Regulation (EEC) No 1937/74 of the Commission of 24 July 1974 amending Commission Regulation (EEC) No 1570/70 of 3 August 1970 establishing a system of standard average values for citrus fruits
Official Journal L 203 , 25/07/1974 P. 0025 - 0026
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REGULATION ( EEC ) NO 1937/74 OF THE COMMISSION
OF 24 JULY 1974
AMENDING COMMISSION REGULATION ( EEC ) NO 1570/70 OF 3 AUGUST 1970 ESTABLISHING A SYSTEM OF STANDARD AVERAGE VALUES FOR CITRUS FRUITS
THE COMMISSION OF THE EUROPEAN COMMUNITIES ,
HAVING REGARD TO THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY ;
HAVING REGARD TO COUNCIL REGULATION ( EEC ) NO 803/68 ( 1 ) OF 27 JUNE 1968 ON THE VALUATION OF GOODS FOR CUSTOMS PURPOSES , AND IN PARTICULAR ARTICLE 13 THEREOF ;
WHEREAS COMMISSION REGULATION ( EEC ) NO 1570/70 ( 2 ) OF 3 AUGUST 1970 , AS LAST AMENDED BY THE COUNCIL DECISION OF 1 JANUARY 1973 ( 3 ) ADJUSTING THE DOCUMENTS CONCERNING THE ACCESSION OF NEW MEMBER STATES TO THE EUROPEAN COMMUNITIES , ESTABLISHED A SYSTEM OF STANDARD AVERAGE VALUES FOR CITRUS FRUITS ;
WHEREAS THE OBJECTIVE OF THE COMMUNITY STANDARD AVERAGE VALUES IS TO ENSURE A UNIFORM CUSTOMS VALUE REFLECTING THE NORMAL PRICE AS DEFINED BY REGULATION ( EEC ) NO 803/68 ;
WHEREAS , UP TO THE PRESENT , IN ACCORDANCE WITH THE PROVISIONS OF REGULATION ( EEC ) NO 1570/70 BOTH THE FREE-AT-FRONTIER PRICES SUPPLIED BY MEMBER STATES AND THE STANDARD AVERAGE VALUES ESTABLISHED BY THE COMMISSION HAVE BEEN EXPRESSED IN UNITS OF ACCOUNT ( U.A . ) , WHICH ARE TO BE CONVERTED INTO NATIONAL CURRENCIES OF THE MEMBER STATES AND VICE VERSA AT DIFFERENT OPERATIONAL STAGES OF THE SYSTEM THUS ESTABLISHED ;
WHEREAS THE EXCHANGE RATE USED FOR CONVERTING UNITS OF ACCOUNT INTO THE CURRENCIES OF THE MEMBER STATES IS THAT CORRESPONDING TO THE PAR VALUE COMMUNICATED TO AND RECOGNIZED BY THE INTERNATIONAL MONETARY FUND IN RESPECT OF THESE CURRENCIES ; WHEREAS THE APPLICATION OF THIS SYSTEM IN CURRENT CONDITIONS OF FLUCTUATING RATES OF EXCHANGE RESULTS IN DIFFERENT CUSTOMS VALUES IN THE DIFFERENT MEMBER STATES ; WHEREAS IN CONSEQUENCE , IN ORDER TO ENSURE UNIFORM CUSTOMS VALUES WHICH REFLECT THE NORMAL PRICE , IT WOULD BE JUSTIFIED TO ALTER THE SYSTEM SO AS TO PROVIDE THAT MEMBER STATES FURNISH FREE-AT-FRONTIER PRICES IN THEIR NATIONAL CURRENCIES AND THAT THE STANDARD AVERAGE VALUES ESTABLISHED BY THE COMMISSION BE EXPRESSED IN THE NATIONAL CURRENCIES OF THE MEMBER STATES ;
WHEREAS FOR THE PURPOSE OF ESTABLISHING STANDARD AVERAGE VALUES BY THE COMMISSION PRICES COMMUNICATED BY THE MEMBER STATES IN THEIR NATIONAL CURRENCIES MUST BE CONVERTED INTO A SINGLE ONE OF THESE CURRENCIES AND THE STANDARD AVERAGE VALUES SO OBTAINED MUST BE CONVERTED BACK INTO THE NATIONAL CURRENCIES OF THE OTHER MEMBER STATES ;
WHEREAS THE RATE OF EXCHANGE TO BE APPLIED IN RESPECT OF EACH INDIVIDUAL NATIONAL CURRENCY AT THE VARIOUS OPERATIONAL STAGES OF THIS SYSTEM IS TO BE THE OFFICIAL SELLING RATE LAST RECORDED ON THE BRUSSELS FOREIGN