11985I148

DOCUMENTS CONCERNING THE ACCESSION OF THE KINGDOM OF SPAIN AND THE PORTUGUESE REPUBLIC TO THE EUROPEAN COMMUNITIES, ACT CONCERNING THE CONDITIONS OF ACCESSION OF THE KINGDOM OF SPAIN AND THE PORTUGUESE REPUBLIC AND THE ADJUSTMENTS TO THE TREATIES, ARTICLE 148

Official Journal L 302 , 15/11/1985 P. 0068


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Article 148

1 . Until the first move towards alignment , without prejudice to Article 135 ( 1 ) ( e ) , of the prices referred to in Article 149 , the prices to be applied in Spain as from 1 January 1990 shall be fixed in accordance with the rules provided for in the common organization of the markets concerned at the level of the prices fixed in Spain at the end of the first phase .

2 . Where , at the beginning of the second phase , it is noted that the variation between the price level for a product in Spain and that of the common price is minimal , the common price may be applied in Spain for the product concerned .

Price variation shall be deemed to be minimal when it is lower than , or equal to , 3 % of the common price .