No L 168/14 Official Journal of the European Communities 30. 6. 90 COMMISSION REGULATION: (EEC) No 1841/90 of 29 June 1990 amending Regulation (EEC) No 1569/77 fixing the procedure and conditions for the taking-over of cereals by intervention agencies THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic- Community, ‘ Having regard to Council Regulation (EEC) No 2727/75 of 29 October 1975 on the common organization of the market in cereals ('), as last amended by Regulation (EEC) No 1340/90 (3, and .in particular - Article 7 (6) thereof, Whereas Commission Regulation (EEC) No 1569/77 of 13 July 1977 fixing the procedure- and conditions for the taking-over of cereals by intervention agencies (), as last amended by Regulation (EEC) No-1022/90 (%), provides in particular that goods. delivered to intervention must be paid for between the 110th and 115th day following that of takeover; Whereas interest rates show substantial differences between the Member States; whereas, in these circum- stances, a relatively lengthy credit period results in diffe- rences in support for the market of cereals depending on - the Member State ; whereas, for the sake of sound mana- gement of the market, that period should be shortened ; Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Cereals, HAS ADOPTED THIS REGULATION: Article 1 Article 4 (2) of Regulation (EEC) No 1569/77 is hereby replaced by the following: ‘4. Payment.shall be made between the 30th and the 35th day following the date of .takeover.’. Article 2 This Regulation shall enter into force on.the day of its publication in the Official Journal of the European Communities. It shall apply from the 1990/91 marketing year. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done- at Brussels, 29 June 1990. - () OJ No L 281, 1. 11. 1975,p. 1. () OJ No L 134, 28. S. 1990, p. 1. () O No L 174, 14. 7. 1977, p. 15. () OJ No L 106, 26. 4. 1990, p. 11. For- the Commission Ray MAC SHARRY Member of the Commission