CELEX: 31974R0088
Language: en
Date: 1974-01-12 00:00:00
Title: Regulation (EEC) No 88/74 of the Commission of 11 January 1974 determining the world market price for colza and rape seed

12 . I. 74                                   Official Journal of the European Communities                           No L 10 / 15
                                  REGULATION (EEC) No 88 / 74 OF THE COMMISSION
                                                            of 1 1 January 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/ EECC ) 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 0 ;                                                                 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 :
3491 /73 (6), and in particular Article 9 (4) thereof ;
 Having regard to the Opinion of the Monetary                                                     Article i
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
 mined in accordance with the rules and the criteria                                              Article 2
set out in Commission Regulation (EEC) No
 1898 /73 ( ;) of 13 July 1973 fixing the amount of the                  This Regulation shall enter into force on 14 January
subsidy on oil seeds ;                                                  . 1974 .
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels, 11 January 1974 .
                                                                                     For the Commission
                                                                                       P.J. LARDINOIS
                                                                                Member of the Commission
(l)  OJ  No   172, 30 . 9 .  1966, p . 3025 / 66 .
(')  OJ  No   L 175, 29 .   6 . 1973 , p. 5 .
(*)  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 357, 28 .   12 . 1973 , p . 31 .
(7) OJ   No  L 193 , 14 .   7 . 1973 , p. 28 .
 ---pagebreak--- No L 10/ 16                             Official Journal of the European Communities                                         12 . 1 . 74
                                                                ANNEX
             World marker price applicable worn M January 1974 for colza and raps seed (CCT heading
                                                             No ex 12.01 )
                                                                                                         u.a. / 100 kg ( l )
            World market price :                                                                            27-163
            World market price where the subsidy is fixed in advance :
            — for the month of January 1974 :                                                               27-163
            — for the month of February 1974 :                                                              27-163
            — for the month of March 1974 :                                                                 27-457
            — for the month of April 1974 :                                                                 25-839
            — for the month of May 1974 :                                                                   25-839
            — for the month of June 1974 :                                                                  25-524
            (■) 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 .       Fl       3-35507
                1 u. e.      Bfr/Lfr  48-6572
                1 u.a . =     FF       5-55419
                t U.S.  —     Dkr      7-57831
                1 u.a . ■«   £         0-507441
                1 u.a . *=   Lit     725-036