OfficialJournaloftheEuropeanCommunities 3
3277/66 OFFICIALJOURNALOFTHEEUROPEANCOMMUNITIES 27.10.66
REGULATION No155/66/EECOFTHECOUNCIL
of25October1966
onthefinancingofinterventionexpenditureinrespectoftheinternalmarketinrice
HASADOPTEDTHISREGULATION :
Article1THECOUNCIL OFTHEEUROPEAN ECONOMIC
vCOMMUNITY ,
HavingregardtotheTreaty^establishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo251onthe
financingofthecommonagriculturalpolicy;
HavingregardtoCouncilRegulationNo17/64/EEC2
ontheconditionsforgrantingaidfromtheEuropean
AgriculturalGuidanceandGuaranteeFund,andinpar­
ticularArticle6thereof;
HavingregardtotheproposalfromtheCommission ;
WhereastheconditionsforgrantingaidfromtheEuro­
peanAgriculturalGuidanceandGuaranteeFundshould
bedeterminedforCommunityfinancingofintervention
expenditureineachsectorofthecommonorganization
ofthemarkets;whereastheinterventionsystemforrice
islaiddowninArticle18ofCouncilRegulationNo16/
64/EEC3;
Whereas,duetotheexistenceofagradedpricesystem,
thestorageofhome-produced paddyricewhichhasbeen
thesubjectofinterventioninaccordancewithArticle
18(2)ofRegulationNo16/64/EECmaywhenthetran­
sitionismadefromoneseasontothenextgiveriseto
lossesorexpenditurewhichmeettheconditionslaid
downinArticle6(1)ofRegulationNo17/64/EEC;
Whereas,intheabsenceofacommonpricelevelforrice,
thebasistakenshouldbethedifferentpricelevelsbe­
tweenoneMemberStateandanother,andtheprice
ratiosexistingwithineachMemberState;
Whereasthepricesfortheareahavingthegreatestsur­
plusineachproducerMemberStatemustbetakenasthe
basisforcalculation ,sinceintervention iscarriedout'
mainlyinsurplusareas;
Whereasstandardcriteriashouldbeusedsoastoelimi­
natealldifferencesotherthanthedifferenceresulting
frompricelevelsandratiosinMemberStates,1.Lossessufferedorexpenditureborneduringthetran­
sitionfromonemarketingyeartothenextonstocksof
home-produced paddyricewhichhasbeenthesubjectof
interventionbyproducerMemberStatesinaccordance
withArticle18(2)ofRegulationNo16/64/EECshall
beeligibleforaidfromtheEuropeanAgriculturalGuid­
anceandGuaranteeFund,pursuanttoArticle6(1)of
RegulationNo17/64/EEC.
2.IneachMemberStatethequantitiesofhome-pro­
ducedpaddyriceinstorageonthelastdayofthemar­
ketingyear,otherthanpaddyricefromthenewcrop,
shallbetakenintoaccount:
(a)asregardspaddyricetakenintostorageastheresult
ofcompulsoryaction,inrespectofthewhole;
<b)asregardspaddyricetakenintostorageunderaction
intendedtoavoid,compulsoryaction,afterdeduction
ofaquantity ,corresponding toone-twelfthofthe
industry'stotalannualconsumptionforinternalre­
quirements .
Thevolumeofsuchconsumptionshallbeestablishedin
accordancewiththeprocedurelaiddowninArticle7of
RegulationNo17/64/EEC.
3.Lossessufferedorexpenditureborneshallbecalcu­
latedineachproducerMemberStateonthebasisofthe
differencebetween:
theinterventionpricevalidforthelastmonthofthe
marketingseasonintheareahavingthegreatestsur­
plusinrespectof100kilogrammesofpaddyrice,plus
theamountindicatedbelow,and
-thetargetpricevalidinthesameareaforthefirst
monthofthefollowingmarketingyear,inrespectof
thequantityofhuskedricecorresponding tosuch100
kilogrammesofpaddyrice,adjustedonthebasisof
theconversionscale,millingcostsandvalueofby­
products,determinedinaccordancewithArticle7(c)
and(d)ofRegulationNo16/64/EEC.
Theamountbywhichtheinterventionpriceshallbein­
creasedshallbeequalto;1OJNo30,20.4.1962,p.991/62.
2OJNo34,27.2.1964,p.586/64.
3OJNo34,27.2.1964,p.574/64.

4 OfficialJournaloftheEuropeanCommunities
monthstowhichthegradingofpricesinMemberState
concernedappliesforthelastmarketingyear.
4.Securitystockssetupintheabsenceofadecisionby
theCommunityshallnotbefinancedbytheFund.-twoandahalfmonthlyincreasesoftheintervention
priceinrespectofquantitiesresultingfromcompul­
soryaction,
-twomonthlyincreasesoftheinterventionpriceinres­
pectofquantitiesresultingfromactionintendedto
avoid,whollyorinpart,compulsoryaction.
Eachsuchmonthlyincreaseshallbeequaltotheaverage
oftheincreasesfixedinrespectoftheeightconsecutiveArticle2
TheFund'scontributiontoexpenditurebyaMember
StateshallnotexceedthatpartofsuchMemberState's
actualexpenditurewhichiseligible.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMemberStates.
DoneatBrussels,25October1966.
FortheCouncil
ThePresident .
B.W.BIESHEUVEL ,