CELEX: 31976R1714
Language: en
Date: 1976-07-16 00:00:00
Title: Commission Regulation (EEC) No 1714/76 of 15 July 1976 determining the world maket price for colza and rape seed

16 . 7 . 76                                 Official Journal of the European Communities                        No L 192/ 21
                                       COMMISSION REGULATION ( EEC) No 1714/ 76
                                                             of 15 July 1976
                               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 establishment                         on their effective parity ;
 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 (-'),                                                            arithmetic mean of the spot market rates of each
                                                                           of these currencies recorded for a given period, in
 Having regard to Council Regulation ( EEC) No                             relation to the Community currencies referred to
 1569/72 of 20 July 1972 laying down special                               in the previous subparagraph ;
 measures for colza and rape seed (3), as last amended
 by Regulation ( EEC) No 3477/73 (4),                                  Whereas, applying all these provisions, the world
                                                                       market price for colza and rape seed should be fixed
 Having regard to Commission Regulation ( EEC) No                      as shown in the table annexed to this Regulation ,
 2300/73 of 23 August 1973 laying down detailed
 rules for applying differential amounts for colza and
 rape seed and repealing Regulation ( EEC) No
                                                                       HAS ADOPTED THIS REGULATION :
 1 464/73 (5 ), as last amended by Regulation ( EEC) No
 632/75 (6), and in particular Article 9 (4) thereof,
                                                                                              Article 1
 Having regard to the opinion of the Monetary
 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 1713/76
of 15 July 1976 fixing the amount of the subsidy on                    This Regulation shall enter into force on 16 July
oil seeds (7) ;                                                        1976 .
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States .
                 Done at Brussels, 15 July 1976.
                                                                                 For the Commission
                                                                                   P.J. LARDINOIS
                                                                             Member of the Commission
(')  OJ    No 172, 30 . 9 . 1966, p . 3025/66 .
(-') OJ    No L 175, 29 . 6 . 1973 , p . 5 .
(3 ) 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 66, 13 . 3 . 1975, p . 1 1 .
( 7) See   page 17 of this Official Journal .
 ---pagebreak--- No L 192/ 22                               Official Journal of the European Communities                                                                  16 . 7 . 76
                                                                        ANNEX
           World market price applicable from 16 July 1976 for colza and rape seed (CCT heading No
                                                                        ex 12.01
                                                                                                                                     u.a J 1 00 k u ( i)
            world      market price                                                                                                     231 67
           World       market price where the subsidy is fixed in advance :
           — for       the month of July 1976                                                                                           231 67
           — for       the month of August 1976                                                                                         231 67
           — for       the month of September 1976                                                                                      23-328
           — for the month of October 1976                                                                                              23.489
           — for the month of November 1976                                                                                             23 651
           — for the month of December 1976                                                                                             23-651
           (') 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 :
                I u.a   =
                           DM           3-21978
               I  u.a   =  Fl           3-35507
               I  u.a      Bfr/ Lfr    48-6572
               I  u. a  =  FF         . 5-8633 1
               I  u. a  =  Dkr          7-57828
               I  u .a  =    s:     0-688676
               I  u.a   =  li'      0-688676
               I  u. a  =  Lit       1 035-65