CELEX: 31986R1450
Language: en
Date: 1986-05-13 00:00:00
Title: Council Regulation (EEC) No 1450/86 of 13 May 1986 fixing rice prices for the 1986/87 marketing year

No L 133 / 2                               Official Journal of the European Communities                                   21.5.86
                                         COUNCIL REGULATION (EEC) No 1450/86
                                                           of 13 May 1986
                                         fixing rice prices for the 1986/87 marketing year
THE COUNCIL OF THE EUROPEAN COMMUNITIES,                              Whereas, for the products referred to in this Regulation,
Having regard to the Treaty establishing the European                 the application of the criteria for the fixing of the
Economic Community, and in particular Article 43
                                                                      different prices and the application of the measures
thereof,                                                              provided for in respect of the exchange rates to be
                                                                       applied in agriculture entail fixing those prices at the
Having regard to the Act of Accession of Spain and of                 levels indicated below ;
Portugal, and in particular Article 89 ( 1 ) thereof,                 Whereas, under Article 68 of the Act of Accession of
Having regard to Council Regulation (EEC) No                          Spain and Portugal, prices in Spain have been set at a
1418 /76 of 21 June 1976 on the common organization                   level differing from that of the common prices ; whereas
of the market in rice ('), as last amended by Regulation              pursuant to Article 70 ( 1 ) of the Act these prices should
(EEC) No 1449/ 86 (2), and in particular Article 3 (3)                be aligned with the common prices in annual steps at the
thereof,                                                              beginning of each marketing year; whereas the rules on
                                                                      this alignment laid down give the Spanish prices set
Having regard to the proposal from the Commission (3),                below,
Having regard to the opinion of the European Parlia­                  HAS ADOPTED THIS REGULATION :
ment (4),
                                                                                                  Article 1
Having regard to the opinion of the Economic and
Social Committee (5),                                                 For the 1986/87 marketing year, rice prices shall be as
                                                                      follows :
Whereas the markets and prices policy, based on modern
farms, is the main instrument of the incomes policy in                  I. Community of Ten :
agriculture ; whereas full advantage cannot be drawn                       (a) intervention price, paddy rice : 314,19 ECU per
                                                                               tonne ;
from such a policy unless it is integrated into the
common agricultural policy as a whole, including a                         (b) target price, husked rice : 548,37 ECU per tonne.
dynamic social and structural policy and the application              II. Spain :
of the rules on competition contained in the Treaty;                       (a) intervention price, paddy rice : 258,00 ECU per
Whereas the intervention price for paddy rice must be                          tonne ;
fixed at a rate which takes simultaneous account of the                    (b) target price, husked rice : 548,37 ECU per tonne.
policy in respect of rice production, of the uses to which
                                                                                                  Article 2
it is put and of the improvement of farm incomes ;
Whereas the target price for husked rice must be derived              This Regulation shall enter into force on the third day
from the intervention price for paddy rice, in accordance             following its publication in the Official Journal of the
with the criteria set out in Article 4 (3) of Regulation               European Communities.
(EEC) No 1418 /76 ;                                                   It shall apply from 1 September 1986 .
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                    States .
                    Done at Brussels, 13 May 1986 .
                                                                                              For the Council
                                                                                               The President
                                                                                            W. F. van EEKELEN
(') OJ No L 166, 25 . 6 . 1976, p. 1 .
(2) See page 1 of this Official Journal.
C) OJ No C 85, 14. 4. 1986, p. 7.
(4) Opinion delivered on 17 April 1986 (not yet published in the
     Official Journal).
(s) OJ No 118 , 20 . 5 . 1986 , p. 1 .