Commission Implementing Regulation (EU) No 1191/2011 of 18 November 2011 amending Regulation (EU) No 479/2010 laying down rules for the implementation of Council Regulation (EC) No 1234/2007 as regards Member States’ notifications to the Commission in the milk and milk products sector

‘2 Not later than the 15th of each month and in respect of ex-factory prices recorded in the previous month for the products listed in Annex I.B, Member States shall notify to the Commission:’;

‘4 For the purpose of paragraphs 1 and 2, “ex-factory price” means the price at which the product is purchased from the enterprise, excluding taxes (VAT) and any other cost (transport, loading, handling, storage, pallets, insurance, etc.). Member States shall ensure that the notified price is representative of the prevailing market situation. The notified price shall be based on the most adequate available source of information, namely on: (a) sales that have been invoiced in the reference period; and/or (b) contracts concluded in the reference period for deliveries within three months.’;

This Regulation shall enter into force on the seventh day following its publication in the Official Journal of the European Union. It shall apply from 1 December 2011.