Commission Regulation (EC) No 980/1999 of 7 May 1999 fixing the maximum purchasing price for butter for the 239th invitation to tender carried out under the standing invitation to tender governed by Regulation (EEC) No 1589/87
L 120/20 EN Official Journal of the European Communities 8. 5. 1999 COMMISSION REGULATION (EC) No 980/1999 of 7 May 1999 fixing the maximum purchasing price for butter for the 239th invitation to tender carried out under the standing invitation to tender governed by Regula- tion (EEC) No 1589/87 THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Community, Having regard to Council Regulation (EEC) No 804/68 of 27 June 1968 on the common organisation of the market in milk and milk products (1), as last amended by Regula- tion (EC) No 1587/96 (2), and in particular the first subparagraph of Article 7a(1) first indent and Article 7a(3) thereof, Whereas Article 5 of Commission Regulation (EEC) No 1589/87 of 5 June 1987 on the sale by tender of butter to intervention agencies (3), as last amended by Regulation (EC) No 124/1999 (4), provides that, in the light of the tenders received for each invitation to tender, a maximum buying-in price is to be fixed in relation to the interven- tion price applicable and that it may also be decided not to proceed with the invitation to tender; Whereas 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 For the 239th invitation to tender issued under Regula- tion (EEC) No 1589/87, for which tenders had to be submitted not the maximum later than 4 May 1999, buying-in price is fixed at 295,38 EUR/100 kg. Article 2 This Regulation shall enter into force on 8 May 1999. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 7 May 1999. For the Commission Franz FISCHLER Member of the Commission (1) OJ L 148, 28. 6. 1968, p. 13. (2) OJ L 206, 16. 8. 1996, p. 21. (3) OJ L 146, 6. 6. 1987, p. 27. (4) OJ L 16, 21. 1. 1999, p. 19