24As the Council and the Commission have rightly pointed out, that is particularly so in a case such as this in which the applicable Community rules, namely Regulation No 727/70, which required the Council to determine each year, having regard in particular to market developments and to the harmfulness of the different varieties of tobacco, the prices and premiums for such varieties, expressly provided for the possibility of a reduction in those prices and premiums, followed, if necessary, under Regulation No 727/70, as amended, by a second reduction, subject to a ceiling of 15%, in the event of the MGQ being exceeded.
Source: EUR-Lex, © European Union, 1998-2026. Reuse authorised under Decision 2011/833/EU.