ARTICLE V
Equivalence
Contributions shall be counted in terms of their wheat equivalent, as follows :
(i) grain for human consumption shall be equal to wheat;
(ii) rice shall be determined by the international export price relationship between rice and wheat, in accordance with the methods set out in the Rules of Procedure;
(iii) products of primary or secondary processing of grains or of rice shall be determined by their respective grain or rice content, in accordance with the specifications set out in the Rules of Procedure;
(iv) pulses, seed of grain, rice or other food crops, and all other eligible products, shall be based on the costs of acquisition in accordance with the methods set out in the Rules of Procedure.
The Council, acting by a qualified majority on a proposal from the Commission and after consulting the European Parliament, shall determine the Community share of the overall amount of aid, either in tonnes of wheat equivalent or in value or in a combination of tonnage and value, laid down in the Food Aid Convention as the total contribution of both the Community and its Member States.
The commitment of each member shall be expressed in either tonnes of wheat equivalent or in value or in a combination of tonnage and value. Members expressing their commitment in value terms shall also specify a guaranteed annual tonnage.
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