31974R1719

No L 181 / 8 Official Journal of the European Communities 4 . 7 . 74

REGULATION ( EEC ) No 1719/ 74 OF THE COUNCIL of 27 June 1974 fixing , for the 1974/75 marketing year, the monthly price increases for paddy and husked rice

THE COUNCIL OF THE EUROPEAN now prevalent in the rice-producing regions of the COMMUNITIES , Community , the amount being expressed in round figures, and the monthly increases for husked rice Having regard to the Treaty establishing the European should be fixed at a level which takes account of the Economic Community ; increases for paddy rice and the ratio between the two Having regard to Council Regulation No 359 / stages in question , 67/ EEC (') of 25 July 1967 on the common organiza­ tion of the market in rice , as last amended by Regula­ HAS ADOPTED THIS REGULATION : tion ( EEC) No 11 29 / 74 (2 ), and in particular Article 7 (2) thereof ; Sole Article

Having regard to the proposal from the Commission ; 1 . For the 1974/ 75 marketing year, the amount of each of the monthly increases provided for in Articles Whereas , in fixing the number and the amount of the 7 ( 1 ) and 14 (2) of Regulation No 359 / 67/ EEC shall monthly increases and deciding on the first month in be : which the increases are to apply, both the costs of storing and financing rice in the Community and the — 0T35 unit of account per 100 kilogrammes of need to ensure that the disposal of stocks of rice paddy rice ; conforms to market requirements should be taken — 0.169 unit of account per 100 kilogrammes of into account ; husked rice . Whereas , to this end , for the 1974/ 75 marketing year, 2 . These monthly increases shall apply from 1 the monthly increases for paddy rice should be fixed December 1974 to 1 July 1975 . The prices thus in accordance with the same scale as for the 1973 / 74 obtained for the month of July 1975 shall remain marketing year and at a level equal to the storage costs valid until 31 August 1975 .

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

Done at Luxembourg, 27 June 1974 . For the Co unciI The President K. GSCHEIDLE

(') OJ No 174, 31 . 7 . 1967 , p. I. (-) OJ No L 128 , 10 . 5 . 1974 , p. 20 .