CELEX: 31975R0477
Language: en
Date: 1975-02-27 00:00:00
Title: Regulation (EEC) No 477/75 of the Council of 27 February 1975 amending Regulation (EEC) No 2737/73 laying down general rules to be applied in the event of the rice market being disturbed

28 . 2. 75                                  Official Journal of the European Communities                              No L 52 /33
                                       REGULATION (EEC) No 477/75 OF THE COUNCIL
                                                         of 27 February 1975
                amending Regulation (EEC) No 2737/73 laying down general rules to be applied in the
                                             event of the rice market being disturbed
THE COUNCIL OF THE EUROPEAN                                                ' 1 . Within the meaning of Article 21 of
COMMUNITIES ,                                                              Regulation No 359/67/EEC, quotations or prices
                                                                          on the world market shall be regarded as having
Having regard to the Treaty establishing the                               reached the level of Community prices when they
                                                                           approach or exceed the threshold price.
European Economic Community ;
Having regard to Council Regulation No                                     2. The situation referred to in paragraph 1 shall
359/67/EEC (*) of 25 July 1967 on the common                               be regarded as being likely to continue and
organization of the market in rice, as last amended                        deteriorate when an imbalance between supply
by Regulation (EEC) No 476/75 (2), and in                                  and demand        is  established   and   where    this
particular Article 19 (2) thereof;                                         imbalance is likely to persist, having regard to
                                                                           foreseeable production and market price trends.
Having regard to the proposal from the Commission;
                                                                           3 . The Community market shall be regarded as
Whereas Article 1 of Council Regulation (EEC)                              being disturbed or threatened with disturbance,
No 2737/73 (3) of 8 October 1973 laying down                               as a result    of    the  situation   referred  to   in
general rules to be applied in the event of the rice                       paragraphs 1 and 2, where international trade
market being disturbed, fixes in particular the criteria                   prices are so high as to impede the importation
to be taken into account for triggering the measures                        of products mentioned in Article 1 ( 1 ) (a) and (b)
provided for in the event of the market being                               of Regulation No 359/67/EEC into the Com­
disturbed ; whereas the amendment of Article 21 of                          munity, or provoke the exportation of such
Regulation No 359/67/EEC introduced by Regulation                           products from the Community, so as to put at
 (EEC) No 476/75 necessitates a corresponding                               risk the stability of the market or the security
 change in the aforementioned Article 1,                                    of supplies.'
 HAS ADOPTED THIS REGULATION :
                                                                                                 Article 2
                                Article 1
                                                                       This Regulation shall enter into force on the third
 Article 1 of Regulation (EEC) No 2737/73 shall be                     day following its publication in the Official Journal
 replaced by the following:                                            of the European Communities.
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States .
                 Done at Brussels, 27 February 1975 .
                                                                                                For the Council
                                                                                                  The President
                                                                                                M. A. CLINTON
  ( J ) OJ No 174 , 31 . 7 . J 967 , p. 1 .
  ('-) See page 31 of this Official Journal .
  (3) OJ No L 282 , 9. 10 . 1973 , p. 13 .