CELEX: 31974R1765
Language: en
Date: 1974-07-08 00:00:00
Title: Regulation (EEC) No 1765/74 of the Commission of 8 July 1974 amending Regulation (EEC) No 1493/71 as regards the calculation of price increases and reductions applicable to intervention in durum wheat, barley, maize and rye

No L 185/8                              Official Journal of the European Communities                                 9 . 7. 74
                             REGULATION (EEC) No 1765/74 OF THE COMMISSION
                                                         of 8 July 1974
               amending Regulation (EEC) No 1493/71 as regards the calculation of price
               increases and reductions applicable to intervention in durum wheat, barley,
                                                         maize and rye
THE COMMISSION OF THE EUROPEAN                                           Price increases and reductions applicable to
COMMUNITIES,                                                            common wheat shall be calculated by application
Having regard to the Treaty establishing the European                   of the percentages provided for in Articles 3, 4 and
Economic Community ;                                                    6 to the basic intervention price valid at the begin­
                                                                        ning of the marketing year. Derived intervention
Having regard to Council Regulation No 120/                             prices shall be increased or reduced by the amount
67/EEC ( 1 ) of 13 June 1967 on the common organiza­                    of the price increases or reductions thus calcu­
tion of the market in cereals, as last amended by Regu­                 lated'.
lation (EEC) No 11 25/74 (2), and in particular Article
7 (5) thereof ;
Whereas       Commission           Regulation     (EEC)    No                                 Article 2
1493/71 (3) of 13 July 1971 on price increases and
reductions applicable to intervention in cereals, as last
amended by Regulation (EEC) No 2070/73 (4),                        The text of Article 2 (2) of Regulation (EEC) No
provides in Article 2 ( 1 ) that price increases and reduc­        1493/71 is replaced by the following :
tions shall be calculated by applying the percentages
provided for in Articles 3, 4 and 6 to the basic inter­                 'Price increases and reductions applicable to
vention price valid at the beginning of the marketing                   durum wheat, barley, maize and rye shall be calcu­
year ;                                                                  lated by application of the percentages provided
Whereas in the cases of durum wheat, barley, maize                      for in Articles 3, 4 and 6 to the single intervention
and rye, cereals for which a basic intervention price                   price valid for each of these cereals at the begin­
has not been provided, a single intervention price for                  ning of the marketing year.
each of those cereals, valid in all the marketing
                                                                        However for the application in the new Member
centres appointed for those cereals has been fixed for                  States until the 31 December 1977 of the provi­
the Community ; whereas it is thus advisable to fix for
these cereals a method of calculating, by reference to                  sions of the previous paragraph , the single inter­
                                                                        vention price shall be reduced by the accession
the single intervention price the price increases and
                                                                        compensatory amount applicable, as regards each
reductions applicable to intervention ;
                                                                      - Member State, to trade in the cereal in question
Whereas the measures provided for in this Regulation                    with the Community as originally constituted'.
are in accordance with the Opinion of the Manage­
ment Committee for Cereals,
 HAS ADOPTED THIS REGULATION :                                                                Article 3
                            Article 1
                                                                   This Regulation shall enter into force on the day
The text of the first paragraph of Article 2 ( 1 ) of Regu­        following its publication in the Official Journal of
lation (EEC) No 1493/71 is replaced by the following :              the European Communities.
               This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels, 8 July 1974.
                                                                                For the Commission
                                                                                   The President
                                                                              Francois-Xavier ORTOL1
(>) OJ No    117, 19. 6.  1967, p.  2269/67.
(2) OJ No    L 128 , 10. 5. 1974,   p. 12.
(3) OJ  No   L 157, 14.  7. 1971 ,  p. 21 .
(4) OJ No   L 210, 31 .  7 . 1973 , p. 29 .