NoL176/50 OfficialJournaloftheEuropeanCommunities 30.6.73
REGULATION (EEC)No1743/73OFTHECOMMISSION
of29June1973
fixingtheamountofthesubsidyonoilseeds
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuro­
peanEconomicCommunity ;
HavingregardtoCouncilRegulationNo136/66/
EEC(x)of22September1966ontheestablishment
ofacommonorganizationofthemarketinoilsand
fats,aslastamendedbytheAct(2)annexedtothe
Treaty(3)ontheAccessionofnewMemberStatesto
theEuropeanEconomicCommunityandtheEuro­
peanAtomicEnergyCommunity,signedatBrussels
on22January1972,andinparticularArticle27(4)
thereof;
WhereasArticle27ofRegulationNo136/66/EEC
providesthatasubsidyshouldbegrantedinrespect
ofoilseedsharvestedandprocessedwithintheCom­
munitywhenthetargetpriceforaspeciesofseedis
higherthanthepriceontheworldmarket;whereas
theseprovisionsapplyonlyinrespectofcolza,rape
andsunflowerseeds;
Whereasthesubsidyonoilseedsshould,theoreti­
cally,beequaltothedifferencebetweenthosetwo
prices;
Whereasthetargetpriceforeachspeciesofseedwas
fixedbyCouncilRegulation (EEC)No1360/73(4)
of15May1973fixingtargetandbasicintervention
pricesforoilseedsforthe1973/74marketingyear;
WhereasArticle29ofRegulationNo136/66/EEC
providesthattheworldmarketprice,calculatedfor
aCommunityfrontiercrossingpoint,istobedeter­
minedon'thebasisofthemostfavourablepurchas­
ingopportunities ,quotationsbeingadjustedwhere
necessarytotakeaccountofquotationsforcompet­
ingproducts;
WhereasArticle4ofCouncilRegulationNo115/67/
EEC(5)of6June1967layingdowncriteriaforde­
terminingworldmarketpricesforoilseedsandfix­
ingthefrontiercrossingpoint,fixedatRotterdam;
WhereasArticle1ofthatRegulationprovidesthat
whentheworldmarketpriceisbeingdeterminedaccountshouldbetakenofalloffersontheworld
marketknowntotheCommissionandofquotations
onthoseexchangeswhicharesignificantforinter­
national!trade;whereasArticle2ofCommission
RegulationNo225/67/EEC(6)of28June1967on
detailedrulesfordeterminingtheworldmarketprice
foroilseeds,aslastamendedbytheActannexed
totheTreatyontheAccessionofnewMemberStates
totheEuropeanEconomicComunityandthe
EuropeanAtomicEnergyCommunity,signedat
Brusselson22January1972,providesthatoffersand
quotationswhichdonotrelatetoshipmentstobe
effectedwithin30daysfollowingthedateonwhich
theworldmarketpriceisdeterminedshouldbedisre­
garded;whereasoffersandquotationswhichthe
Commissionbelieves,inviewofgeneralpricemove­
mentsorinformationavailabletoit,nottoberepre­
sentativeoftherealtrendofthemarketmustalso
bedisregarded;whereasoffersandquotationsrelat­
ingtoquantitiesoflessthan500metrictonsandof­
fersrelatingtoseedofaqualityotherthanthatnor­
mallyacceptableontheworldmarketmustalsobe
disregarded ;
WhereasArticle3ofRegulationNo225/67/EECpro­
videsthatoftheoffersandquotationstakeninto
consideration ,thosefordeliverycandfshouldbe
increasedby0-2°/o;whereasoffersandquotations
fordeliveryfas,foborotherwiseshouldbein­
creased,asappropriate,byloading,transportand
insurancecostsfromthepointofshipmentorload­
ingtothefrontiercrossingpoint;whereascifoffers
andquotationsforfrontiercrossingpointsother
thanRotterdamshouldbeadjustedtoallowforthe
differenceintransportcostsascomparedwithapro­
ductdeliveredcifRotterdam;whereastheCommis­
sionshouldtakeaccountonlyoftheloading,trans­
portandinsurancecostswhichtoitsknowledgeare
thelowest;whereas,finally,offersandquotations
fordeliverycifRotterdamshouldbeincreasedby
0-20unitofaccount;
WhereasArticle5ofRegulationNo115/67/EECpro­
videsthattheworldmarketpriceshouldbedeter­
minedforseedofthestandardqualityforwhichthe
targetpricehasbeenfixed,deliveredinbulk;
WhereasArticle3ofRegulationNo225/67/EECpro­
videsthatoffersandquotationsrelatingtoproducts
presentedotherwisethaninbulkshouldbead­
justedbydeductingtheadditionalvalueresulting(»)OJNo172,30.9.1966,p.3025/66.
(2)OJNoL73,27.3.1972,p.14.
(s)OJNoL73,27.3.1972,p.5.
(4)OJNoL141,28.5.1973,p.33.
(6)OJNo111,10.6.1967,p.2196/67. (6)OJNo136,30.6.1967,p.2919/67.

30.6.73 OfficialJournaloftheEuropeanCommunities NoL176/51
fromthatpresentation ;whereasoffersandquota­
tionsrelatingtoaqualityotherthanthestandard
qualityforwhichthetargetpricewasfixedshould
beadjustedonthebasisofthecoefficientsofequi­
valenceshownintheAnnextothatRegulation ;
whereas,inthecaseofoffersontheworldmarket
forqualitiesofcolzaandrapeseedotherthanthose
listedinthatAnnex,coefficientsofequivalencede­
rivedfromthoselistedinthatAnnexmay,pursuant
toArticle4ofRegulationNo225/67/EEC,beap­
plied;whereas,whenderivedcoefficientsarebeing
calculated,accountmustbetakenofthedifferences
betweenpricesforthequalitiesofseedinquestion
andpricesforthequalitieslistedinthatAnnex,and
ofthecharacteristics ofthesevariousseeds;
WhereasArticle2ofRegulationNo115/67/EECpro­
videsthat,wherenoofferorquotationcanbeused
asabasisfordeterminingtheworldmarketprice,
thatpriceshouldbedeterminedonthebasisofthe
valueoftheaveragequantitiesofoilandoilcake
resultingfromtheprocessingof100kgofseed
withintheCommunitylessanamountcorrespond­
ingtothecostofprocessingtheseseedsintooiland
oilcake;whereasthequantitiesandcoststobe
takenintocoqsiderationforthepurposesofthecal­
culationarefixedinArticle5ofRegulationNo225/
67/EEC;whereasthevalueofthosequantities
shouldbedeterminedinaccordancewiththeprovi­
sionsofArticle6ofthatRegulation ;ofoilandoilcakeresultingfromtheprocessing
ofthetypeofseedinquestion,and
—thedifferencebetweenthepriceof100kgofone
ormoreotherseeds,plusprocessingcosts,and
thetotalofthepricesofthequantitiesofoiland
oilcakeresultingfromtheprocessingofthese
seeds;
Whereasthefactorstobetakenintoconsideration
forthepurposeofdeterminingthatmarginarede­
finedinArticle8ofRegulationNo225/67/EEC;
whereasnoadjustmentshouldbemadewherethe
marginisfoundtobelessthan0-50unitofac­
count;whereasArticle6(2)ofRegulationNo115/
67/EECprovidesthat,whentheamountoftheadjust­
mentisbeingdetermined,accountshouldbetaken
oftheincidenceofthemargininquestiononmarket­
ingoperationsofCommunitytradersandonthedis­
posalofthevarioustypesofseedontheworldmar­
ket;
WhereasCouncilRegulation (EEC)No2114/71(*)
of28September1971onthesubsidyforoilseeds,
asamendedbyRegulation (EEC)No2730/71(2),
laiddownrulesforgrantingthesubsidyonoil
seeds;whereasunderthatRegulation,wherethe
subsidytobegrantedisfixedinadvance,the
amountofsuchsubsidymustbeequaltothe
amountapplicableonthedayonwhichtheapplica­
tionforadvancefixingwaslodged,adjustedbythe
differencebetweenthetargetpricevalidonthatday
andthetargetpricevalidonthedayonwhichthe
seedsareplacedundercontrolatanoilmilland,
whereappropriate ,acorrectiveamount;whereas
Article36ofCommissionRegulation (EEC)No
1204/72(3)of7June1972layingdowndetailed
rulesfortheapplicationofthesubsidysystemfor
oilseeds,aslastamendedbyRegulation (EEC)No
1678/73(4),providesthatsuchadjustmentshould
involveincreasingorreducingtheamountofsubsidy
applicableonthedayonwhichtheapplicationwas
lodgedbythedifferencebetweenthetargetprice
validduringthemonthduringwhichtheseedswere
placedundercontrolatanoilmillandthetarget
pricevalidonthedayonwhichtheapplicationwas
lodged;
WhereasArticle38ofRegulation (EEC)No1204/72
providesthatthecorrectiveamountmustbeequal
tothedifferencebetweentheworldmarketpricefor
colza,rapeandsunflowerseedsandtheforward
priceforthoseseedsvalidforashipmenteffected
duringthemonthinwhichtheseedswereplaced
undercontrolatanoilmill,thosepricesbeingdeter­
minedinaccordancewithArticles1,4and5ofReg­WhereasArticle3ofRegulationNo115/67/EECpro­
videsthat,wherenoofferorquotationcanbeused
asabasisfordeterminingtheworldmarketprice
andwhereitis,moreover,impossibletoestablish
thevalueoftheoiloroilcakeprocessedfromsuch
seed,theworldmarketpriceshouldbedetermined
onthebasisofthemostrecentknownvalueforoil
oroilcake,adjustedtotakeaccountofthetrendof
worldpricesforcompetingproductsbyapplyingto
thatvaluetherulessetoutinArticle2ofRegulation
No115/67/EEC;whereasArticle7ofRegulationNo
225/67/EECdefinescompetingproductsasthose
oilsoroilcakes,asthecasemaybe,whichappear
tohavebeenofferedinthelargestquantitiesonthe
worldmarketduringtheperiodunderconsidera­
tion;
WhereasArticle6(1)ofRegulationNo115/67/EEC
providesthat,whentheworldmarketpriceofa
typeofseedisbeingdetermined,thepriceused
shouldbeadjustedbyanamountnotexceedingthe
marginbetween:
—thedifferencebetweenthepriceof100kgof
colza,rapeorsunflowerseeds,plusprocessing
costs,andthetotalofthepricesofthequantities0)OJNoL222,2.10.1971,p.2.
(2)OJNoL282,23.12.1971,p.18.
(®)OJNoL133,10.6.1972,p.1.
(4)OJNoL172,28.6.1973,p.1.

NoL176/52 OfficialJournaloftheEuropeanCommunities 30.6.73
—forothercurrenciesanexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ofthesecurrenciesrecordedforagivenperiod,in
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
WhereastheOpinionoftheMonetaryCommittee
wasrequested;
Whereasitfollowsfromapplyingalltheseprovi­
sionstotheoffersandquotationsknowntothe
Commissionthatthesubsidyoncolza,rapeandsun­
flowerseedsshouldbefixedasshownintheTable
annexedtothisRegulation;ulation115/67/EEC;whereas,ifnoofferandno
pricecanbeusedforsuchdetermination ,the
methodofcalculationprovidedforinArticle38of
Regulation (EEC)No1204/72shouldbeused;
whereastheabovementioned differencemaybe
adjustedpursuanttoArticle39ofRegulation (EEC)
No1204/72,accountbeingtakenofpricesforsoya
seedsontheworldmarket;
Whereasthesubsidyshouldbefixedwheneverthe
marketsituationmakesitnecessaryandinsucha
wayastoensureitsbeingappliedatleastoncea
week;
WhereasArticle34ofRegulation (EEC)No1204/72
providesthatthesubsidyfixedpreviouslyshouldbe
retainedifthevariationinthefactorsusedtocalcu­
lateitentailsanincreaseorreductioninthatsub­
sidyoflessthan010unitofaccount;whereasthe
subsidymaybealteredwheneveritbecomesobvious
thatsuchalterationisnecessary;
Whereas,ifthesubsidysystemistooperatenormally,
subsidiesshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachother,atanygivenmoment,
withinabandof2-25%>,arateofexchangebased
ontheireffectiveparity;HASADOPTED THISREGULATION :
Article1
1.TheamountofthesubsidyreferredtoinArticle
27ofRegulationNo136/66/EECisherebyfixedas
shownintheTableannexedtothisRegulation.
Article2
ThisRegulationshallenterintoforceon1July
1973.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,29June1973.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission

30.6.73 OfficialJournaloftheEuropeanCommunities NoL176/53
ANNEX
totheCommissionRegulationof29June1973fixingtheamountofthesubsidyonoilseeds
Subsidyapplicablefrom1July1973tocolzaandrapeseeds(CCTheadingNoex12.01)
andsunflowerseeds(CCTheadingNoex12.01)(u.a./100kg)
ColzaandrapeseedSunflowerseed
0 0 Subsidy
Subsidyinthecaseofadvancefixing:
—forthemonthofJuly
—forthemonthofAugust
—forthemonthofSeptember
—forthemonthofOctober
—forthemonthofNovember
—forthemonthofDecember0
0
0
0
0
00
0
0
0