CELEX: 31974R2961
Language: en
Date: 1974-11-23 00:00:00
Title: Regulation (EEC) No 2961/74 of the Commission of 22 November 1974 determining the world market price for colza and rape seed

No L 312/ 22                             Official Journal of the European Communities                               23 . 11 . 74
                              REGULATION ( EEC) No 2961 /74 OF THE COMMISSION
                                                      of 22 November 1974
                             determining the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                      the subsidy on oil seeds, as last amended by Regula­
COMMUNITIES,                                                        tion (EEC) No 2960/74 (8) ;
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 ( 1 ) 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 2-2.5 % , a rate of exchange based
1707/73 (2);                                                              on their effective parity ;
                                                                    — 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 :
456/74 (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 and 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      25
2535/74 (7) of 4 October 1974 fixing the amount of                   November 1974.
               This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels, 22 November 1974 .
                                                                                 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 .
 (3 ) OJ No  L 167, 25 . 7 . 1972, p. 9 .
 (4)  OJ No  L 357, 28 . 12 . 1973 , p. 6 .
 (5 ) OJ No  L 236, 24. 8 . 1973, p. 28 .
 (6)  OJ No  L 51 , 23 . 2. 1974, p. 30 .
 (7)  OJ No  L 271 , 5 . 10 . 1974, p. 38 .                           (8) See page 20 of this Official Journal .
 ---pagebreak--- 23 . 11 . 74                            Official Journal of the European Communities                                      No L 312/23
                                                                 ANNEX
             World market price applicable from 25 November 1974 for colza and rape seed (CCT heading
                                                              No ex 12.01 )
                                                                                                         u.a. /100 kg (1)
             World market price :                                                                          34-088
             World market price where the subsidy is fixed in advance :
             — for the month of November 1974                                                              34-088
             — for the month of December 1974                                                              34-088
             — for the month of January 1975                                                               34-088
             — for the month of February 1975                                                              34-088
             — for the month of March 1975                                                                 34-476
             — for the month of April 1975                                                                 34-476
             0) The conversion rates from units of account into national currency as foreseen by Article 9 (5) {•) •!
                Regulation ( EEC) No 2300/73 are the following :
                 1 u.a .      DM        3-21978
                1  u.a . =    Fl        3-35507
                1  u.a .      Bfr/Lfr  48-6572
                1  u.a .      FF        6-04833
                1  u.a . =»=  Dkr       7-57831
                1  u.a . =      £       0-555642
                t  u.a . =   I £        0-555642
                !  u. «. —    Lit     859-062