CELEX: 31975R0476
Language: en
Date: 1975-02-27 00:00:00
Title: Regulation (EEC) No 476/75 of the Council of 27 February 1975 amending Regulation No 359/67/EEC on the common organization of the market in rice

28 . 2. 75                                  Official Journal of the European Communities                           No L 52/31
                                   REGULATION (EEC ) No 476/75 OF THE COUNCIL
                                                         of 27 February 1975
              amending Regulation No 359/67/EEC on the common organization of the market in
                                                                  rice
THE COUNCIL OF THE EUROPEAN                                               'However, for the products referred to in
COMMUNITIES,                                                              Article 1 ( 1 ) (a) and (b) the export refund
                                                                          applicable on the day on which the application
                                                                          for the licence is lodged, adjusted on the basis
Having regard to the Treaty establishing the                              of the threshold price valid during the month of
European Economic Community, and in particular                            exportation , shall be applied , at the request of
Article 43 thereof;                                                       the party concerned made before 1 p.m. and at
                                                                          the time of lodging the application for the licence,
Having regard to the proposal from the Commission ;                       to exports effected during the period of validity
                                                                          of the licence.
Having regard to the Opinion of the European
Parliament;                                                               A corrective amount may be fixed. It shall be
                                                                           applied to the refund where this is fixed in
Whereas Article 17 (4) of Council Regulation                              advance. The corrective amount shall be fixed
No 359/67/EEC (*) of 25 July 1967 on the common                           at the same time as the refund according to the
organization of the market in rice, as last amended                       same procedure; however when necessary, the
by Regulation (EEC) No 1129/74 (2), provides that                         Commission, following a request from a Member
a corrective amount is to be applied to export refunds                    State or on its own initiative, may modify the
on rice which are fixed in advance ; whereas                              corrective amounts in the interval .
experience has shown that conditions on the export
market do      not      always      require the systematic                The provisions of the preceding subparagraphs
application of corrective amounts, whereas provision                       may be applied, in whole or in part, to any of
should therefore be made to allow different decisions                     the products listed in Article 1 ( 1 ) (c) and in
to be taken when necessary ;                                               Annex B. '
Whereas Article 21 of Regulation No 359/67/ EEC
aims at avoiding disturbances on the Community                                                  Article 2
market and at ensuring stability thereon in the case
of significant increases in the world market price ;
whereas, in order to ascertain the necessity of                        The text of Article 21 of Regulation No 359/67/EEC
triggering the measures appropriate to the intended                    shall be replaced by the following :
result, provision is made for comparison between
the cif price and the threshold price ; whereas, in fact,                  ' 1 . When the quotations or prices on the world
the threat of disturbance on the internal Community                        market for one or more of the products referred
market may already exist, above all in the surplus                         to in Article 1 ( 1 ) (a) and (b) reach the level of
areas, even before world market prices reach the                           Community prices, and when that situation is
level of the Community price ; whereas, the concept                        likely to continue and to deteriorate, thereby
of the cif price should be replaced by a concept more                      disturbing or threatening to disturb the Com­
suited to a high price situation on the world market.                      munity market, appropriate measures may be
                                                                           taken .
HAS ADOPTED THIS REGULATION :                                              2. The Council, acting in accordance with the
                                                                           voting procedure laid down in Article 43 (2 ) of
                            Article 1                                      the Treaty on a proposal from the Commission,
                                                                           shall adopt the general rules for the application
The text of Article 17 (4) of Regulation                                    of this Article.
No 359/67/EEC shall be replaced by the following :
                                                                            3 . The detailed rules for the application of this
 H OJ No 174 , 31 . 7 . 1967 , p . 1 .                                      Articlc shall be adopted in accordance with the
 (2) OJ No L 128 , 10 . 5 . 1974 , p . 20 .                                 procedure laid down in Article 26 .'
 ---pagebreak--- No L 52/32                      Official journal of the European Communities                            28 . 2. 75
                     Article 3                             day following its publication in the Official Journal
                                                           of the European Communities.
This Regulation shall enter into force on the third
           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