
Article 1 

1. Where beef products held by an intervention agency and stored on the territory of a Member State other than the Member State within whose jurisdiction that agency falls are sold at a price fixed in advance, the selling price of those products shall correspond to the selling price of an identical product in the Member State within whose jurisdiction the intervention agency falls, minus or plus any monetary or accession compensatory amounts applicable in trade between that Member State and the Member State on whose territory the product is stored.
2. The rate to be used to calculate the monetary and accession compensatory amounts referred to in paragraph 1 shall be that applicable on the day on which the contract of sale is concluded.
Article 2 

1. Where the products held by an intervention agency and stored in a non-member country are sold at a price fixed in advance, the selling price of the product shall correspond to the selling price of an identical product in the Member State within whose jurisdiction the intervention agency falls, minus the amount of the lowest refund and minus or plus any monetary or accession compensatory amounts which would be applicable if the identical product was exported to non-member countries.
2. The rate to be used to calculate the amount of the lowest refund and the monetary and accession compensatory amounts referred to in paragraph 1 shall be that applicable on the day on which the contract of sale is concluded.However, if on the day on which the contract is concluded the purchaser produces a certificate of advance fixing of the refund, the rate to be used to calculate the amount of the lowest refund shall be that applicable on the day of the advance fixing.Where the preceding subparagraph applies, the day on which the contract of sale is concluded shall be considered as the day on which customs export formalities are completed.Notwithstanding Article 9 (3) of Regulation (EEC) No 193/75, the intervention agency shall make the entries on and endorse the certificate.
3. If the purchaser provides proof within six months from the day on which the contract of sale was concluded that the products purchased were placed in free circulation in the non-member country where they were stored or in another non-member country, the difference between the amount of the refund applicable for the non-member country where the products were placed in free circulation and the amount of the lowest refund shall be deducted from the selling price as specified in paragraph 1.The proof referred to in the preceding subparagraph shall be provided in accordance with Article 11 of Regulation (EEC) No 192/75.
Article 3 
Where beef products held by an intervention agency and stored on the territory of one or more Member States other than the Member State within whose jurisdiction that agency falls, or in a non-member country, are sold by tender, a minimum selling price shall be fixed, in accordance with the procedure laid down in Article 27 of Regulation (EEC) No 805/68, for each Member State or non-member country where the products are stored and for each product.
Article 4 
The selling prices of the products covered by this Regulation shall be paid in the currency of the Member State within whose jurisdiction the intervention agency which holds the products falls.
Article 5 
For the purposes of this Regulation, the day on which the intervention agency accepts the request for a contract shall be considered as the day on which the contract of sale is concluded.
Article 6 
This Regulation shall enter into force on the day of its publication in the Official Journal of the European Communities.
It shall apply to products stored outside the territory of the Member State within whose jurisdiction the intervention agency which holds those products falls, irrespective of the date on which storage thereof commenced.
This Regulation shall be binding in its entirety and directly applicable in all Member States.Done at Brussels, 4 August 1977.
For the Commission
Finn GUNDELACH
Vice-President