Application of the provisions of the Act of Accession in Agriculture

THE COUNCIL OF THE EUROPEAN COMMUNITIES,

under the procedure referred to in its Resolution of 20 July 1972 1, during its meeting of 20/21 November 1972, after consulting the acceding States in the Interim Committee;

HAS AGREED

on the text of the draft regulation annexed hereto, which was submitted by the Commission and which will be formally adopted after the entry into force of the Treaty of Accession, in accordance with the procedures laid down in that Treaty. 1OJ No C 86, 10.8.1972, p. 16.

ANNEX

DRAFT REGULATION (EEC) No ... /72 OF THE COUNCIL of ... on compensatory amounts for colza and rape seeds

THE COUNCIL OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European Economic Community;

Having regard to the Treaty concerning the accession of new Member States to the European Economic Community and to the European Atomic Energy Community 1 signed on 22 January 1972;

Having regard to the Act concerning the Conditions of Accession and the Adjustments to the Treaties 2 (hereinafter referred to as "the Act") and in particular Article 62 (1) thereof;

Having regard to the proposal from the Commission;

Whereas Article 71 of the Act provides that the amount of aid for oilseeds harvested in a new Member State shall be adjusted by the compensatory amount applicable in that State ; whereas under Article 72 of the Act, in trade in oilseeds, the compensatory amount shall be applied only to refunds granted on export to third countries of oilseeds harvested in a new Member State;

Whereas the application of Article 70 of the Act requires that the derived intervention prices for colza and rape seeds harvested in Denmark and the United Kingdom should be fixed at a level different from that of the common prices;

Whereas, in order to compensate for this difference in price levels, the aid and the export refund for the seeds referred to above should be reduced by an amount equivalent to the difference between the prices fixed in the new Member State concerned and the common prices;

HAS ADOPTED THIS REGULATION:

Article 1

1. For colza and rape seeds harvested in Denmark and in the United Kingdom in the 1972/73 crop year, inspected at the oilcrushing works pursuant to Article 3 of Regulation (EEC) No 2114/71 3 or exported during the period from 1 February to 30 June 1973, the compensatory amounts to be deducted from the aid referred to in Article 27 of Regulation No 136/66/EEC 4 and from the export refund referred to in Article 28 of that Regulation shall be as follows: >PIC FILE= "T0010498">

2. The compensatory amounts so deducted shall not exceed the aid and export refund amounts which are applicable.

Article 2

Detailed rules for the application of this Regulation shall be adopted in accordance with the procedure laid down in Article 38 of Regulation No 136/66/EEC.

Article 3

This Regulation shall enter into force on 1 February 1973

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels, ...

For the Council

The President 1OJ (Special Edition), 27.3.1972, p. 5. 2OJ (Special Edition), 27.3.1972, p. 14. 3OJ No L 222, 2.10.1971, p. 2. 4OJ No 172, 30.9.1966, p. 3025/66.