1.Article 11 (1) of Regulation (EEC) No 804/68 of the Council of 27 June 1968 on the common organization of the market in milk and milk products (JO L 148, p. 13 — OJ, English Special Edition 1968 (I), p. 176) provides that aid shall be granted for Community-produced skimmed milk processed into casein, if such milk and the casein produced from it reach certain standards.The aid is to be paid to the manufacturer of casein or caseinates. The manu facturers are to include it in the purchase price paid to the suppliers of skimmed milk, either directly or indirectly through the suppliers of raw casein. The aid is to be paid by the intervention agency of the Member States on whose territory the casein or caseinates are manufactured (Article 2 of Regulation (EEC) No 987/68 of the Council of 15 July 1968, laying down general rules for granting aid for skimmed milk processed into casein or caseinates' JO L 169, p. 6 — OJ, English Special Edition 1968 (I), p. 262).The aid may vary according to whether the skimmed milk is processed into casein or caseinates and according to the quality of those products (Article 3 (1) of Regulation No 987/68).Aid is to be granted only after the casein or caseinates have been marketed (Article 4 of Regulation (EEC) No 756/70 of the Commission of 24 April 1970, on granting aid for skimmed milk processed into casein and caseinates, JO L 91, p. 28 - OJ, English Special Edition 1970 (I), p. 201)Article 1 of Regulation (EEC) No 3061/73 of the Commission of 12 November 1973, amending Regulation (EEC) No 756/70 (OJ L 312, p. 11), in force during the period in question in the present case, fixes the aid at 3.20 u.a. per 100 kg of skimmed milk.On 7 October 1974 the representative conversion rate between the unit of account and the Irish pound was changed from £ = 2.1644 u.a. to £ = 1.9485 u.a. (Regulation (EEC) No 2498/74 of the Council of 2 October 1974 fixing representative conversion rates to be applied in agriculture for the currencies of the new Member States. OJ L 126, p. 6). The rules laid down in Regulation (EEC) No 1134/68 of the Council of 30 July 1968, laying down rules for the implementation of Regulation (EEC) No 653/68 on conditions for alterations to the value of the unit of account used for the common agricultural policy (JO L 188, p. 1 - OJ, English Special Edition 1968 (II), p. 396) were deemed to apply to the abovementioned case of alteration of the representative conversion rate.Regulation No 1134/68 provides in Article 4 (2) that:‘For transactions carried out pursuant to provisions on the common agricultural policy or special trade systems for goods processed from agricultural products, the sums owed to or by a Member State or a duly authorized body, expressed in national currency and representing amounts fixed in those provisions in units of account, shall be paid on the basis of the relationship between the unit of account and the national currency which obtained at the time when the transaction or part transaction was carried out’.Regulation No 1134/68 provides in Article 6 that:‘For the purposes of this Regulation, the time when a transaction is carried out shall be considered as being the date on which occurs the event, as defined by Community rules or, in the absence of and pending adoption of such rules, by the rules of the Member State concerned, in which the amount involved in the transaction becomes due and payable.’
Source: EUR-Lex, © European Union, 1998-2026. Reuse authorised under Decision 2011/833/EU.