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DOCUMENTS "COM"
COM(74)884
Vol.1974/0135

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COMMISSION OFTHEEUROPEAN COMMUNITIES
COM(74)884final
Brussels,19June1974
Proposalfora
REGULATION (EEC)OFTHECOUNCIL
amendingRegulation(EEC)No1968/73layingdown
generalrulesto"beappliedintheeventofthe
cerealsmarket "beingdisturbed
(submittedtotheCouncil "bytheCommission)
COK(74)8C4final

EXPIRATORY STATE!IElfr
InitsdraftRegulationentitled"amendingRegulation Ho120/67/ESConthe
conimonorganisation ofthemarketincereali;"theCommissionproposed,inter
alia,anamendmentofArticle19•Thereitwasproposedtobasethetriggering
ofmeasures(tobetakenincaseofdisturbanceonthemarket)onpriceswhich
conformedmorecloselytotheaimofArticle19tinsteadofconsideringthe
c.i.f.priceandthethresholdprice.
Theintervention priceandthequotationsorpricesontheworldmarketviere
considered moresuitedtothispurpose*TheamendmentofArticle19necessi­
tatesacorresponding changeinCouncilRegulation(EEC)ITo1968/73?this
changeistheprincipalaimoftheattacheddraftRegulation.

Proposai fara
REGULATTOK (EEC)0^THECOUHCIL ..
amending Regulation (EEC)No19^8/73laying down general rules
tobeapplied intheevent ofthecereals market being distur­
bed
THECOUNCIL OPTHEEUROPEAN COIMU1TITIE3 ,
Having regard totheTreaty establishing theEuropean Economic Community !
Having regard toCouncil Regulation No120/67/EEC of13June I967 »on
thecommon organisatr .onofthemarket incereals ,aslast amended "byRegu­
lation (EEC)No/74^ andinparticular Article 19(2)thereof |
Having regard totheproposal from theCommission ;
Whereas Article 1ofCouncil Regulation (EEC)No1963/73 of19July 1973j
laying down general rules tobeapplied intheevent ofthecereals market
being disturbed ,aslast amended byRegulation (EI/.')No676/74 ^xes
inparticular thecriteria xvhich must bemet inorder totrigger themeasures
provided forintheevent ofthemarket being disturbed ;whereas theamendment
ofArticle 19ofRegulation No120/f7/'E3Casprovided forinRegulation (EEC)
(5.»)No /74 neoesri":ates acorresponding change intheprovisions ofthe
afore-mentioned Article I5
HAS ADOPTED THIS REGULATION :
Article 1
Article 1ofRegulation (EEC)No1968/73isreplaced bythefollowing !
"1.Within themeaning ofArticle 19ofRegulation NoI20/67/SEC,asigni­
ficant excess over theintervention price shall exist when quotations
orprices ontheworld market exceed theintervention price applicable
attheports ore::it points forsurplus areas oftheCommunity byat
least twoper cent .
2.This excess shall beregarded asbeing likely tocontinue where anim­
balance between supply anddemand isestablished andwhere this imba­
lance islikely topersist ,having regard toforseeable production and
market price trends .
(1)OJNo117,19.6.1967 ,p.2269/67.
(2)xDraft Regulation "amending Regulation NoI20/67/ESConthecommon orga­
nisation ofthe market incereals ."
(3)OJNoL201,21.7.1973 ,p.10.
(4)OJNoL33f28.3.1974 »P*3. (*a)Regulation cited infootnote 2.

3.TheConnunity uarket shall beremarried as"beirig disturbed asaresult
ofthesituation referred toinparagraphs 1and 2,where international
trade prices are sohigh astoinpede importation ofproducts mentioned
inArticle 2ofRegulation Ho120/57/SECinto theComir ,unity ,orprovoke
exportation ofsuch products froiu theCommunity ,such astoputatrisk
thestability ofthemarket orthesecurity ofsupplies ,"
Article 2
This Regulation shall enter into force onthethird dayfollowing itspubli­
cation intheOfficial Journal oftheEuropean Connunities .
This Regulation shall bebinding initsentirety anddirectly applicable
inall Ileraber Stat33.
Bone atBrussels , FortheCouncil
The President