31986R1450

No L 133 / 2 Official Journal of the European Communities 21.5.86

COUNCIL REGULATION (EEC) No 1450/86

of 13 May 1986

fixing rice prices for the 1986/87 marketing year

THE COUNCIL OF THE EUROPEAN COMMUNITIES, Whereas, for the products referred to in this Regulation, the application of the criteria for the fixing of the Having regard to the Treaty establishing the European different prices and the application of the measures Economic Community, and in particular Article 43 provided for in respect of the exchange rates to be thereof, applied in agriculture entail fixing those prices at the Having regard to the Act of Accession of Spain and of levels indicated below ; Portugal, and in particular Article 89 ( 1 ) thereof, Whereas , under Article 68 of the Act of Accession of Spain and Portugal, prices in Spain have been set at a Having regard to Council Regulation (EEC) No level differing from that of the common prices ; whereas 1418 /76 of 21 June 1976 on the common organization pursuant to Article 70 ( 1 ) of the Act these prices should of the market in rice ('), as last amended by Regulation be aligned with the common prices in annual steps at the (EEC) No 1449/ 86 (2), and in particular Article 3 (3) beginning of each marketing year; whereas the rules on thereof, this alignment laid down give the Spanish prices set Having regard to the proposal from the Commission (3), below,

Having regard to the opinion of the European Parlia­ HAS ADOPTED THIS REGULATION : ment (4), Article 1 Having regard to the opinion of the Economic and Social Committee (5), For the 1986/ 87 marketing year, rice prices shall be as follows : Whereas the markets and prices policy, based on modern I. Community of Ten : farms, is the main instrument of the incomes policy in (a) intervention price, paddy rice : 314,19 ECU per agriculture ; whereas full advantage cannot be drawn tonne ; from such a policy unless it is integrated into the common agricultural policy as a whole, including a (b) target price, husked rice : 548,37 ECU per tonne. dynamic social and structural policy and the application II. Spain : of the rules on competition contained in the Treaty; (a) intervention price, paddy rice : 258,00 ECU per

tonne ; Whereas the intervention price for paddy rice must be fixed at a rate which takes simultaneous account of the (b) target price, husked rice : 548,37 ECU per tonne. policy in respect of rice production, of the uses to which Article 2 it is put and of the improvement of farm incomes ;

This Regulation shall enter into force on the third day Whereas the target price for husked rice must be derived following its publication in the Official Journal of the from the intervention price for paddy rice, in accordance European Communities. with the criteria set out in Article 4 (3) of Regulation (EEC) No 1418 / 76 ; It shall apply from 1 September 1986 .

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

Done at Brussels, 13 May 1986 .

For the Council

The President

W. F. van EEKELEN

(') OJ No L 166, 25 . 6 . 1976, p. 1 . (2) See page 1 of this Official Journal . C) OJ No C 85 , 14. 4 . 1986 , p. 7 . (4) Opinion delivered on 17 April 1986 (not yet published in the Official Journal). (s) OJ No 118 , 20 . 5 . 1986 , p. 1 .