31973R1346

No L 141 / 8 Official Journal of the European Communities 28 . 5 . 73

REGULATION (EEC) No 1346/73 OF THE COUNCIL of 15 May 1973 amending Regulation No 120/67/EEC as regards the fixing of cereal prices

THE COUNCIL OF THE EUROPEAN COMMUNITIES, 1 . The first subparagraph of paragraph 1 shall be replaced by the following: Having regard to the Treaty establishing the 'In order to guarantee to producers that the European Economic Community, and in particular market price does not fall below a minimum level, Article 43 thereof ; derived intervention prices for common wheat and barley shall be fixed for the Community, in Having regard to the proposal from the Commission ; addition to the basic intervention price.' Having regard to the Opinion of the European 2 . Paragraph 2 shall be replaced by the following : Parliament; 'For rye, durum wheat and maize, cereals for Whereas Council Regulation No 120/67/EEC (x ) of which no basic intervention price is laid down, 13 June 1967 on the common organization of the single intervention prices shall be fixed for the market in cereals, as last amended by the Act (2) Community for all the marketing centres concerning the Conditions of Accession and the determined for those cereals. These prices shall Adjustments to the Treaties, provides for the fixing of correspond to the lowest derived intervention a basic intervention price for rye; whereas experience prices which would have been fixed in the has shown that this fixed price should be abolished Community if the provisions of the preceding and replaced by a single intervention price in order to paragraph had been applied for these cereals.' allow greater flexibility in the market for this cereal ; 3 . Paragraph 4 ( a) shall be replaced by the following: 'The marketing centre to which the lowest derived HAS ADOPTED THIS REGULATION : intervention price applies and the price in question in respect of each Member State and each cereal Article 1 produced in any quantity in that Member State, except for rye, durum wheat and maize.' The second indent of Article 2 of Regulation No 120/67/EEC shall be replaced by the following: 4. Paragraph 4 (c) shall be replaced by the following :

'The single intervention prices for rye, durum '— a basic intervention price for common wheat wheat and maize.' and barley;'

Article 3 Article 2 This Regulation shall enter into force on 1 August In Article 4 of Regulation No 120/67/EEC : 1973 .

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

Done at Brussels, 15 May 1973 . For the Council

The President

A. LAVENS

(!) OJ No 117, 19. 6. 1967, p . 2269/67. (2) OJ No L 73 , 27. 3 . 1972, p. 14.