31976R1420

No L 166 / 14 Official Journal of the European Communities 25 . 6 . 76

COUNCIL REGULATION (EEC) No 1420/76 of 21 June 1976

fixing intervention prices for paddy rice for the 1975/76 marketing year

THE COUNCIL OF THE EUROPEAN COMMUNITIES , HAS ADOPTED THIS REGULATION :

Having regard to the Treaty establishing the Article 1 European Economic Community,

Having regard to Council Regulation (EEC) No 1418/ For the 1975/76 marketing year, the Aries and 76 of 21 June 1976 on the common organization of Vercelli intervention prices for paddy rice shall be the market in rice (*), and in particular Article 4 (4) 154-87 units of account per metric ton. thereof,

Having regard to the proposal from the Commission, Article 2 Having regard to the opinion of the European Parliament (2 ), 1 . Council Regulation (EEC) No 670/75 of 4 March 1975 fixing intervention prices for paddy rice for Whereas the Aries and Vercelli intervention prices the 1975/76 marketing year (4) is hereby repealed. for paddy rice must be derived from the target price for husked rice, fixed by Council Regulation (EEC) No 1419/76 of 21 June 1976 fixing the target price 2. References to the Regulation repealed by for husked rice for the 1975/76 marketing year (3), in paragraph 1 shall bet construed as references to this accordance with the criteria set out in Article 4 ( 3 ) of Regulation. Regulation (EEC) No 1418/76 ;

Whereas application of these criteria entails fixing Article 3 the same intervention prices for Aries and Vercelli at a level higher than that adopted for the preceding marketing year, This Regulation shall enter into force on 1 July 1976.

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

Done at Luxembourg, 21 June 1976.

For the Council The President

J. HAMILIUS

(1 ) See page 1 of this Official Journal . (2) OJ No C 53 , 8 . 3 . 1976, p. 43 . (3) See page 13 of this Official Journal . (4) OJ No L 72 , 20 . 3 . 1975 , p. 20.