
Article 1 

1. A decision to commence intervention buying in during the period referred to in Article 5 (1) of Regulation (EEC) No 1418/76 shall be taken if for two consecutive weeks the market price recoreded for each of those weeks is lower than the intervention price applicable for the week concerned.
2. Intervention buying in shall be terminated if the market price recorded as indicatedin paragraph 1 is, for three consecutive weeks, equal to or higher than the intervention price applicable over that period.However, offers made before the decision terminating intervention buying in shall remain valid.
Article 2 

1. ‘The market price’, as referred to in Article 5 (1) of Regulation (EEC) No 1418/76, shall mean the price recorded, as laid down in Article 3, at the wholesale stage for goods delivered at warehouse before unloading, against immediate payment.Prices shall be adjusted for the standard quality.
2. The Member States in which the markets indicated in Article 3 are located shall notify the Commission by Wednesday of each week at the latest of the price recorded on the said markets from Wednesday of the previous week and of all factors entering into their formation.
Article 3 
For the purposes of this Regulation:

— prices shall be recorded on the market of Vercelli,
— the variety for which prices are to be recorded shall be Lido.
However, where there is a significant surplus of rice on the Spanish market, prices recorded on the market of Valencia for the Bahia variety may be taken into account.
In that case the market price shall, folr the purposes of this Regulation, be the average obtained on the basis of the following weighting:

— 95 % to the price for Lido recoreded at Verceilli,
— 5 % to the price for Bahia recorded at Valencia.
Article 4 
This Regulation shall enter into force on the day of its publication in the Official Journal of the European Communities.
This Regulation shall be binding in its entirety and directly applicable in all Member States.Done at Brussels, 16 November 1987.
For the Commission
Frans ANDRIESSEN
Vice-President