CELEX: 31977R1159
Language: en
Date: 1977-05-17 00:00:00
Title: Council Regulation (EEC) No 1159/77 of 17 May 1977 fixing rice prices for the 1977/78 marketing year

2. 6. 77                               Official Journal of the European Communities                        No L 136/ 15
                                          COUNCIL REGULATION (EEC) No 1159/77
                                                           of 17 May 1977
                                     fixing rice prices for the 1977/78 marketing year
    THE COUNCIL OF THE EUROPEAN                                      Whereas the target price for husked rice should be
    COMMUNITIES,                                                     derived from the intervention price for paddy rice, in
                                                                     accordance with the criteria set out in Article 4(3) of
    Having regard to the Treaty establishing the European            Regulation (EEC) No 1418/76 ;
    Economic Community, and in particular Article 43
    thereof,                                                         Whereas, in respect of the products referred to in this
                                                                     Regulation, the application of the criteria for the
    Having regard to Council Regulation (EEC) No                     fixing of the different prices, and the application of
    1418/76 of 21 June 1976 on the common organiza­                  the measures provided for in respect of the exchange
    tion of the market in rice ( !), as amended by Regula­           rates to be applied in agriculture, entail the fixing of
    tion (EEC) No 11 58/77 (2), and in particular Article            those prices at the levels shown in Article 1 ,
    3 (3) thereof,
    Having regard to the proposal from the Commission,
                                                                     HAS ADOPTED THIS REGULATION :
    Having regard to the opinion of the European Parlia­
    ment (3),                                                                                 Article 1
   Whereas the markets and prices policy, based on                   For the 1977/78 marketing year, the rice prices shall
    modernized farms, is the main instrument of the                  be as follows :
   incomes policy in agriculture ; whereas full advantage
   cannot be drawn from such a policy unless it is inte­             (a) intervention price :
   grated into the common agricultural policy as a                       171-55 units of account per tonne for paddy rice ;
   whole, including a dynamic social and structural                  (b) target price :
   policy and the application of the rules on competition
   contained in the Treaty ;                                             295-71 units of account per tonne for husked rice.
   Whereas the intervention price for paddy rice must be                                      Article 2
   fixed at a rate which takes account of the guidance to
   be given to rice production, of its use and of the                This Regulation shall enter into force on 1 September
   improvement of farm incomes ;                                     1977 .
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                   States .
                   Done at Brussels, 17 May 1977.
                                                                                 For the Council
                                                                                  The President
                                                                                    J. SILKIN
i ( i ) OJ No L 166, 25 . 6. 1976, p. 1 .
! (2) See page 13 of this Official Journal ,
i (3 ) OJ No C 93 , 18 . 4. 1977, p. 1 1 .