1.7.75 OfficialJournaloftheEuropeanCommunities NoL168/33
REGULATION (EEC)No1662/75OFTHECOMMISSION
of30June1975
fixingtheamountofthesubsidyonoilseeds*
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,miningworldmarketpricesforoilseedsandfixedthe
frontiercrossingpoint,fixedatRotterdam ;
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulationNo136/
66/EEC(1)of22September1966ontheestablish­
mentofacommonorganizationofthemarketinoils
andfats,aslastamendedbyRegulation (EEC)No
1707/73(2),andinparticularArticle27(4)thereof;WhereasArticle1ofthatRegulationprovidesthat
whentheworldmarketpriceisbeingdetermined
accountshouldbetakenofalloffersontheworld
marketknowntotheCommissionandofquotations
onthoseexchangeswhicharesignificantforinterna­
tionaltrade;whereasArticle2ofCommissionRegula­
tionNo225/67/EEC(5)of28June1967ondetailed
rulesfordeterminingtheworldmarketpriceforoil
seeds,aslastamendedbytheActofAccession(6),
providesthatoffers,andquotationswhichdonot
relatetoshipmentstobeeffectedwithin30days
followingthedateohwhichtheworldmarketpriceis
determinedshouldbedisregarded ;whereasoffersand
quotationswhichtheCommissionbelieves,inviewof
generalpricemovementsorinformationavailableto
it,nottoberepresentative oftherealtrendofthe
marketmustalsobedisregarded ;whereasoffersand
quotationsrelatingtoquantitiesoflessthan500
metrictonsandoffersrelatingtoseedofaquality
otherthanthatnormallyacceptableontheworld
marketmustalsobedisregarded ;HavingregardtotheOpinionoftheMonetary
Committee ;
WhereasArticle27ofRegulationNo136/66/EEC
providesthatasubsidyshouldbegrantedinrespectof
oilseedsharvestedandprocessedwithintheCommu­
nitywhenthetargetpriceforaspeciesofseedis
higherthanthepriceontheworldmarket;whereas
theseprovisionsapplyonlyinrespectofcolza,rape
andsunflowerseeds;
Whereasthesubsidyonoilseedsshould,theoretically ,
beequaltothedifferencebetweenthosetwoprices;
Whereasthetargetpriceforeachspeciesofseedwas
fixedbyCouncilRegulation(EEC)No657/75(3)of4
March1975fixingtargetandbasicinterventionprices
foroilseedsforthe1975/76marketingyear;WhereasArticle3ofRegulationNo225/67/EEC
providesthatoftheoffersandquotationstakeninto
consideration ,thosefordeliverycandfshouldbe
increasedby0-2%;whereiasoffersandquotationsfor
deliveryfas,foborotherwiseshouldbeincreased,as
appropriate,byloading,transportandinsurancecosts
fromtfiepointofshipmentorloadingtothefrontier
crossingpoint;whereascifoffersandquotationsfor
frontiercrossingpointsotherthanRotterdamshould
beadjustedtoallowforthedifferenceintransport
costsascomparedwithaproductdeliveredcif
Rotterdam ;whereastheCommission shouldtake
accountonlyoftheloading,transportandinsurance
costswhichtoitsknowledgearethelowest;whereas,
finally,offersandquotationsfordeliverycif
Rotterdamshouldbeincreasedby0-20unitof
account;WhereasArticle29ofRegulationNo136/66/EEC
providesthattheworldmarketprice,calculatedfora
Communityfrontiercrossingpoint,istobedeter­
minedonthebasisofthemostfavourablepurchasing
opportunities ,quotationsbeingadjustedwhereneces­
sarytotakeaccountofquotationsforcompeting
products;
WhereasArticle4ofCouncilRegulationNo115/
67/EEC(4)of.6June1967laiddowncriteriafordeter­WhereasArticle5ofRegulationNo115/67/EEC
providesthattheworldmarketpriceshouldbedeter­
minedforseedofthestandardqualityforwhichthe
targetpricehasbeenfixed,deliveredinbulk;(')OJNo172,30.9.1966,p.3025/66.
(2)OJNoL175,29.6.1973,p.5.
(3)OJNoL72,20.3.1975,p.3.
(«)OJNo111,10.6.1967,p.2196/67.(5)OJNo136,30.6.1967,p.2919/67.
(6)OJNoL73,27.3.1972,p.14.

NoL168/34 OfficialJournaloftheEuropeanCommunities 1.7.75
WhereasArticle3ofRegulationNo2251671EEC
providesthatoffersandquotationsrelatingto
productspresentedotherwisethaninbulkshouldbe
adjustedbydeductingtheadditionalvalueresulting
fromthatpresentation ;where'asoffersandquotations
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;—thedifferencebetweenthepriceof100kgof
colza,rapeorsunflowerseeds,plusprocessing
costs,andthetotalofthepricesofthequantities
ofoilandoilcakeresultingfrom'theprocessingof
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;WhereasArticle2ofRegulationNo115/67/EEC
providesthat,wherenoofferorquotationcanbeused
asabasisfordeterminingtheworldmarketprice,that
priceshouldbedeterminedonthiebasisofthevalue
oftheaveragequantitiesofoilandoilcakeresulting
fromtheprocessingof100kgofseedwithinthe
Communitylessanamountcorresponding tothecost
ofprocessingtheseseedsintooilandoilcake;
whereasthequantitiesandcoststobetakeninto
consideration forthepurposesofthecalculationare
fixedinArticle5ofRegulationNo225/67/EEC;
whereasthevalueofthosequantitiesshouldbedeter­
minedinaccordancewiththeprovisionsofArticle6
ofthatRegulation ;WhereasCouncilRegulation(EEC)No2114/71(J)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)No1520/75(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 ;
(')OJNoL222,2.10.1971,p.2.WhereasArticle6(1)ofRegulationNo115/67/EEC
providesthat,whentheworldmarketpriceofatype
ofseedisbeingdetermined ,thepriceusedshouldbe
adjustedbyanamountnotexceedingthemargin
between(2)OJNoL282,p.12.1971,p.18.
(3)OJNoL133,10.6.1972,p.1.
(4)OJNoL154,14.6.1975,p.69.

1.7.75 OfficialJournaloftheEuropeanCommunities NoL168/35
115/67/EEC;whereas,ifnoofferandnopricecanbe
usedforsuchdetermination ,themethodofcalcula­
tionprovidedforinArticle38ofRegulation(EEC)
No1204/72shouldbeused;whereastheabovemen­
tioneddifferencemaybeadjustedpursuanttoArticle
39ofRegulation(EEC)No1204/72,accountbeing
takenofpricesforsoyaseedsontheworldmarket;
Whereasthesubsidyshouldbefixedwheneverthe
marketsituationmakesitnecessaryandinsuchaway
astoensureitsbeingappliedatleastonceaweek;
whereasthesubsidymaybealteredwheneverit
becomesobviousthatsuchalterationisnecessary;
Whereas,ifthesubsidysystemistooperatenormally,
subsidiesshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingalltheseprovisions
totheoffersandquotationsknowntotheCommis­
sionthatthesubsidyoncolza,rapeandsunflower
seedsshouldbefixedasshowninthetableannexed
tothisRegulation,
HASADOPTEDTHISREGULATION :
Article1
TheamountofthesubsidyreferredtoinArticle27of
RegulationNo136/66/EECisherebyfixedasshown
inthetableannexedtothisRegulation .
Article2
ThisRegulationshallenterintoforceon1July1975.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30June1975. . •
FortheCommission
P.J.LARDINOIS
MemberoftheCommission

NoL168/36 OfficialJournaloftheEuropeanCommunities1.7.75
ANNEX
totheCommissionRegulationof30June1975fixingtheamountofthesubsidyonoil
seeds
Subsidyapplicablefrom1July1975tocolzaandrapeseeds(CCTheadingNoex12.01)and
sunflowerseeds(CCTheadingNoex12.01)(u.a./100kg)
Sunflowerseed
4-870 SubsidyColzaandrapeseed
6-572
4-870
5-023
6-449
6-602Subsidyinthecaseofadvancefixing:
—forthemonthofJuly1975
—forthemonthofAugust1975
—forthemonthofSeptember1975
—forthemonthofOctober1975
—forthemonthofNovember1975
—forthemonthofDecember19756-572
6-644
7-377
7-749
8-121
8-421