CELEX: 31975R0086
Language: en
Date: 1975-01-13 00:00:00
Title: Regulation (EEC) No 86/75 of the Council of 13 January 1975 amending Regulation (EEC) No 1968/73 laying down general rules to be applied in the event of the cereals market being disturbed

No L 11 / 2                              Official Journal of the European Communities                                 16 . 1 . 75
                                   REGULATION ( EEC) No 86/75 OF THE COUNCIL
                                                       of 13 January 1975
                amending Regulation (EEC) No 1968 /73 laying down general rules to be applied
                                    in the event of the cereals market being disturbed
THE COUNCIL OF THE EUROPEAN                                             ' 1 . Within the meaning of Article 19 of Regula­
COMMUNITIES ,                                                           tion No 120/ 67/ EEC, quotations or prices on the
                                                                        world market shall be regarded as having reached
 Having regard to the Treaty establishing the European                  the level of Community prices when they
 Economic Community ;
                                                                        approach or exceed the threshold price.
 Having regard to Council Regulation No 120/
67/ EECC ) of 13 June 1967 on the common organiza­                      2. The situation referred to in paragraph 1 shall
tion of the market in cereals, as last amended by Regu­                 be regarded as being likely to continue and deteri­
lation (EEC) No 85/75 (2 ), and in particular Article 19                orate when an imbalance between supply and
(2) thereof ;                                                           demand is established and where this imbalance is
                                                                        likely to persist, having regard to foreseeable
 Having regard to the proposal from the Commission ;                    production and market price trends .
Whereas Article 1 of Council Regulation ( EEC) No
 1 968/73 (3 ) of 19 July 1973 laying down the general                  3 . The Community market shall be regarded as
rules to be applied in the event of the cereals market                  being disturbed or threatened with disturbance, as
being disturbed , as last amended by Regulation (EEC)                   a result of the situation referred to in paragraphs 1
 No 676/74 (4), fixes in particular the criteria to be                  and 2, where international trade prices are so high
taken into account for triggering the measures                          as to impede the importation of products
provided for in the event of the market being                           mentioned in Article 2 of Regulation No 120/
disturbed ; whereas the amendment of Article 19 of                      67/ EEC into the Community, or provoke the
Regulation No 120/67/ EEC introduced by Regulation                      exportation of such products from the Commu­
( EEC) No f"? 5/75 necessitates a corresponding change                  nity, so as to put at risk the stability of the market
in the aforementioned Article 1 ,                                       or the security of supplies .'
 HAS ADOPTED THIS REGULATION :
                                                                                             ArticIc 2
                            Article 1
                                                                   This Regulation shall enter into force on the third day
Article 1 of Regulation ( EEC) No 1968 /73 shall be                 following its publication in the Official Journal of
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, 13 January 1975 .
                                                                                 For the Council
                                                                                  The President
                                                                                 M. A. CLINTON
(') OJ No 117, 19 . 6 . 1967, p. 2269 /67 .
(-') See p. I of this Official Journal .
(3 ) OJ No L 201 , 21 . 7 . 1 973 , p. 10 .
{*) O) No L 83, 28 . 3 . 1974, p. 3.