31976R1149

No L 130/ 14 Official Journal of the European Communities 19 . 5 . 76

COUNCIL REGULATION ( EEC) No 1149/ 76 of 17 May 1976 fixing , for the 1976/77 marketing year, the monthly price increases for paddy rice and husked rice

THE COUNCIL OF THE EUROPEAN increases for the 1975/76 marketing year ; whereas, COMMUNITIES, however, the agri-monetary measures adopted necessi­ tate a slight modification of the amount of these Having regard to the Treaty establishing the European monthly increases, Economic Community,

Having regard to Council Regulation No 359 / 67/ EEC HAS ADOPTED THIS REGULATION : of 25 July 1967 on the common organization of the market in rice ('), as last amended by Regulation ( EEC) No 668 / 75 (2 ), and in particular Article 7 (2) Sole Article thereof, 1 . For the 1976/77 marketing year, the amount of Having regard to the proposal from the Commission , each of the monthly increases provided for in Articles 7 ( 1 ) and 14 (2) of Regulation No 359 /67/ EEC shall Whereas, when the number and amount of the be as follows : s monthly increases and the first month during which these increases are to apply are fixed, account shall be — 1 -74 units of account per metric ton of paddy rice, taken of the costs of storing and financing rice in the — 218 units of account per metric ton of husked Community and of the need to ensure that the rice . disposal of stocks of rice conforms to market require­ 2 . These monthly increases shall apply from 1 ments ; October 1976 to 1 July 1977. The prices thus Whereas the application of such criteria does not obtained for the month of July 1977 shall remain necessitate any change in the level of the monthly valid until 31 August 1977 .

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

» Done at Brussels, 17 May 1976. For the Council

The President J. HAMILIUS

(') OJ No 174, 31 . 7 . 1967, p. 1 . (2) OJ No L 72, 20 . 3 . 197.5 , p. 18 .