NoL271/38 OfficialJournaloftheEuropeanCommunities 5.10.74
REGULATION (EEC)No2535/74OFTHECOMMISSION
of4October1974
fixingtheamountofthesubsidyonoilseeds
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo136/
66/EEC(j)of22September1966ontheestablish­
mentofacommonorganizationofthemarketinoils
andfats,aslastamendedbyRegulation (EEC)No
1707/73(2),andinparticularArticle27(4)thereof;
HavingregardtotheOpinionoftheMonetary
Committee ;
WhereasArticle27ofRegulationNo136/66/EEC
providesthatasubsidyshouldbeglintedinrespectof
oilseedsharvestedandprocessedwithintheCommu­
nitywhenthetargetpriceforaspeciesofseedis
higherthanthepriceontheworldmarket;whereas
theseprovisionsapplyonlyinrespectofcolza,rape
andsunflowerseeds;miningworldmarketpricesforoilseedsandfixedthe
frontiercrossingpoint,fixedatRotterdam ;
WhereasArticle1ofthatRegulationprovidesthat
whentheworldmarketpriceisbeingdetermined
accountshouldbetakenofalloffersontheworld
marketknowntotheCommissionandofquotations
onthoseexchangeswhicharesignificantforinterna­
tionaltrade;whereasArticle2ofCommissionRegula­
tionNo225/67/EEC(6)of28June1967ondetailed
rulesfordeterminingtheworldmarketpriceforoil
seeds,aslastamendedbytheAct(7)annexedtothe
Treaty(8)ontheAccessionofnewMemberStatesto
theEuropeanEconomicCommunityandtheEuro­
peanAtomicEnergyCommunity ,signedatBrussels
on22January1972,providesthatoffersandquota­
tionswhichdonotrelatetoshipmentstobeeffected
within30daysfollowingthedateonwhichtheworld
marketpriceisdeterminedshouldbedisregarded ;
whereasoffersandquotationswhichtheCommission
believes,inviewofgeneralpricemovementsorinfor­
mationavailabletoit,nottoberepresentative ofthe
realtrendofthemarketmustalsobedisregarded ;
whereasoffersandquotationsrelatingtoquantitiesof
lessthan500metrictonsandoffersrelatingtoseedof
aqualityotherthanthatnormallyacceptableonthe
worldmarketmustalsobedisregarded ;
WhereasArticle3ofRegulationNo225/67/EEC
providesthatoftheoffersandquotationstakeninto
consideration ,thosefordeliverycandfshouldbe
increasedby0-2%;whereasoffersandquotationsfor
deliveryfas,foborotherwiseshouldbeincreased,as
appropriate ,byloading,transportandinsurancecosts
fromthepointofshipmentorloadingtothefrontier
crossingpoint;whereascifoffersandquotationsfor
frontiercrossingpointsotherthanRotterdamshould
beadjustedtoallowforthedifferenceintransport
costsascomparedwithaproductdeliveredcif
Rotterdam ;whereastheCommission shouldtake
accountonlyoftheloading,transportandinsurance
costswhichtoitsknowledgearethelowest;whereas,
finally,offersandquotationsfordeliverycif
Rotterdamshouldbeincreasedby0-20unitof
account;
WhereasArticle5ofRegulationNo115/67/EEC
providesthattheworldmarketpriceshouldbedeter­
minedforseedofthestandardqualityforwhichthe
targetpricehasbeenfixed,deliveredinbulk;Whereasthesubsidyonoilseedsshould,theoretically ,
beequaltothedifferencebetweenthosetwoprices;
Whereasthetargetpriceforeachspeciesofseedwas
fixedbyCouncilRegulation (EEC)No1122/74(3)of
29April1974fixingtargetandbasicintervention
pricesforoilseedsforthe1974/75marketingyear
andamendedbyRegulation (EEC)No2496/74(4);
WhereasArticle29ofRegulationNo136/66/EEC
providesthattheworldmarketprice,calculatedfora
Communityfrontiercrossingpoint,istobedeter­
minedonthebasisofthemostfavourablepurchasing
opportunities ,quotationsbeingadjustedwhereneces­
sarytotakeaccountofquotationsforcompeting
products;
WhereasArticle4ofCouncilRegulationNo115/
67/EEC(5)of6June1967laiddowncriteriafordeter­
(!)OJNo172,30.9.1966,p.3025/66.
(2)OJNoL175,29.6.1973,p.5.
(3)OJNoL128,10.5.1974,p.8.
(4)OJNoL268,3.10.1974,p.1.(<>)OJNo136,30.6.1967,p.2919/67.
(7)OJNoL73,27.3.1972,p.14.
(8)OJNoL73,27.3.1972,p.5. (5)OJNo111,10.6.1967,p.2196/67.

5.10.74 OfficialJournaloftheEuropeanCommunities NoL271/39
WhereasArticle3ofRegulationNo225/67/EEC
providesthatoffersandquotationsrelatingto
productspresentedotherwisethaninbulkshouldbe
adjustedbydeductingtheadditionalvalueresulting
fromthatpresentation ;whereasoffersandquotations
relatingtoaqualityotherthanthestandardquality
forwhichthetargetpricewasfixedshouldbeadjusted
onthebasisofthecoefficientsofequivalenceshown
intheAnnextothatRegulation ;whereas,inthecase
ofoffersontheworldmarketforqualitiesofcolza
andrapeseedotherthanthoselistedinthatAnnex,
coefficientsofequivalencederivedfromthoselisted
inthatAnnexmay,pursuanttoArticle4ofRegula­
tionNo225/67/EEC,beapplied;whereas,when
derivedcoefficientsarebeingcalculated,accountmust
betakenofthedifferencesbetweenpricesforthequal­
itiesofseedinquestionandpricesforthequalities
listedinthatAnnex,andofthecharacteristics ofthese
variousseeds:
whereasArticle2ofRegulationNo115/67/EEC
providesthat,wherenoofferorquotationcanbeused
asabasisfordeterminingtheworldmarketprice,that
priceshouldbedeterminedonthebasisofthevalue
oftheaveragequantitiesofoilandoilcakeresulting
fromtheprocessingof100kgofseedwithinthe
Communitylessanamountcorresponding tothecost
ofprocessingtheseseedsintooilandoilcake;
whereasthequantitiesandcoststobetakeninto
consideration forthepurposesofthecalculationare
fixedinArticle5ofRegulationNo225/67/EEC;
whereasthevalueofthosequantitiesshouldbedeter­
minedinaccordancewiththeprovisionsofArticle6
ofthatRegulation ;—thedifferencebetweenthepriceof100kgof
colza,rapeorsunflowerseeds,plusprocessing
costs,andthetotalofthepricesofthequantities
ofoilandoilcakeresultingfromtheprocessingof
thetypeofseedinquestion,and
—thedifferencebetweenthepriceof100kgofone
ormoreotherseeds,plusprocessingcosts,andthe
totalofthepricesofthequantitiesofoilandoil
cakeresultingfromtheprocessingoftheseseeds;
Whereasthefactorstobetakenintoconsideration for
thepurposeofdeterminingthatmarginaredefinedin
Article8ofRegulationNo225/67/EEC;whereasno
adjustmentshouldbemadewherethemarginis
foundtobelessthan0-50unitofaccount;whereas
Article6(2)ofRegulationNo115/67/EECprovides
that,whentheamountoftheadjustmentisbeing
determined ,accountshouldbetakenoftheincidence
ofthemargininquestiononmarketingoperationsof
Communitytradersandonthedisposalofthevarious
typesofseedontheworldmarket;
WhereasCouncilRegulation(EEC)No2114/71(')of
28September1971onthesubsidyforoilseeds,as
amendedbyRegulation (EEC)No2730/71(2),laid
downrulesforgrantingthesubsidyonoilseeds;
whereasunderthatRegulation,wherethesubsidyto
begrantedisfixedinadvance,theamountofsuch
subsidymustbeequaltotheamountapplicableon
thedayonwhichtheapplicationforadvancefixing
waslodged,adjustedbythedifferencebetweenthe
targetpricevalidonthatdayandthetargetpricevalid
onthedayonwhichtheseedsareplacedunder
controlatanoilmilland,whereappropriate ,acorrec­
tiveamount;whereasArticle36ofCommissionRegu­
lation(EEC)No1204/72(3)of7June1972laying
downdetailedrulesfortheapplicationofthesubsidy
systemforoilseeds,aslastamendedbyRegulation
(EEC)No1021/74(4),providesthatsuchadjustment
shouldinvolveincreasingorreducingtheamountof
subsidyapplicableonthedayonwhichtheapplica­
tionwaslodgedbythedifferencebetweenthetarget
pricevalidduringthemonthduringwhichtheseeds
wereplacedundercontrolatanoilmillandthetarget
pricevalidonthedayonwhichtheapplicationwas
lodged;
WhereasArticle38ofRegulation (EEC)No1204/72
providesthatthecorrectiveamountmustbeequalto
thedifferencebetweentheworldmarketpricefor
colza,rapeandsunflowerseedsandtheforwardprice
forthoseseedsvalidforashipmenteffectedduring
themonthinwhichtheseedswereplacedunder
controlatanoilmill,thosepricesbeingdetermined
inaccordancewithArticles1,4and5ofRegulationWhereasArticle3ofRegulationNo115/67/EEC
providesthat,wherenoofferorquotationcanbeused
asabasisfordeterminingtheworldmarketpriceand
whereitis,moreover,impossibletoestablishthevalue
oftheoiloroilcakeprocessedfromsuchseed,the
worldmarketpriceshouldbedeterminedonthebasis
ofthemostrecentknownvalueforoiloroilcake,
adjustedtotakeaccountofthetrendofworldprices
forcompetingproductsbyapplyingtothatvaluethe
rulessetoutinArticle2ofRegulationNo115/
67/EEC;whereasArticle7ofRegulationNo225/
67/EECdefinescompetingproductsasthoseoilsor
oilcakes,asthecasemaybe,whichappeartohave
beenofferedinthelargestquantitiesontheworld
marketduringtheperiodunderconsideration ;
WhereasArticle6(1)ofRegulationNo115/67/EEC
providesthat,whentheworldmarketpriceofatype
ofseedisbeingdetermined ,thepriceusedshouldbe
adjustedbyanamountnotexceedingthemargin
between :(>)OJNoL222,2.10.1971,p.2.
(2)OJNoL282,23.12.1971,p.18.
(3)OJNoL133,10.6.1972,p.1.
(4)OJNoL117,30.4.1974,p.29.

NoL271/40 OfficialJournaloftheEuropeanCommunities 5.10.74
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingalltheseprovisions
totheoffersandquotationsknowntotheCommis­
sionthatthesubsidyoncolza,rapeandsunflower
seedsshouldbefixedasshownintheTableannexed
tothisRegulation ,115/67/EEC;whereas,ifnoofferandnopricecanbe
usedforsuchdetermination ,themethodofcalcula­
tionprovidedforinArticle38ofRegulation(EEC)
No1204/72shouldbeused;whereastheabovemen­
tioneddifferencemaybeadjustedpursuanttoArticle
39.ofRegulation (EEC)No1204/72,accountbeing
takenofpricesforsoyaseedsontheworldmarket;
Whereasthesubsidyshouldbefixedwheneverthe
marketsituationmakesitnecessaryandinsuchaway
astoensureitsbeingappliedatleastonceaweek;
WhereasArticle34ofRegulation(EEC)No1204/72
providesthatthesubsidyfixedpreviouslyshouldbe
retainedifthevariationinthefactorsusedtocalculate
itentailsanincreaseorreductioninthatsubsidyof
lessthan0-10unitofaccount;whereasthesubsidy
maybealteredwheneveritbecomesobviousthatsuch
alterationisnecessary ;
Whereas,ifthesubsidysystemistooperatenormally,
subsidiesshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;HASADOPTED THISREGULATION :
Article1
Theamountofthesubsidy'referredtoinArticle27of
RegulationNo136/66/EECisherebyfixedasshown
intheTableannexedtothisRegulation .
Article2
ThisRegulationshallenterintoforceon7October
1974.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,4October1974.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission

5.10.74 OfficialjournaloftheEuropeanCommunities NoL271/41
ANNEX
totheCommissionRegulationof4October1974fixingtheamountofthesubsidyonoil
seeds
Subsidyapplicablefrom7October1974tocolzaandrapeseeds(CCTheadingNoex12.01)
andsunflowerseeds(CCTheadingNoex12.01)(u.a./lOOkg)
ColzaandrapeseedSunflowerseed
Subsidy 0 0
Subsidyinthecaseofadvancefixing.·
—forthemonthofOctober1974 0 0
—forthemonthofNovember1974 0 0
—forthemonthofDecember1974 0 0
—forthemonthofJanuary1975 0 0
—forthemonthofFebruary1975 0 —
—forthemonthofMarch1975 0 —