CELEX: 31975R1399
Language: en
Date: 1975-05-31 00:00:00
Title: Regulation (EEC) No 1399/75 of the Commission of 30 May 1975 determining the world market price for colza and rape seed

No L 140/36                               Official Journal of the European Communities                             31 . 5. 75
                              REGULATION (EEC) No 1399/75 OF THE COMMISSION
                                                          of 30 May 1975
                             determining the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                      subsidy on oil seeds, as last amended by Regulation
COMMUNITIES,                                                        (EEC) No 1398 /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/
66/ EEC ( 1 ) of 22 September 1966 on the establish­                — in the case of currencies which are maintained in
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
1 569/72 (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
632/75 (6), and in particular Article 9 (4) thereof ;                HAS ADOPTED THIS REGULATION :
Having regard to the Opinion of the Monetary
Committee ;                                                                                   Article 1
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                                           Article 2
set out in Commission Regulation (EEC) No
1322/75 (7) of 23 May 1975 fixing the amount of the                  This Regulation shall enter into force on 2 June 1975.
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
                Done at Brussels, 30 May 1975.
                                                                                 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.
O   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 .
(') OJ No    L 66, 13 . 3 . 1975, p. 11 .
(7) OJ No    L 133, 24. 5. 1975, p . 55 .                            (s) See page 34 of this Official Journal .
 ---pagebreak--- 31 . 5. 75                                Official Journal of the European Communities                                                            No L 140/37
                                                                        ANNEX
           World market price applicable from 2 June 1975 for colza and rape seed (CCT heading No
                                                                        ex 12.01 )
                                                                                                                                   u.a/100 kg (')
           World        market price :                                                                                                18.958
           World       market price where the subsidy is fixed in advance :
           — for       the month of June 1975                                                                                         18.958
           — for       the month of July 1975                                                                                         18.958
           — for       the month of August 1975                                                                                       18.886
           — for       the month of September 1975                                                                                    18.886
           — for the month of October 1975                                                                                            18.814
           — for the month of November 1975                                                                                           18-742
           (*) 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          5.56932
               1 u.a . —   Dkr         7.57831
               1 u.a . «     £      0.602776
               1 u.a . —   I£       0.602776
               1 u.a . =   Lit      876.079