CELEX: 31974R1691
Language: en
Date: 1974-06-30 00:00:00
Title: Regulation (EEC) No 1691/74 of the Commission of 28 June 1974 determining the world market price for colza and rape seed

No L 176 / 12                            Official Journal of the European Communities                            30 . 6 . 74
                              REGULATION ( EEC) No 1691 / 74 OF THE COMMISSION
                                                         of 28 June 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 (') 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
1 707/ 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
                                                                                                  Artiih I
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
8 1 9/74 ( 7) of 5 April 1974 fixing the amount of the
subsidy on oil seeds ;                                              This Regulation shall enter into force on 1 Julv 1 9~'4 .
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States .
                 Done at Brussels, 28 June 1974 .
                                                                               /■ oi ' tin (. oni m i\.\ion
                                                                                   l \ |. I.ARDINOIS
                                                                          Ait mhtr of tin ('onim isMini
(') ()| No 172, 30 . 9 . 1966, p. 3025 / 6<
(•) ()'| No I. 175 , 29 . 6. 1 973, p. 5 .
(') O'l No I. 167 , 25 . 7. 1972, p. 9 .
(') O ) No L 357 , 28 . 12 . 1973 , p. 6 .
( s ) O ) No L 236 , 24 . 8 . 1973 , p. 28 .
(") O ) No 1 . 51 , 23 . 2 . 1974, p. 30 .
0 O") No 1 . 96, 6. 4. 1974, p. 24 .
 ---pagebreak--- 30. 6 . 74                             Official Journal of the European Communities                                       No L 176/ 13
                                                               ANNEX
           World market price applicable from 1 July 1974 for colza and rape seed (CCT heading
                                                             No ex 12.01 )
                                                                                                        u.a. / 100 kg (*)
           World market price :                                                                          31.744
           World market price where the subsidy is fixed in advance :
           — for the month of July                                                                       31-744
           — for the month of August                                                                     31-744
           — for the month of September                                                                  31-351
           — for the month of October                                                                    27-031
           — for the month of November                                                                   25-853
           — for the month of December                                                                   25-853
           (') 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 . a . =» Bfr/Lfr  48-6572
               1 u.a . «=   FF        6-23313
               1 u.a. -     Dkr       7-57831
               1 u.a . -    £         0-532473
               1 u.a . -    Lit     827-821