Regulation No 470/67/EEC of the Commission of 21 August 1967 on the taking over of paddy rice by intervention agencies, and fixing the corrective amounts, price increases and reductions applied by them

REGULATION No 470/67/EEC OF THE COMMISSION  of 21 August 1967  on the taking over of paddy rice by intervention agencies, and fixing the corrective amounts, price increases and reductions applied by them
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community;
Having regard to Council Regulation No 359/67/EEC (1) of 25 July 1967 on the common organisation of the market in rice, and in particular Article 5 (5) thereof;
Whereas Regulation No 359/67/EEC provides that the intervention prices for rice must be fixed for paddy rice of a specific standard quality and that, if the quality of the paddy rice offered for intervention differs from that standard quality, the intervention price must be adjusted by applying corrective amounts and price increases or reductions;
Whereas paddy rice whose quality does not permit sufficient use or storage should not be accepted for intervention ; whereas in fixing the minimum quality particular consideration should be given to climatic conditions in the rice-growing areas of the Community ; whereas, in order to simplify the administration of intervention and in particular to allow uniform lots to be made up, a minimum quantity should be fixed below which the intervention agency is not obliged to accept the offer;
Whereas, for the application of the price increases and reductions, account should be taken of the basic characteristics of the paddy rice allowing objective assessment of the quality ; whereas the moisture content, the yield after processing and the defects of the grain can be assessed by simple and effective methods, thus meeting this requirement;
Whereas, for calculation of the corrective amounts, the differences in value between the other varieties and the variety corresponding to the standard quality should be laid down ; whereas, for calculation of the price increases and reductions, account should be taken of the effect of the above-mentioned characteristics on the processing value of the paddy rice;
Whereas the conditions governing offers to intervention agencies and taking-over by them should be as uniform as possible throughout the Community to avoid discriminating between producers ; whereas it may be advisable for intervention agencies to apply, concurrently with this Regulation, certain measures which are suited to their individual circumstances and in particular to trade practices;
Whereas the measures provided for in this Regulation are in accordance with the Opinion of the Management Committee for Cereals;