THE COMMISSION OF THE EUROPEAN COMMUNITIES,
Having regard to the Treaty establishing the European Community,
Having regard to Council Regulation (EC) No 1234/2007 of 22 October 2007 on the common organisation of agricultural markets and on specific provisions for certain agricultural products (Single CMO Regulation)(1), and in particular Article 5, third paragraph, in conjunction with Article 4 thereof,
Whereas:
(1) Regulation (EEC) No 467/67 of the Commission of 21 August 1967 fixing the conversion rates, the processing costs and the value of the by-products for the various stages of rice processing(2) has been substantially amended several times(3). In the interests of clarity and rationality the said Regulation should be codified.
(2) Article 5, third paragraph, of Regulation (EC) No 1234/2007 provides that the Commission may fix the conversion rates, the processing costs and the value of the by-products to be taken into consideration, when applying the said Regulation, for the purpose of converting values or quantities relating to the various stages of the processing of rice (paddy, husked, semi-milled or milled).
(3) To that end, account should be taken of the information obtained from the best equipped industries of the Community.
(4) The measures provided for in this Regulation are in accordance with the Opinion of the Management Committee for the Common Organisation of Agricultural Markets,
HAS ADOPTED THIS REGULATION: