CELEX: 31975R1663
Language: en
Date: 1975-07-01 00:00:00
Title: Regulation (EEC) No 1663/75 of the Commission of 30 June 1975 determining the world market price for colza and rape seed

1 . 7. 75                               Official Journal of the European Communities                          No L 168 /37
                             REGULATION ( EEC) No 1663/75 OF THE COMMISSION
                                                         of 30 June 1975
                            determining the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                      1662/75~ (7) of 30 June 1975 fixing the amount of the
COMMUNITIES,                                                       subsidy on oil seeds ;
Having regard to the Treaty establishing the European              Whereas to enable the price system to operate
Economic Community ;                                                normally, the world market price should be calculated
                                                                   on the following basis :
Having regard to Council Regulation No 136/
                                                                   — in the case of currencies which are maintained in
66/EEC (') of 22 September 1966 on the establish­
ment of. a common organization of the markets in oils                   relation to each other, at any given moment,
and fats, as last amended by Regulation (EEC) No                        within a band of 2-25 % , a rate, of exchange based
 1707/73 (2) ;                                                          on their effective parity ;
                                                                   — i for other currencies an exchange rate based on the
Having regard to Council Regulation (EEC) No                            arithmetic mean of the spot market rates of each
1 569/72 (3) of 20 July 1972 laying down special                        of these currencies recorded for a given period, in
measures for colza and rape seed, as last amended by                    relation to the Community currencies referred to
Regulation (EEC) No 3477/73 (4) ;                                       in the previous subparagraph ;
Having regard to Commission Regulation (EEC) No                    Whereas, applying all these provisions, the world
2300/73 (5) of 23 August 1973 laying down detailed                  market price for colza and rape seed should be fixed
rules for applying differential amounts for colza and               as shown in the table annexed to this Regulation,
rape seed and repealing Regulation (EEC) No
 1464/73, as last amended by Regulation (EEC) No
                                                                    HAS ADOPTED THIS REGULATION :
632/75 (6), and in particular Article 9 (4) thereof ;
Having regard to the Opinion of the Monetary                                                Article 1
Committee ;
                                                                   The world market price referred to in Article 9 (4) of
Whereas, pursuant to Article 9 (4) of Regulation (EEC)              Regulation (EEC) No 2300/73 and the rates to be used
No 2300/73 , the Commission must determine the                      for converting them into national currencies shall be
world market price for colza arid rape seed ;                      as shown in the table annexed to this Regulation .
Whereas the world market price should be deter­                                             Article 2
mined in accordance with the rules and the criteria
set out      in   Commission        Regulation     (EEC)   No      This Regulation shall enter into force on 1 July 1975.
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels, 30 June 1975.
                                                                              For the Commission
                                                                                P.J. LARDINOIS
                                                                          Member of the Commission
(')  OJ  No 172, 30 . 9 . 1966, p. 3025/66.
(2 ) OJ  No L 175, 29 . 6. 1973, p. 5 .
(J)  OJ  No L 167, 25 . 7. 1972, p. 9 .
(<)  OJ  No L 357, 28 . 12. 1973, p. 6.
(5)  OJ  No L 236, 24. 8 . 1973 , p. 28 .
(6)  OJ  No L 66, 13 . 3 . 1975, p. 11 .                           (7) See page 33 of this Official Journal .
 ---pagebreak--- No L 168 /38                              Official Journal of the European Communities                                                            1 . 7 . 75
                                                                        ANNEX
           World market price applicable from 1 July 1975 for colza and rape seed (CCT heading No
                                                                        ex 12.01
                                                                                                                                  u.a./100 kg (i)
           World       market price :                                                                                                18-958
           World       market price where the subsidy is fixed in advance :
           — for       the month of July 1975                                                                                        18-958
           — for       the month of August 1975                               '                                                      18-886
           — for       the month of September 1975                                                                                   18-453
           — for the month of October 1975                                                *                                          18-381
         . — for the month of November 1975                                                                                          18-309
           — for the month of December 1975                                                                                          18-309
           (') The conversion rates from units of account into national currency as foreseen by Article 9 (5) (a) of Regulation (EEC) No 2300/73
               are the following :
               1 u.a . -    DM         3-21978
               1 u.a . -    F1         3-35507
               1 u.a. -     Bfr/Lfr   48-6572
               1 u.a . -    FF         5-56932   ■
               1 u.a . —    Dkr        7-57831
               1 u.a .        £     0-610982
               1 u.a. -    I£       0-610982                                                                                                  '
               I u.a . -   Lit      867-190