 156, 29. 6. 1996. (*) See page 110 of this Official Journal. For the Commission Franz FISCHLER Member of the Commission