Detailed Instructions: In this task, you are provided with an article of the legal acts. Your task is to classify it into three categories (Regulation, Decision and Directive) based on its content: 1) Regulation is a binding legislative act that must be applied in its entirety on a set date across all the member states (European Union countries). 2) Decision is binding on those to whom it is addressed (e.g. an European Union country or an individual company) and is directly applicable. 3) Directive is a legislative act that sets out a goal that all must achieve. However, it is up to the individual countries to devise their own laws on how to reach these goals.
Problem:ANNEX IV TO REGULATION ( EEC ) NO 1579/70 IS AMENDED AS FOLLOWS :1 . THE TERM ' UNITS OF ACCOUNT ' IS REPLACED BY THE TERM ' PESETAS ' ;2 . FOOTNOTE 3 IS REPLACED BY THE FOLLOWING :' ( 3 ) THE PRICES MUST NOT BE LESS THAN :- 10 030 PESETAS PER 100 KG NET WEIGHT FOR EMMENTALER AND GRUYERE WHOLE CHEESES FALLING WITHIN SUBHEADING 04.04 A I ( A ) 1 OF THE SPANISH CUSTOMS TARIFF ;- 11 000 PESETAS PER 100 KG NET WEIGHT FOR EMMENTALER AND GRUYERE IN VACUUM-PACKED PIECES OF A WEIGHT EXCEEDING 1 KG FALLING WITHIN SUBHEADING 04.04 A I ( B ) 1 OF THE SPANISH CUSTOMS TARIFF ;- 11 640 PESETAS PER 100 KG NET WEIGHT FOR EMMENTALER AND GRUYERE CHEESES IN VACUUM-PACKED PIECES OF A WEIGHT NOT EXCEEDING 1 KG BUT EXCEEDING 75 G FALLING WITHIN SUBHEADING 04.04 A 1 ( C ) 1 OF THE SPANISH CUSTOMS TARIFF ;- 9 847 PESETAS PER 100 KG NET WEIGHT FOR CHEESES PROCESSED FROM EMMENTALER OR GRUYERE FALLING WITHIN SUBHEADING 04.04 D 1 ( A ) AND 04.04 D 1 ( B ) OF THE SPANISH CUSTOMS TARIFF ;- 10 045 PESETAS PER 100 KG NET WEIGHT FOR CHEESES PROCESSED FROM EMMENTALER OR GRUYERE FALLING WITHIN SUBHEADING 04.04 D 1 ( C ) OF THE SPANISH CUSTOMS TARIFF ;- 8 510 PESETAS PER 100 KG NET WEIGHT FOR OTHER PROCESSED CHEESES FALLING WITHIN SUBHEADING 04.04 D 2 ( A ) OF THE SPANISH CUSTOMS TARIFF ;- 8 725 PESTAS PER 100 KG NET WEIGHT FOR OTHER PROCESSED CHEESES FALLING WITHIN SUBHEADING 04.04 D 2 ( B ) OF THE SPANISH CUSTOMS TARIFF ;- 8 935 PESETAS PER 100 KG NET WEIGHT FOR OTHER PROCESSED CHEESES FALLING WITHIN SUBHEADING 04.04 D 2 ( C ) OF THE SPANISH CUSTOMS TARIFF ;- 8 088 PESETAS PER 100 KG NET WEIGHT FOR CHEDDAR CHEESE RIPENED FOR LESS THAN THREE MONTHS FALLING WITHIN SUBHEADING 04.04 G 1 ( B ) 1 OF THE SPANISH CUSTOMS TARIFF ;- 8 845 PESETAS PER 100 KG NET WEIGHT FOR CHEDDAR CHEESE RIPENED FOR THREE OR MORE MONTHS FALLING WITHIN SUBHEADING 04.04 G 1 ( B ) 1 OF THE SPANISH CUSTOMS TARIFF ;- 8 310 PESETAS PER 100 KG NET WEIGHT FOR FIRST QUALITY DUTCH EDAM CHEESE OF A MINIMUM FAT CONTENT BY WEIGHT REFERRED TO DRY MATTER OF 40 % AND RIPENED FROM SEVEN TO EIGHT WEEKS FALLING WITHIN SUBHEADING 04.04 G 1 ( B ) 3 OF THE SPANISH CUSTOMS TARIFF . ' THIS REGULATION SHALL ENTER INTO FORCE ON 1 OCTOBER 1973 .THIS REGULATION SHALL BE BINDING IN ITS ENTIRETY AND DIRECTLY APPLICABLE IN ALL MEMBER STATES .
Solution:
Regulation