NoL172/46 OfficialJournaloftheEuropeanCommunities1.7.76
COMMISSION REGULATION (EEC)No1571/76
of30June1976
fixingtheamountofthesubsidyonoilseeds
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,miningworldmarketpricesforoilseedsandfixedthe
frontiercrossingpointatRotterdam ;
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulationNo136/
66/EECof22September1966ontheestablishment
ofacommonorganizationofthemarketinoilsand
fats(!),aslastamendedbyRegulation (EEC)No
1707/73(2),andinparticularArticle27(4)thereof,WhereasArticle1ofthatRegulationprovidesthat
whentheworldmarketpriceisbeingdetermined
accountshouldbetakenofalloffersontheworld
marketknowntotheCommissionandofquotations
onthoseexchangeswhicharesignificantforinterna­
tionaltrade;whereasArticle2ofCommissionRegula­
tionNo225/67/EECof28June1967ondetailed
rulesfordeterminingtheworldmarketpriceforoil
seeds(6),'aslastamendedbyRegulation (EEC)No
335/76(7),providesthatoffersandquotationswhich
donotrelatetoshipmentstobeeffectedwithin30
daysfollowingthedateonwhichtheworldmarket
priceisdeterminedshouldbedisregarded ;whereas
offersandquotationswhichtheCommissionbelieves,
inviewofgeneralpricemovementsorinformation
availabletoit,nottoberepresentative ofthereal
trendofthemarketmustalsobedisregarded ;whereas
offersandquotationsrelatingtoquantitiesoflessthan
500metrictonsandoffersrelatingtoseedofaquality
otherthanthatnormallyacceptableontheworld
marketmustalsobedisregarded ;HavingregardtotheopinionoftheMonetary
Committee ,
whereasArticle27ofRegulationNo136/66/EEC
providesthatasubsidyshouldbegrantedinrespectof
oilseedsharvestedandprocessedwithintheCommu­
nitywhenthetargetpriceforaspeciesofseedis
higherthanthepriceontheworldmarket;whereas
theseprovisionsapplyonlyinrespectofcolza,rape
andsunflowerseeds;
Whereasthesubsidyonoilseedsshould,theoretically ,
beequaltothedifferencebetweenthosetwoprices;
Whereasthetargetpriceandthemonthlyincreasesin
thetargetpriceforoilseedsforthe1976/77
marketingyearwerefixedbyRegulations (EEC)No
812/76(3)and(EEC)No833/76(4);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 :WhereasArticle29ofRegulationNo136/66/EEC
providesthattheworldmarketprice,calculatedfora
Communityfrontiercrossingpoint,istobedeter­
minedonthebasisofthemostfavourablepurchasing
opportunities ,quotationsbeingadjustedwhereneces­
sarytotakeaccountofquotationsforcompeting
products;
WhereasArticle4ofCouncilRegulationNo115/
67/EECof6June1967(5)laiddowncriteriafordeter­WhereasArticle5ofRegulationNo115/67/EEC
providesthattheworldmarketpriceshouldbedeter­
minedforseedofthestandardqualityforwhichthe
targetpricehasbeenfixed,deliveredinbulk;C)OJNo172,30.9.1966,p.3025/66.
(2)OJNoL175,29.6.1973,p.5.
(3)OJNoL94,9.4.1976,p.2.
(4)OJNoL100,14.4.1976,p.12. (*)OJNo136,30.6.1967,p.2919/67.
(7)OJNoL42,18.2.1976,p.7. (5)OJNo111,10.6.1967,p.2196/67.

1.7.76 NoL172/47 OfficialJournaloftheEuropeanCommunities
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)No2114/71of28
September1971onthesubsidyforoilseeds(•),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)No1204/72of7June1972layingdown
detailedrulesfortheapplicationofthesubsidysystem
foroilseeds(3),aslastamendedbyRegulation(EEC)
No676/76(4),providesthatsuchadjustmentshould
involveincreasingorreducingtheamountofsubsidy
applicableonthedayonwhichtheapplicationwas
lodgedbythedifferencebetweenthetargetpricevalid
duringthemonthduringwhichtheseedswereplaced
undercontrolatanoilmillandthetargetpricevalid
onthedayonwhichtheapplicationwaslodged;
WhereasArticle38ofRegulation(EEC)No1204/72
providesthatthecorrectiveamountmustbeequalto
thedifferencebetweentheworldmarketpricefor
colza,rapeandsunflowerseedsandtheforwardprice
forthoseseedsvalidforashipmenteffectedduring
themonthinwhichtheseedswereplacedunder
controlatanoilmill,thosepricesbeingdetermined
inaccordancewithArticles 1,4and5ofRegulationWhereasArticle3ofRegulationNo115/67/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)OJNoL81,27.3.1976,p.22.

NoL172/48 OfficialJournaloftheEuropeanCommunities 1.7.76
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
ThisRegulationshallenterintoforceon1July1976.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30June1976.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission

1.7.76 OfficialJournaloftheEuropeanCommunities NoL172/49
ANNEX
totheCommissionRegulationof30June1976fixingtheamountofthesubsidyonoil
seeds
Subsidyapplicablefrom1July1976tocolzaandrapeseeds(CCTheadingNoex12.01)and
sunflowerseeds(CCTheadingNoex12.01)(u.a./100kg)
ColzaandrapeseedSunflowerseed
Subsidy 7126 6.707
Subsidyinthecaseofadvancefixing:
—forthemonthofJuly1976 7126 6.707
—forthemonthofAugust1976 6.723 6.637
—forthemonthofSeptember1976 6.946 6.817
—forthemonthofOctober1976 7.170 6.817
—forthemonthofNovember1976 7.393 —
—forthemonthofDecember1976 7.697 —