Article 1
For the 2005 fishing year, the standard values to be used in calculating financial compensation and associated advances for fishery products withdrawn from the market by producer organisations and intended for purposes other than human consumption, as referred to in Article 21(5) of Regulation (EC) No 104/2000, are set out in the Annex to this Regulation.
Article 2
The standard value to be deducted from financial compensation and associated advances shall be that applied in the Member State in which the producer organisation is recognised.
Article 3
This Regulation shall enter into force on the day following its publication in the Official Journal of the European Union.
It shall apply from 1 January 2005.
This Regulation shall be binding in its entirety and directly applicable in all Member States.
Done at Brussels, 28 December 2004.
For the Commission
Joe Borg
Member of the Commission