
Article 1 
Sales by a tendering procedure of butter entered into storage before 1 October 2009 are open, under the conditions provided for in Title III of Regulation (EU) No 1272/2009.
The proposed price shall be the price per 100 kg of products.
Article 2 

1. The time limit for submission of tenders in response to the individual invitations to tender shall be 11.00 (Brussels time) on the first and third Tuesday of the month. However, in August it shall be 11.00 (Brussels time) of the fourth Tuesday and in December it shall be 11.00 (Brussels time) on the second Tuesday. If Tuesday is a public holiday the time limit shall be 11.00 (Brussels time) on the previous working day.
2. The time limit for the submission of tenders for the first individual tender is 1 June 2010 at 11.00 (Brussels time).
3. Tenders shall be submitted to the intervention agencies.
Article 3 
Notification provided for in Article 45 of Regulation (EU) No 1272/2009 shall be made by 16.00 (Brussels time), on the closing date of submission of tenders referred to in Article 2 of this Regulation.
Article 4 
By way of derogation from Article 44(b) of Regulation (EU) No 1272/2009, the tendering security for butter shall be EUR 200/tonne.
Article 5 
This Regulation shall enter into force on the third day following that of its publication in the Official Journal of the European Union.
This Regulation shall be binding in its entirety and directly applicable in all Member States.Done at Brussels, 21 May 2010.
For the Commission, On behalf of the President,
Dacian CIOLOŞ
Member of the Commission