31970R1938

Official Journal of the European Communities 613

30.9.70 Official Journal of the European Communities No L 215 / 1

REGULATION (EEC) No 1938/70 OF THE COUNCIL

of 29 September 1970

amending Regulation (EEC) No 132/67 laying down general rules for intervention on the market in cereals

THE COUNCIL OF THE EUROPEAN COMMUNITIES, the price conditions for re-marketing cereals held by intervention agencies before the beginning of the Having regard to the Treaty establishing the marketing year, amendments to those conditions European Economic Community ; should be allowed, in order to permit the disposal of intervention stocks while avoiding disturbances in the balance of the market; Having regard to Council Regulation (EEC) No 120/671 on the common organisation of the market in cereals, as last amended by Regulation (EEC) No 1253 /702 and in particular Article 7 (4) thereof; HAS ADOPTED THIS REGULATION :

Having regard to the proposal from the Commission ; Article 1 Whereas Article 3 ( 1 ) ( a) of Council Regulation No The following shall be added to Article 3 ( 1 ) ( a) of 132/67/EEC3 of 13 June 1967, laying down general Regulation No 132/67/EEC : rules for intervention on the market in cereals , provides that cereals held by intervention agencies 'where the common organisation of the market is shall be re-marketed on the basis of price conditions not functioning properly, these price conditions which are determined before the beginning of the may however be amended during the marketing marketing year ; year.'

Whereas experience has shown that the inability to Article 2 amend those conditions during the marketing year may be a serious obstacle to the disposal of cereals held by intervention agencies, since market This Regulation shall enter into force on the third conditions may change during the marketing year ; day following its publication in the Official Journal whereas, therefore, although it is necessary to publish of the European Communities .

This Regulation shall be binding in its entirety and directly applicable in all Member States .

Done at Brussels, 29 September 1970.

For the Council

The President

J. ERTL

1 OJ No 117, 19.6.1967, p. 2269/67. 2 OJ No L 143 , 1.7.1970, p. 1 . 3 OJ No 120, 21.6.1967, p. 2364/67.