CELEX: 31974R3161
Language: en
Date: 1974-12-14 00:00:00
Title: Regulation (EEC) No 3161/74 of the Commission of 13 December 1974 determining the world market price for colza and rape seed

No L 334/42                                Official Journal of the European Communities                            14 . 12 . 74
                                REGULATION (EEC) No 3161 /74 OF THE COMMISSION
                                                         of 13 December 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 3160/74 (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 2-25 % , 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               16
2535/74 (7) of 4 October 1974 fixing the amount of                     December 1974 .
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States .
                 Done at Brussels, 13 December 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 .
 i) 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 51 , 23 . 2. 1974, p. 30 .
 7) OJ No    L 271 , 5. 10 . 1974, p. 38 .                            (8) See page 40 of this Official Journal .
 ---pagebreak--- 14. 12. 74                            Official Journal of the European Communities                                                 No L 334/43
                                                               ANNEX
           World market price applicable from 16 December 1974 for colza and rape seed (CCT heading
                                                             No ex 12.01 )
                                                                                                                  u.a. /100 kg (*)
           World market price :                                                                                     32-330
           World market price where the subsidy is fixed in advance :
           — for the month of December 1974                                                                         32-330
           — for the month of January 1975                                                                          32-330
           — for the month of February 1975                                                                         32-330
           — for the month of March 1975                                                                            33-176
           — for the month of April 1975                                                                            33-176
           — for the month of May 1975                                                                              31-099
           (') 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          6-04833
               1 u.a . =   Dkr         7-57831
               1 u.a . =      £        0-555642
               1 u.a . =   I £         0-555642
               1 u.a . -   Lit      867-273