31975R0476
28 . 2. 75 Official Journal of the European Communities No L 52/31
REGULATION ( EEC ) No 476/75 OF THE COUNCIL of 27 February 1975
amending Regulation No 359/67/EEC on the common organization of the market in rice
THE COUNCIL OF THE EUROPEAN 'However, for the products referred to in COMMUNITIES, Article 1 ( 1 ) (a) and (b) the export refund applicable on the day on which the application for the licence is lodged, adjusted on the basis Having regard to the Treaty establishing the of the threshold price valid during the month of European Economic Community, and in particular exportation , shall be applied , at the request of Article 43 thereof ; the party concerned made before 1 p.m. and at the time of lodging the application for the licence, Having regard to the proposal from the Commission ; to exports effected during the period of validity of the licence. Having regard to the Opinion of the European Parliament; A corrective amount may be fixed . It shall be applied to the refund where this is fixed in Whereas Article 17 (4) of Council Regulation advance. The corrective amount shall be fixed No 359/67/EEC (*) of 25 July 1967 on the common at the same time as the refund according to the organization of the market in rice, as last amended same procedure; however when necessary, the by Regulation (EEC) No 1129/74 (2), provides that Commission, following a request from a Member a corrective amount is to be applied to export refunds State or on its own initiative, may modify the on rice which are fixed in advance ; whereas corrective amounts in the interval . experience has shown that conditions on the export market do not always require the systematic The provisions of the preceding subparagraphs application of corrective amounts, whereas provision may be applied, in whole or in part, to any of should therefore be made to allow different decisions the products listed in Article 1 ( 1 ) (c) and in to be taken when necessary ; Annex B. '
Whereas Article 21 of Regulation No 359/67/ EEC aims at avoiding disturbances on the Community Article 2 market and at ensuring stability thereon in the case of significant increases in the world market price ; The text of Article 21 of Regulation No 359/67/EEC whereas, in order to ascertain the necessity of shall be replaced by the following : triggering the measures appropriate to the intended result, provision is made for comparison between the cif price and the threshold price ; whereas, in fact, ' 1 . When the quotations or prices on the world the threat of disturbance on the internal Community market for one or more of the products referred to in Article 1 ( 1 ) (a) and (b ) reach the level of market may already exist, above all in the surplus Community prices, and when that situation is areas, even before world market prices reach the level of the Community price ; whereas, the concept likely to continue and to deteriorate, thereby disturbing or threatening to disturb the Com of the cif price should be replaced by a concept more munity market, appropriate measures may be suited to a high price situation on the world market. taken .
HAS ADOPTED THIS REGULATION : 2. The Council, acting in accordance with the voting procedure laid down in Article 43 (2 ) of Article 1 the Treaty on a proposal from the Commission, shall adopt the general rules for the application The text of Article 17 (4) of Regulation of this Article. No 359/67/EEC shall be replaced by the following :
3 . The detailed rules for the application of this Articlc shall be adopted in accordance with the H OJ No 174 , 31 . 7 . 1967 , p . 1 . (2) OJ No L 128 , 10 . 5 . 1974 , p . 20 . procedure laid down in Article 26 .'
No L 52/32 Official journal of the European Communities 28 . 2 . 75
Article 3 day following its publication in the Official Journal of the European Communities. This Regulation shall enter into force on the third
This Regulation shall be binding in its entirety and directly applicable in all Member States.
Done at Brussels, 27 February 1975. For the Council
The President
M. A. CLINTON