31973R2070

31 . 7 . 73 Official Journal of the European Communities No L 210 /29

REGULATION (EEC) No 2070 /73 OF THE COMMISSION of 30 July 1973 amending Regulation (EEC) No 1493/71 as regards the calculation of price increases and reductions applicable to intervention in rye

THE COMMISSION OF THE EUROPEAN Community ; whereas it is thus advisable to fix for rye COMMUNITIES, a method of calculating price increases and reductions applicable to intervention ; Having regard to the Treaty establishing the European Economic Community ; Whereas the measures provided for in this Regulation are in accordance with the Opinion of the Manage­ Having regard to Council Regulation No 120/ ment Committee for Cereals ; 67/ EEC ( ! ) of 13 June 1967 on the common organiza­ tion of the market in cereals, as last amended by Regu­ HAS ADOPTED THIS REGULATION : lation (EEC) No 1346/73 (2), and in particular Article 7 (5) thereof ; Article 1 Whereas Commission Regulation (EEC) No A third paragraph is added to Article 2 (2) of Regula­ 1493/71 (3) of 13 July 1971 on price increases and tion (EEC) No 1493/71 , worded as follows : reductions applicable to intervention in cereals, as last amended by Regulation (EEC) No 367/73 (4), provides 'For rye, the basic intervention price shall be in Article 2 ( 1 ) that price increases and reductions replaced by the target price valid at the beginning shall be calculated by applying the percentages of the marketing year, reduced by the difference provided for in Articles 3, 4 and 6 to the basic inter­ between the target price and the basic intervention vention price valid at the beginning of the marketing price valid for barley at the beginning of the year ; marketing year under consideration .'

Whereas in the case of rye , a cereal for which a basic Article 2 intervention price has not been provided, a single intervention price for all the marketing centres This Regulation shall enter into force on 1 August appointed for that cereal has been fixed for the 1973 .

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

Done at Brussels, 30 July 1973 .

For the Commission The President Francois-Xavier ORTOLI

(!) OJ No 117, 19 . 6 . 1967, p . 2269/67. (2) OJ No L 141 , 28 . 5 . 1973, p . 8 . (3) OJ No 157, 14. 7. 1971 , p . 21 . (4) OJ No L 39 , 12. 2. 1973 , p . 27 .