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( 1 ) OJ NO 117 , 19 . 6 . 1967 , P . 2269/67 .

( 2 ) OJ NO 120 , 21 . 6 . 1967 , P . 2352/67 .

( 3 ) OJ NO 129 , 21 . 6 . 1967 , P . 2356/67 .

REGULATION NO 158/67/EEC OF THE COMMISSION OF 23 JUNE 1967 DETERMINING THE COEFFICIENTS OF EQUIVALENCE BETWEEN THE QUALITIES OF CEREALS OFFERED ON THE WORLD MARKET AND THE STANDARD QUALITY FOR WHICH THE THRESHOLD PRICE IS FIXED

THE COMMISSION OF THE EUROPEAN ECONOMIC COMMUNITY ,

HAVING REGARD TO THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY ;

HAVING REGARD TO COUNCIL REGULATION NO 120/67/EEC ( 1 ) OF 13 JUNE 1967 ON THE COMMON ORGANISATION OF THE MARKET IN CEREALS , AND IN PARTICULAR ARTICLE 13 ( 4 ) THEREOF ;

WHEREAS ARTICLE 13 ( 2 ) OF THE ABOVE-MENTIONED REGULATION PROVIDES THAT C . I . F . PRICES FOR CEREALS SHALL BE ADJUSTED FOR ANY DIFFERENCES IN QUALITY AS COMPARED WITH THE STANDARD QUALITY FOR WHICH THE THRESHOLD PRICE IS FIXED BY MEANS OF A COEFFICIENT OF EQUIVALENCE ;

WHEREAS THRESHOLD PRICES MUST BE FIXED FOR STANDARD QUALITIES SET OUT IN COUNCIL REGULATION NO 129/67/EEC ( 2 ) OF 13 JUNE 1967 DETERMINING STANDARD QUALITIES FOR COMMON WHEAT , RYE , BARLEY , MAIZE AND DURUM WHEAT FOR THE 1967/68 MARKETING YEAR , AND COUNCIL REGULATION NO 130/67/EEC ( 3 ) OF 13 JUNE 1967 DETERMINING STANDARD QUALITIES FOR CERTAIN CEREALS AND CERTAIN CLASSES OF FLOURS , GROATS AND MEAL AND THE RULES FOR FIXING THRESHOLD PRICES FOR THESE CLASSES OF PRODUCTS ;

WHEREAS IT IS APPROPRIATE IN DETERMINING COEFFICIENTS OF EQUIVALENCE TO TAKE AS A BASIS THE CHARACTERISTICS AND PRICES OF THE DIFFERENT QUALITIES OF CEREALS USUALLY OFFERED ON THE WORLD MARKET ;

WHEREAS , IF THE PRICE DISPARITIES BETWEEN THE DIFFERENT QUALITIES OF CEREALS OFFERED NO LONGER CORRESPOND TO THOSE TAKEN AS A BAIS FOR DETERMINING THE COEFFICIENTS OF EQUIVALENCE , OR IF ANY QUALITIES OF CEREALS NOT MENTIONED IN THIS REGULATION ARE OFFERED IN THE WORLD MARKET , THE COMMISSION MUST BE ABLE TO APPLY DIFFERENT OR NEW COEFFICIENTS OF EQUIVALENCE UNTIL SUCH TIME AS THIS REGULATION IS REVISED ;

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

WITH A VIEW TO DETERMINING THE C . I . F . PRICE OF CEREALS , THE ADJUSTMENTS REFERRED TO IN ARTICLE 13 ( 2 ) OF REGULATION NO 120/67/EEC SHALL BE MADE BY APPLYING THE COEFFICIENTS OF EQUIVALENCE LISTED IN THE ANNEX TO THIS REGULATION .

ARTICLE 2

1 . THE COMMISSION MAY , EXCEPTIONALLY , APPLY COEFFICIENTS OF EQUIVALENCE DIFFERENT FROM THOSE LISTED IN THE ANNEX TO THIS REGULATION IF THE PRICE DISPARITIES BETWEEN THE DIFFERENT QUALITIES OF CEREALS OFFERED DO NOT CORRESPOND TO THOSE TAKEN AS A BASIS FOR DETERMINING THESE COEFFICIENTS OF EQUIVALENCE .

IN THIS CASE THE C . I . F . PRICE SHALL BE DETERMINED BY MEANS OF COEFFICIENTS OF EQUIVALENCE CORRESPONDING TO THE COMMISSION'S ASSESSMENT OF THE DIFFERENT QUALITIES OF CEREALS OFFERED AT THE TIME .

2 . IF QUALITIES OF CEREALS NOT LISTED IN THE ANNEX TO THIS REGULATION ARE OFFERED ON THE WORLD MARKET , THE COMMISSION MAY APPLY COEFFICIENTS OF EQUIVALENCE DERIVED FROM THOSE LISTED IN THAT ANNEX , TAKING INTO ACCOUNT THE PRICE DISPARITIES BETWEEN THE QUALITIES OF CEREALS IN QUESTION AND THE QUALITIES OF CEREALS LISTED IN THE ANNEX TO THIS REGULATION , AND ALSO THE CHARACTERISTICS OF THESE VARIOUS CEREALS .

3 . HOWEVER , THE PROVISIONS OF PARAGRAPHS 1 AND 2 MAY BE APPLIED ONLY FOR A PERIOD OF TWENTY-ONE DAYS FOR ANY ONE COEFFICIENT OF EQUIVALENCE . WITHIN THIS TIME LIMIT THE ANNEX TO THIS REGULATION MUST BE REVISED IN ACCORDANCE WITH THE PROCEDURE LAID DOWN IN ARTICLE 26 OF COUNCIL REGULATION NO 120/67/EEC . HOWEVER , THIS REVISION SHALL NOT AFFECT THE VALIDITY OF THE COEFFICIENT PROVISIONALLY USED BY THE COMMISSION .

ARTICLE 3

THIS REGULATION SHALL ENTER INTO FORCE ON 1 JULY 1967 .

THIS REGULATION SHALL BE BINDING IN ITS ENTIRETY AND DIRECTLY APPLICABLE IN ALL MEMBER STATES .

DONE AT BRUSSELS , 23 JUNE 1967 .

FOR THE COMMISSION

THE PRESIDENT

WALTER HALLSTEIN

ANNEX : VOIR OJ .