28.5.73 OfficialJournaloftheEuropeanCommunities NoL141/33
REGULATION (EEC)No1360/73OFTHECOUNCIL
of15May1973
fixingthetargetpricesandbasicinterventionpricesforoilseedsforthe1973/74
marketingyear
accordinglydesirablethattheyshouldalsobeused
forthefollowingmarketingyear;
Whereasitisdesirabletoallowforastagein
anticipationofareturntomarketunity,oncetherule
onmaintainingatanygivenmomentamaximum
spreadbetweenMemberStatecurrenciesof2-25%
forspottransactionsisappliedbyallMemberStates;
whereasthispurposeisservedbya1%price
increasewhichisnotreflectedinprice-levels
expressedintermsofthenationalcurrenciesof
MemberStateswhosecurrencieshaveincreasedin
valueinrelationtotheconversionrateusedunder
theCommonAgriculturalPolicy;
HASADOPTED THISREGULATION :
Article1THECOUNCILOFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingthe
EuropeanEconomicCommunity ,andinparticular
Article43thereof;
HavingregardtoCouncilRegulationNo
136/66/EEC(J)of22September1966onthe
establishment ofacommonorganization ofthe
marketinoilsandfats,aslastamendedbytheAct(2)
concerningtheConditionsofAccessionandthe
AdjustmentstotheTreaties,andinparticularthe
thirdsubparagraph ofArticle22(1)thereof;
HavingregardtotheproposalfromtheCommission ;
HavingregardtotheOpinionoftheEuropean
Parliament ;
Whereas,whenthetargetpricesandbasic
interventionpricesforoilseedsarefixed,account
shouldbetakenoftheobjectivesoftheCommon
AgriculturalPolicyandofthecontributionwhichthe
Communitydesirestomaketotheharmonious
developmentofworldtrade;whereastheobjectives
oftheCommonAgriculturalPolicyareinparticular
toensureafairstandardoflivingfortheagricultural
community,toensurethatsuppliesareavailableand
thattheyreachconsumersatreasonableprices;
Whereasapplicationofthesecriteriaentailsfixingthe
targetpriceandbasicinterventionpriceforcolzaand
rapeseedandforsunflowerseedatahigherlevelthan
thatadoptedfortheprecedingmarketingyear;
Whereasthepricesofoilseedsmustbefixedfor
determinedstandardqualities;whereasthelatter
shouldbelaiddowninrelationtotheaverage
qualitiesoftheseedsharvestedintheCommunity ;
whereasthequalitieslaiddownforthe1972/73
marketingyearmeettheserequirements ;whereasitisForthe1973/74marketingyear,thetargetpricesand
basicinterventionpricesforoilseedsshallbeas
follows:
u.a./lOOkg
(a)colzaandrapeseeds:
—targetprice: 21-06
—basicinterventionprice: 20-45
(b)sunflowerseeds:
—targetprice: 21-26
—basicinterventionprice: 20-65
ThebasicinterventionpricesarevalidinGenoa.
Article2
ThepricesreferredtoinArticle1relatetoseedsin
bulkofsound,fairandmarketablequality:
(a)withanimpuritycontentof2%and,forseedsas
such,ahumidityandoilcontentof10%and
42%respectivelyinthecaseofcolzaandrape
seeds;(J)OJNo172,30.9.1966,p.3025/66.
(-)OJNoL73,27.3.1972,p.14.

NoL141/34 OfficialJournaloftheEuropeanCommunities 28.5.73
(b)withanimpuritycontentof2%and,forseedsas
such,ahumidityandoilcontentof10%and
40%respectivelyinthecaseofsunflowerseeds­
Article3subparagraph ;however,ifthemarketingyearbegins
afterthatdate,theincreaseshalltakeeffectatthe
beginningofthatmarketingyear.
2.Thisincreaseshallnotbereflectedinprice
levelsexpressedintermsofnationalcurrenciesof
MemberStateswhosecurrencieshaveincreasedin
valueinrelationtotheconversionrateusedunder
theCommonAgriculturalPolicy.
3.TheCouncil,actingonaproposalfromthe
Commissioninaccordancewiththevotingprocedure
laiddowninArticle43(2)oftheTreatyshalladopt
themethodsofimplementation ofthisArticle.1.Pricesshallbeincreasedby1%whenall
MemberStatesmaintainatanygivenmomenta
maximumspreadof2-25%betweentheircurrencies.
Thisprovisionshallbeapplicableasfromthe
1973/74marketingyear;theincreaseshalltakeeffect
onthefirstdayofthemonthfollowingthedate
determined inaccordance withthefirst
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,15May1973.
FortheCouncil
ThePresident
A.LAVENS
\