CELEX: 51974PC0823
Language: en
Date: 1974-06-12
Title: Proposal for a REGULATION (EEC) OF THE COUNCIL fixing for the 1974/1975 marketing year the monthly increase in the target and intervention prices for oilseeds (submitted to the Council by the Commission)

ARCHIVES HISTORIQUES
DE LA COMMISSION
COLLECTION RELIEE DES
DOCUMENTS "COM"
COM (74) 823
Vol. 1974/0126
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 ---pagebreak---   COMMISSION GE THE EUROPEAN COMMUNITIES
i
                                            COM(74 ) 823 final
                                            Brussels . 12 June 1974
                                 Proposal for a
                         REGULATION (EEC ) OF THE COUNCIL
                    fixing for the 19741974/1975 marketing year the
                       monthly increase in the target and
                         intervention prices for oilseeds
                  ( submitted to the Council by the Commission)
     COM(74 ) 823 final
 ---pagebreak---                               EXPLAL7ATCRY MEMOaAHDDM
Article 25 of Regulation Ho 136/ 66/ ESC lays down that each year the Council
shall fix the number and amount of monthly increases "by which the target price
and the intervention prioe for oilseeds shall be increased .
As the different costs taken into consideration for this calculaticn ? as well
as the value of the product stooked , have risen since the 1973/1974 marketing
year , it js proposed to increase the rnontMy increases for the 1974/1975 marke–
ting year from 0,^00 to 0,230 UA/lOC kg in respect of colza and rapeseed and
from 0,234 to 0,270 UA/lOO kg for sunflower seed .
Further , in view of experience acquired regarding the sa,le of the Community
production and its foreseeable p troiutiaa 1 in the coming marketing year , it
is proposed to maintain the number of monthly increases at seven for colza
and rapeseed and at five for sunflower seed *
Financial Incidence «
The additional expenditure resulting from raising the amount of the monthly
increases vri.ll be 1 ,113 ? 000 UA for the 1974/75 marketing year (Art * 633 of the
European Communities budget ) «
 ---pagebreak---                                          , Proposai
                      REGUItATIdT (EEC ) Ho .«../74 OP THE COUNCIL
 fixing for the 1974/1975 marketing year the month!# increase in the -target;
 and intervention prices for oilseeds * '
 THE C0C1TCIL OP THE EUROPEAN OŒMMITIES ,
 Having regard to the Treaty establishing the European Economic Community ,
 Having regard to Council Regulation Ho 136/66/EEC^"^ of 22 September 1966 on
 the establishment of a common organization of the market in oils and fats , as
 last amended by Regulation (EEC) Ho lJOj/73^\ and in particular article 25
 thereof ;
 Hiving regard to the proposal from the Commissi on ;
■Whereas , in accordance tyith Article 25 of Regulation llo I36/66/EBC , the amount
by which the target and intervention prices for colza , rapeseed and. sunflower
 seeds are increased monthly from the beginning of the third month of the marla-
ting year should be fixed for the 1974-/1975 marketing year , and the number of
months during which such increases are to be applied should be determined ;
whereas such amount must be the same for both prices ;
Whereas such increases must be the same for each month and be fixed by reference
to average storage and interest charges recorded in the Community ; whereas
 average storage charges should be determined on the basis of the cost of storing
the seed in suitable places and of the handling charges necessary to keep the
 seed in good condition ; whereas interest charges may be calculated on the basis
 of the rate considered as normal for the production ^areas ; ■               •
Whereas , taking into account the aforesaid requirements , the monthly increases
for the 1974/75 marketing year should be fixed at a level higher than that of
the preceding marketing year ;
Whereas i?he experience gained during the 1973/74 marketing year and harvest
forecasts do not justify, for the 1974/75 marketing year , the determination of a
number of monthly increases different from that laid down for the preceding
marketing year }
HAS ADOPTED THIS REGULATION :
 ( 1 ) OJ ¥0 172 , 30.9.1966 , P. 3025/66»
 ( 2) OJ No L 175, 29.6.1973 , P. 5.
 ---pagebreak---                                         2
                                   .article 1
1 * For the 131A/1 5 marketing year , the amount of the monthly increases appli­
    cable to colza and rape seed shall be 0r 23 unit of' acoount per 100 kilo­
    grammes *
2 * These increases shall apply for seven months •
                                   article 2
1# For the 1974/75 marketing year , the amount of the monthly increases appli­
    cable for sunflower seed shall be 0,27 unit of acoount per 100 kilogrammes *
2 » These increases shall apply for five months .
                                   Article 3
This Regulation shall enter into force on 1 July 1974 *
This Regulation shall be binding in its entirety and directly applicable in
ail Member States-
Done at Brussels ,                                       For the Counoil
                                                         The Présidât