CELEX: 31975R3396
Language: en
Date: 1975-12-31 00:00:00
Title: Regulation (EEC) No 3396/75 of the Commission of 30 December 1975 determining the world market price for colza and rape seed

31 . 12. 75                             Official Journal of the European Communities                         No L 334/39
                            REGULATION (EEC) No 3396/75 OF THE COMMISSION
                                                     of 30 December 1975
                           determining the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                     the subsidy on oil seeds, as last amended by Regula­
COMMUNITIES,                                                       tion (EEC) No 3395/75 (8) ;
 Having regard to the Treaty establishing the European             Whereas to enable the price system to operate
Economic Community ;                                               normally, the world market price should be calculated
                                                                   on the following basis :
Having regard to Council Regulation No 136/
                                                                  — in the case of currencies which are maintained in
66/ EEC (') of 22 September 1966 on the establish­
ment of a common organization of the markets in oils                   relation to each other, at any given moment,
and fats, as last amended by Regulation (EEC) No                       within a band of 2-25 % , a rate of exchange based
 1707/73 (2);                                                          on their effective parity ;
                                                                  — for other currencies an exchange rate based on the
Having regard to Council Regulation (EEC) No                           arithmetic mean of the spot market rates of each
 1569/72 (3) of 20 July 1972 laying down special                       of these currencies recorded for a given period, in
measures for colza and rape seed, as last amended by                   relation to the Community currencies referred to
Regulation (EEC) No 3477/73 (4) ;                                      in the previous subparagraph ;
Having regard to Commission Regulation (EEC) No                   Whereas, applying all these provisions, the world
2300/73 (5) of 23 August 1973 laying down detailed                 market price for colza and rape seed should be fixed
rules for applying differential amounts for colza and              as shown in the table annexed to this Regulation,
rape seed and repealing Regulation (EEC) No
 1464/73, as last amended by Regulation (EEC) No
                                                                   HAS ADOPTED THIS REGULATION :
632/75 (6), and in particular Article 9 (4) thereof ;
Having regard to the Opinion of the Monetary                                               Article 1
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                                            Article 2
mined in accordance with the rules and the criteria
set out in Commission Regulation (EEC) No                         This Regulation shall enter into force on 1 January
2651 /75 (7) of 17 October 1975 fixing the amount of               1976 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 30 December 1975 .
                                                                             For the Commission
                                                                              C. P. DRIESPRONG
                                                                                    Director
(') 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 66, 13 . 3. 1975, p . 11 .
(7) OJ No  L 269, 18 . 10 . 1975, p . 37.                         (8) See page 37 of this Official Journal .
 ---pagebreak--- No L 334/40                              Official Journal of the European Communities                                                              31 . 12. 75
                                                                       ANNEX
          World market price applicable from 1 January 1976 for colza and rape seed (CCT heading
                                                                    No ex 12.01 )
                                                                                                                                 u.a. /100 kg (1 )
          World       market price                                                                                                  16-976
          World       market price where the subsidy is fixed in advance :
          — for       the month of January 1976                                                                                     16-976
          — for        the month of February 1976                                                                                   17-137
          — for the month of March 1976                                                                                             17-298
          — for the month of April 1976                                                                                             18-031
          — for the month of May 1976                                                                                               18-031
          — for the month of June 1976                                                                                              17-870
          (') 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         5-55419
               1 u.a . =   Dkr        7-57828
               1 u.a . -     £        0-61332
               1 u.a . -   I£         0-61332
               1 u.a . —   Lit      844-288