16.11.74 OfficialJournaloftheEuropeanCommunities NoL306/19
REGULATION (EEC)No2874/74OFTHECOMMISSION
of15November 1974
determining theworldmarketpriceforcolzaandrapeseed
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropean
Economic Community ;
HavingregardtoCouncilRegulation No136/
66/EEC(1)of22September 1966ontheestablish­
mentofacommonorganization ofthemarketsinoils
andfats,aslastamended byRegulation (EEC)No
1707/73(2);
HavingregardtoCouncilRegulation (EEC)No
1569/72(3)of20July1972layingdownspecial
measuresforcolzaandrapeseed,aslastamendedby
Regulation (EEC)No3477/73(4);
HavingregardtoCommission Regulation (EEC)No
2300/73(5)of23August1973layingdowndetailed
rulesforapplyingdifferential amountsforcolzaand
rapeseedandrepealing Regulation (EEC)No
1464/73,aslastamendedbyRegulation (EEC)No
456/74(6),andinparticularArticle9(4)thereof;
HavingregardtotheOpinion oftheMonetary
Committee ;
Whereas ,pursuanttoArticle9(4)ofRegulation (EEC)
No2300/73,theCommission mustdetermine the
worldmarketpriceforcolzaandrapeseed;
Whereastheworldmarketpriceshouldbedeter­
minedinaccordance withtherulesandthecriteria
setoutinCommission Regulation (EEC)No
2535/74(7)of4October1974fixingtheamountofthesubsidyonoilseeds,aslastamendedbyRegula­
tion(EEC)No2873/74(»);
Whereas toenablethepricesystemtooperate
normally ,theworldmarketpriceshouldbecalculated
onthefollowing basis':
—inthecaseofcurrencies whicharemaintained in
relationtoeachother,atanygivenmoment,
withinabandof2*25%,arateofexchangebased
ontheireffectiveparity;
—forothercurrencies anexchangeratebasedonthe
arithmetic meanofthespotmarketratesofeach
ofthesecurrencies recordedforagivenperiod,in
relationtotheCommunity currencies referredto
intheprevioussubparagraph ;
Whereas ,applying alltheseprovisions ,theworld
marketpriceforcolzaandrapeseedshouldbefixed
asshownintheTableannexedtothisRegulation ,
HASADOPTED THISREGULATION :
Article 1
TheworldmarketpricereferredtoinArticle9(4)of
Regulation (EEC)No2300/73andtheratestobeused
forconverting themintonationalcurrencies shallbe
asshownintheTableannexedtothisRegulation .
Article2
ThisRegulation shallenterintoforceon18
November 1974.
ThisRegulation shallbebindinginitsentiretyanddirectlyapplicable inallMember
States.
DoneatBrussels ,15November 1974.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission
(•)OJNo172,30.9.1966,p.3025/66.
(2)OJNoL17.5,29.6.1973,p.5.
(J)OJNoL167,25.7.1972,p.9.
(<)OJNoL357,28.12.1973,p.6.
(5)OJNoL236,24.8.1973,p.28.
(')OJNoL51,23.2.1974,p.30.oOJNoL271,5.10.1974,p.38. (s)Seepage17ofthisOfficialJournal.

NoL306/20 OfficialJournaloftheEuropeanCommunities 16.11.74
ANNEX
Worldmarketpriceapplicable from18November 1974forcolzaandrapeseed(CCTheading
Noex12.01)
u.a.1100kg{'}
Worldmarketprice: 36-397
Worldmarketpricewherethesubsidyisfixedinadvance :
—forthemonthofNovember 1974 36-397
—forthemonthofDecember 1974 36-397
—forthemonthofJanuary1975 36-476
—forthemonthofFebruary1975 36-476
—forthemonthofMarch1975 36-790
—forthemonthofApril1975 36-790
(')Theconversion Fatesfromunitsofaccountintonationalcurrency asforeseen byArticle9(J)(a)W
Regulation (EEC)No2300/73arethefollowing :
1u.a.»DM 3-21978
1u.a.Fl 3-35507
1u.a.««Bfr/Lfr48-6572
1u.a.—FF 5-95869
1u.a.
1u.a.Dkr
£7-57831
0-543487
1u.a.■=1£ 0-543487
tu.a.—Lit 843-10