CELEX: 31974R1500
Language: en
Date: 1974-06-14 00:00:00
Title: Regulation (EEC) No 1500/74 of the Commission of 14 June 1974 introducing a countervailing charge on peaches imported from Spain

15 . 6 . 74                               Official Journal of the European Communities                           No L 158/31
                             REGULATION (EEC) No 1500/74 OF THE COMMISSION
                                                          of 14 June 1974
                    introducing a countervailing charge on peaches imported from Spain
THE COMMISSION OF THE EUROPEAN                                      Whereas it is necessary to record the prices to be
COMMUNITIES,                                                         taken into consideration on the representative markets
                                                                     referred to in Regulation (EEC) No 1 29 1 /70 (4),
Having regard to the Treaty establishing the European               amended by Regulation ( EEC) No 2846/72 (5) ;
Economic Community ;
Having regard to Council Regulation (EEC) No                        Whereas, for peaches from Spain the entry price calcu­
1035/72 (^ of 18 May 1972 on the common organiza­                    lated in this way has remained at least 0-50 unit of
tion of the market in fruit and vegetables as last                   account below the reference price for two consecutive
amended by Regulation (EEC) No 2745/72 (2 ), and in                  market days ; whereas a countervailing charge should
particular the second subparagraph of Article 27 (2)                 therefore be introduced for peaches imported from
thereof ;                                                            Spain ;
Whereas Article 25 ( 1 ) of Regulation (EEC) No                     Whereas if the system is to operate normally it should
1035/72 provides that, if the entry price of a product               be calculated on the following basis :
imported from a third country remains at least 0-50                 — in the case of currencies which are maintained in
unit of account below the reference price for two                          relation to each other, at any given moment
consecutive market days, a countervailing charge must                      within a band of 2-25 % a rate of exchange based
be introduced in respect of the exporting country                          on their effective parity ;
concerned, save in exceptional circumstances ;
whereas this charge is equal to the difference between               — for other currencies an exchange rate based on the
the reference price and the arithmetic mean of the                         arithmetic mean of the spot market rates of each
last two entry prices available for that exporting                         of these currencies recorded for a given period, in
country ;
                                                                           relation to the Community currencies referred to
                                                                           in the previous subparagraph ,
Whereas       Commission          Regulation (EEC) No
 1 244/74 (3) of 16 May 1974 fixing the reference price
for peaches for the 1974 marketing year fixed the                    HAS ADOPTED THIS REGULATION :
reference price for Class I at 34-5 units of account per
 100 kg net for the period 11 to 20 June 1974 ;                                                  Article 1
Whereas the entry price for a given exporting country
is equal to the lowest representative prices recorded                A countervailing charge of 4-3 units of account per
for at least 30 % of the quantities from the exporting                100 kg net is applied to peaches (subheading 08.07 B
country , concerned which are marketed on all repre­                 of the Common Customs Tariff) imported from Spain.
sentative markets for which prices are available, less
the duties, and the charges indicated in Article 24 (3)                                          Article 2
of Regulation (EEC) No 1035 /72 and whereas the
meaning of representative price is defined in Article                This Regulation shall enter into force on 18 June
24 (2) of Regulation ( EEC) No 1035/72 ;                              1974 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 14 June 1974.
                                                                                  For the Commission
                                                                                     The President
                                                                                Francois-Xavier ORTOLI
(') 01 No L 1 18 . 20 . 5 . 1972 . p. 1 .
(: ) 01 No L 291 , 2S . 12 . 1972. p. 147 .                          (') OI No L 144. 2 . 7 . 1970 , p. 10 .
(•') O') No L 134, P. 5 . 19^4, p. 39 .                              ( 5 ) Of No L 299 . 31 . 12 . 1972 , p. 1 .