31974R1847

18 . 7. 74 Official Journal of the European Communities No L 195/ 1

I

(Acts whose publication is obligatory)

REGULATION ( EEC) No 1847/74 OF THE COUNCIL of 15 July 1974 on certain measures to be taken in agriculture in respect of Italy, following the fixing of a new representative rate for the Italian lira

THE COUNCIL OF THE EUROPEAN May 1971 on certain measures of conjunctural policy COMMUNITIES, to be taken in agriculture following the temporary widening of the margins of fluctuation for the curren­ Having regard to the Treaty establishing the European cies of certain Member States, as last amended by Economic Community, and in particular Articles 28 , Regulation ( EEC) No 3450/73 (7), is to be applied 43, 103 and 235 thereof ; subject to the provisions referred to above ; whereas all the measures referred to above take effect on the date Having regard to Council Regulation No 1 29 ( 1 ) on on which the measures taken within the meaning of the value of the unit of account and the exchange Article 7 (5) of Commission Decision 74/287/EEC (8) rates to be applied for the purposes of the common of 8 -May 1974 authorizing the Italian Republic to take agricultural policy, as last amended by Regulation certain protective measures under Article 108 (3) of (EEC) No 2543/73 (2), and in particular Article 3 the EEC Treaty become applicable ; thereof ;

Having regard to the proposal from the Commission ; Whereas, furthermore, Article 2 (2) of Regulation ( EEC) No 1424/74 provides that the amounts of the Having regard to the Opinion of the European Parlia­ durum wheat and olive-oil subsidies are for the ment ; 1974/75 marketing year to be converted using the representative rate for the Italian lira applicable on 28 Whereas Council Regulation (EEC) No 2958 /73 (3) of January 1974 ; whereas, under Article 2a of the same 31 October 1973 on the exchange rate applied in agri­ culture for the Italian lira, as last amended by Regula­ Regulation , Article 4b of Regulation ( EEC) No 974/71 tion (EEC) No 1 685/ 74 (4), fixed a representative rate is no longer to apply in respect of pigmeat as from 1 July 1974 ; for that currency which should have led to a certain increase in the prices of agricultural products in Italy ;

Whereas Article 2 ( 1 ) of Council Regulation (EEC) No Whereas, in view of the urgency of the matter, some 1424/74 (5) of 6 June 1974 amending in particular of the measures referred to above were adopted under Regulation (EEC) No 2958 /73 on the exchange rate Article 103 of the Treaty ; whereas they should now applied in agriculture for the Italian lira, as amended be made part of the common agricultural policy ; by Regulation ( EEC) No 1685/74, provides that as whereas since these measures are to operate together, regards products for which the 1974/75 marketing they should be brought together in a single instru­ year has not yet started , the intervention and purchase ment ; prices applicable in Italy are to be increased by 12-5 % until that marketing year starts , except for the durum wheat and olive-oil subsidies, which are to be converted using the representative rate for the Italian Whereas the Monetary Committee will be consulted lira applicable on 28 January 1974 ; whereas Article on the questions concerning the representative rate 4b of Council Regulation ( EEC) No 974/71 (6) of 12 for the Italian lira ; whereas, in view of the urgency of the matter, the measures envisaged should be adopted (») OJ No 106 , 30 . 10 . 1 962 , p. 2553 / 62 . under the conditions laid down in Article 3 (2) of (2) OJ No L 263 , 19 . 9 . 1973, p. 1 . Regulation No 129 , (*) OJ No L 303 , 1 . 11 . 1973 , p. 1 . (") OJ No L 176, 30 . 6 . 1974, p. 1 . (5) OJ No L 150 , 7. 6 . 1974, p. 39 . (7) OJ No L 353, 22. 12. 1973 , p. 25 . (') OJ No L 106, 12 . 5.1971 , p. 1 . (8) OJ No L 152, 8 . 6 . 1974, p. 18 .

No L 195/2 Official Journal of the European Communities 18 . 7. 74

HAS ADOPTED THIS REGULATION : graph, except for the durum wheat and olive-oil subsidies . Article 1 2. The amounts of the durum wheat and olive-oil The following is added to Article 1 (2) of Regulation subsidies shall for the 1974/75 marketing year be (EEC) No 2958/73 : converted using the representative rate for the Italian lira applicable on 28 January 1974. '(d) 100 Italian lira = 0-124844 unit of account from a date to be fixed under the procedure 3 . The measures referred to in this Article shall laid down in Article 108 (3) of the Treaty ; this apply from the date referred to in Article 1 . date shall coincide with the date on which the measures taken within the meaning of Article Article 3 7 (5) of the Commission Decision of 8 May 1974 (') become applicable. In respect of With effect from 1 July 1974, Article 4b of Regula­ sugar, however, the representative rate shall tion (EEC) No 974/71 shall no longer apply in respect take effect on 1 July 1974.' of pigmeat.

Article 2 Article 4 1 . As regards products for which the 1974/75 This Regulation shall enter into force on the day marketing year has not yet started, the intervention following its publication in the Official Journal of and purchase prices applicable in Italy shall be the European Communities. increased by 12-5% until that marketing year starts. It shall , with effect from their dates of entry into Article 4b of Regulation (EEC) No 974/71 shall be force, replace Regulation (EEC) Nos 1424/74 and applied subject to the provisions of the first subpara­ (EEC) No 1685/74, which are hereby repealed .

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

Done at Brussels, 15 July 1974. For the Council

The President Christian BONNET

( i ) OJ No L 152. 8 . 6 . 1974, p. 18 .