
Article 1 
Sales by a tendering procedure of skimmed milk powder entered into storage before 1 November 2015 are open under the conditions provided for in Chapter III of Title II of Implementing Regulation (EU) 2016/1240.
Article 2 

1. The period during which tenders may be submitted in response to the first partial invitation to tender shall end on 13 December 2016 at 11.00 (Brussels time).
2. The periods during which tenders may be submitted in response to the second and subsequent partial invitations shall begin on the first working day following the end of the preceding period. They shall end at 11.00 (Brussels time) on the first and third Tuesday of the month. However, in August it shall be 11.00 (Brussels time) on 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.
3. Tenders shall be submitted to the paying agencies approved by the Member States.
Article 3 
The minimum quantity of skimmed milk powder for which a tender may be submitted shall be 20 tonnes.
The proposed price shall be the price per 100 kg of product.
Article 4 
When submitting a tender for the sale of skimmed milk powder, a security of EUR 50/tonne shall be lodged to the paying agency where the tender is submitted.
Article 5 
The notification provided for in Article 31(1) of Implementing Regulation (EU) 2016/1240 shall be made in accordance with Regulation (EC) No 792/2009 by 16.00 (Brussels time) on the days referred to in Article 2 of this Regulation.
Article 6 
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, 25 November 2016.
For the Commission,
On behalf of the President,
Phil HOGAN
Member of the Commission