Detailed Instructions: In this task, you are provided with an article of the legal acts. Your task is to classify it into three categories (Regulation, Decision and Directive) based on its content: 1) Regulation is a binding legislative act that must be applied in its entirety on a set date across all the member states (European Union countries). 2) Decision is binding on those to whom it is addressed (e.g. an European Union country or an individual company) and is directly applicable. 3) Directive is a legislative act that sets out a goal that all  must achieve. However, it is up to the individual countries to devise their own laws on how to reach these goals.
Problem:The third subparagraph of Article 4 (1) (a) of Regulation (EEC) No 2777/75 shall be replaced by the following:'The prices for feed grain on the world market shall be determined quarterly on the basis of the price for such grain recorded for the five months ending one month before the quarter in respect of which the said component is calculated.' The second subparagraph of Article 7 (2) of Regulation (EEC) No 2777/75 shall be replaced by the following:'The price for the quantity of feed grain shall be determined quarterly on the basis of the world market prices for such grain recorded for the five months ending one month before the quarter in respect of which the sluice-gate price is fixed.' This Regulation shall enter into force on 1 May 1976.This Regulation shall be binding in its entirety and directly applicable in all Member States.
Solution:
Regulation