Council Regulation (EEC) No 1424/76 of 21 June 1976 laying down general rules for intervention on the market in rice

COUNCIL REGULATION (EEC) No 1424/76  of 21 June 1976  laying down general rules for intervention on the market in rice
THE COUNCIL OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation (EEC) No 1418/76 of 21 June 1976 on the common organization of the market in rice (1), and in particular Article 5 (4) thereof,
Having regard to the proposal from the Commission,
Whereas the creation of a single market in rice necessitates the application of Community intervention measures ; whereas Regulation (EEC) No 1418/76 lays down that under certain conditions the intervention agencies must buy in paddy rice which is offered to them;
Whereas the implementation of Community intervention measures requires takeover to be effected by intervention agencies under conditions which take account of the regionalization of prices ; whereas to this end the price to be paid to the seller must be the intervention price valid at a given marketing centre less, where appropriate, transport costs;
Whereas, in order that the intervention system can function as simply and effectively as possible, the number of marketing centres in respect of which offers can be made from a given locality should be limited;
Whereas paddy rice held by the intervention agencies should be put on sale without discrimination between buyers established in the Community and at price levels which do not hinder the normal development of market prices in the Community ; whereas the tendering procedure best serves that end,