31975R0085

16 . 1 . 75 Official Journal of the European Communities No L 1 1 / 1

I

(Acts whose publication is obligatory)

REGULATION ( EEC ) No 85 / 75 OF THE COUNCIL of 13 January 1975 amending Regulation No 120/67/ EEC on the common organization of the market in cereals

THE COUNCIL OF THE EUROPEAN HAS ADOPTED THIS REGULATION : COMMUNITIES , A rticle I Having regard to the Treaty establishing the European Economic Community, and in particular Article 43 The text of Article 19 of Regulation No 120/67/ EEC thereof ; shall be replaced by the following : ' 1 . When the quotations or prices on the world Having regard to the proposal from the Commission ; market for one or more of the products referred to Having regard to the Opinion of the European Parlia­ in Article 2 reach the level of Community prices, ment (') ; and when that situation is likely to continue and to deteriorate, thereby disturbing or threatening to Whereas Article 19 of Council Regulation No 120/ disturb the Community market, appropriate 67/ EEC (2) of 13 June 1967 on the common organiza­ measures may be taken . tion of the market in cereals, as last amended by Regu­ lation (EEC) No 1 996/74 (3), aims at avoiding distur­ 2. The Council, acting in accordance with the bances on the Community market and at ensuring voting procedure laid down in Article 43 (2) of the stability thereon in the case of significant increases in Treaty on a proposal from the Commission , shall the world market price ; whereas, in order to ascertain adopt the general rules for the application of this the necessity of triggering the measures appropriate to Article . the intended result, provision is made for comparison 3 . The detailed rules for the application of this between the cif price and the threshold price ; Article shall be adopted in accordance with the whereas, in fact, the threat of disturbance on the procedure laid down in Article 26.' internal Community market may already exist, above all in the surplus areas , even before world market Article 2 prices reach the level of the Community price ; whereas, the concept of the cif price should be This Regulation shall enter into force on the third day replaced by a concept more suited to a high price situ­ following its publication in the Official Journal of ation on the world market, the European Communities.

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

Done at Brussels , 13 January 1975 . For the Council The President

M. A. CLINTON

(') OJ No C 9 .}, 7 . 8 . 1 974, p. 9 . (-) OJ No 1 1 7, 1 9 . 6 . 1 967, p . 2269 / 67. (J ) OJ No L 209 , ,} 1 . 7. 1974, p. I.