CELEX: 31974R2766
Language: en
Date: 1974-11-01 00:00:00
Title: Regulation (EEC) No 2766/74 of the Commission of 31 October 1974 determining the world market price for colza and rape seed

1 . 11 . 74                               Official Journal of the European Communities                         No L 294/57
                              REGULATION (EEC) No 2766/74 OF THE COMMISSION
                                                        of 31 October 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 (1 ) 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 (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
1569/72 (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                                                 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
mined in accordance with the rules and the criteria                                          Article 2
set out in Commission Regulation (EEC) No
2535/74 (7) of 4 October 1974 fixing the amount of                   This Regulation shall enter into force on 1 November
the subsidy on oil seeds ;                                           1974 .
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States .
               Done at Brussels, 31 October 1974.
                                                                                For the Commission
                                                                                  P.J. LARDINOIS
                                                                           Member of the Commission
(!) 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 51 , 23 . 2 . 1974, p. 30 .
(7) OJ   No L 271 , 5 . 10 . 1974, p. 38 .
 ---pagebreak--- No L 294/58                            Official Journal of the European Communities                                       1 . 11 . 74
                                                                ANNEX
            World market price applicable from 1 November 1974 for colza and rape seed (CCT heading
                                                             No ex 12.01 )
                                                                                                         u.a. /100 kv (')
            World market price :                                                                           36-128
            World market price where the subsidy is fixed in advance :
            — for the month of November 1974                                                               36-128
            — for the month of December 1974                                                               36-128
            — for the month of January 1975                                                                38-033
            — for the month of February 1975                                                               38-033
            — for the month of March 1975                                                                  38-033
            — for the month of April 1975                                                                  38-033
            (') The conversion rates from units of account into national currency as foreseen by Article 9 (J) (•) W
                Regulation (EEC) No 2300/73 are the following :
                 1 u.a .  at  DM       3-21978
                1 u.a .      Fl        3-35507
                1 u.a .      Bfr/Lfr  48-6572
                1 u.a .  -*  FF        5-95869
                1 u.a .  ■D  Dkr       7-57831
                1 u.a .  =     £       0-537447
                1  u.a .     I £       0-537447
                1  u.a .     Lit     843-10