No L 128/10 Official Journal of the European Cbmmunities 11.5. 89 COUNCIL REGULATION (EEC) No 1220/89 of 3 May 1989 fixing rice prices for the 1989/90 marketing year THE COUNCIL OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, and in particular Article 43 thereof, Having regard to the Act of Accession of Spain and Portugal, and in particular Article 89 (1) thereof, Having regard to Council Regulation (EEC) No 1418/76 of 21 June 1976 on the common organization of the market in rice (1), as last amended by Regulation (EEC) No 1219/89 (2), and in particular Article 3 (3) thereof, Having regard to the proposal from the Commission (3), Having regard to the opinion of the European Parliament (4), - Having regard to the opinion of the Economic and Social Committee (), Whereas the markets and prices policy, based on modern farms, is the main instrument of the incomes policy in agriculture; whereas full advantage cannot be drawn from such a policy unless it is integrated into the common agricultural policy as a whole, including a dynamic social and structural policy and the application of the rules on competition contained in the Treaty; Whereas the intervention prices for paddy rice must be fixed at a rate which takes account of the policy in respect of rice production, with a view to the uses to which it is put; Whereas the target price for husked rice must be derived from the intervention price for paddy rice, in accordance with the criteria set out in Article 4 (3) of Regulation (EEC) No 1418/76; Whereas, for the products referred to in this Regulation, the application of the criteria for the fixing of the different prices and the application of the measures provided for in respect of, the exchange rates to be applied in agriculture entail fixing those prices at the levels indicated below; Whereas, under Article 68 of the Act of Accession of Spain and Portugal, prices in Spain were set at a level differing from that of the common prices; whereas, pursuant to Article 70 (1) of the Act of Accession, these prices should be aligned with the common prices in annual steps at the beginning of each marketing year; whereas the rules on this alignment laid down give the Spanish prices set below, HAS ADOPTED THIS REGULATION: Article 1 For the 1989/90 marketing year, rice prices shall be as follows: : ' 1. Community of Ten: (a) intervention price, paddy rice: ECU 314,19 per tonne; (b) target pricé, husked rice: ECU 546,88 per tonne. 2. Spain: ' (a) intervention price, paddy rice: ECU 281,52 per tonne; (b) target price, husked rice: ECU 546,88 per tonne. Article 2 This Regulation shall enter into force on the third day following its publication in the Official Journal of the European Communities. It shall apply from 1 September 1989. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels; 3 May 1989. (*) O] No L 166, 25. 6. 1976, p. 1. (2) See page 9 of this Official Journal. (3) O] No C 82, 3. 4. 1989, p. 9. (4) O] No C 120, 16. 5. 1989. (%) Opinion delivered on 31 March 1989 (not yet published in the Official Journal). For the Council The President P. SOLBES