CELEX: 31974R1753
Language: en
Date: 1974-07-06 00:00:00
Title: Regulation (EEC) No 1753/74 of the Commission of 5 July 1974 determining the world market price for colza and rape seed

6 . 7 . 74                                Official Journal of the European Communities                         No L 183/31
                              REGULATION (EEC) No 1753/74 OF THE COMMISSION
                                                           of 5 July 1974
                             determining the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                       Whereas to enable the price system to operate
COMMUNITIES,                                                         normally, the world market price should be calculated
                                                                     on the following basis :
 Having regard to the Treaty establishing the European
 Economic Community ;                                                — in the case of currencies which are maintained in
                                                                         relation to each other, at any given moment,
 Having regard to Council Regulation No 136/                             within a band of 2-25 % , a rate of exchange based
66/EEC (J ) of 22 September 1966 on the establish­                       on their effective parity ;
ment of a common organization of the markets in oils
and fats, as last amended by Regulation (EEC) No                     — for other currencies an exchange rate based on the
 1707/73 (2 );                                                           arithmetic mean of the spot market rates of each
Having regard to Council Regulation (EEC) No                             of these currencies recorded for a given period, in
 1 569/72 (3) of 20 July 1972 laying down special                        relation to the Community currencies referred to
measures for colza and rape seed, as last amended by                     in the previous subparagraph ;
Regulation (EEC) No 3477/73 (4) ;
                                                                     Whereas, applying all these provisions, the world
Having regard to Commission Regulation (EEC) No                      market price for colza and rape seed should be fixed
2300/73 (5) of 23 August 1973 laying down detailed                   as shown in the Table annexed to this Regulation,
rules for applying differential amounts for colza and
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 ;
Whereas, pursuant to Article 9 (4) of Regulation (EEC)               The world market price referred to in Article 9 (4) of
No 2300 /73 , the Commission must determine the                      Regulation (EEC) No 2300/73 and the rates to be used
world market price for colza and rape seed ;                         for converting them into national currencies shall be
                                                                     as shown in the Table annexed to this Regulation .
Whereas the world market price should be deter­
mined in accordance with the rules and the criteria
set out in Commission Regulation (EEC) No                                                   Article 2
819/74 (7) of 5 April 1974 fixing the amount of the
subsidy on oil seeds ;                                               This Regulation shall enter into force on 8 July 1974.
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 5 July 1974.
                                                                               For the Commission
                                                                                 P.J. LARDINOIS
                                                                           Member of the Commission
(l) 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 96, 6 . 4. 1974, p. 24.
 ---pagebreak--- No L 183/32                             Official Journal of the European Communities                                       6 . 7. 74
                                                                ANNEX
            World market price applicable from 8 July 1974 for colza and rape seed (CCT heading
                                                             No ex 12.01 )
                                                                                                         it .a J100 kg (')
            World market price :                                                                            30-958
            World market price where the subsidy is fixed in advance :
            — for the month of July                                                                          30-958
            — for the month of August                                                            1          30-958
            — for the month of September                                                                     30-565
            — for the month of October                                                                       27-031
            — for the month of November                                                                      27-031
            — for the month of December                                                                      27-031
            (') The conversion rates from units of account into national currency as foieseen by Article 9 (J) (a) of
                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 .  ■s  FF        6-14080
                1  u.a .      Dkr       7-57831
                1  u. «.  =«= £         0-532473
                i  u . a. —   Lit     821-254