CELEX: 51973PC0889
Language: en
Date: 1973-06-07
Title: Proposal for a REGULATION (EEC) OF THE COUNCIL fixing for the 1973/1974 marketing year the monthly increase in the target and intervention prices for oil seeds (submitted to the Council by the Commission)

ARCHIVES HISTORIQUES
DE LA COMMISSION
COLLECTION RELIEE DES
DOCUMENTS "COM"
COM (73) 889
Vol. 1973/0163
 ---pagebreak--- Disclaimer
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In accordance with Council Regulation (EEC, Euratom) No 354/83 of 1 February 1983
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 ---pagebreak--- COMMISSION OF THE EUROPEAN COMMUNITIES
                                                   COM(73 ) 889 final
                                                   Brussels , 7 June 1973
                                  Proposal for a
                          REGULATION (EEC ) OF THE COUNCIL
               fixing for the 1973/1974 marketing year the monthly
               increase in the target and intervention prices for
                                      oil seeds
                     ( submitted to the Council "by the Commission)
  COM(73 ) 889 final
 ---pagebreak---                              ESPLMATORT HEMORAITOUM
Artiole 25 of Regulation Uo I36/ 66/ ESC provides that each year the Council
shall fix the number and the amount of the monthly increases by which the
target price and the intervention price of oil seeds shall be raised#
As both various costs taken into consideration when calculating the monthly
increases and the value of stocks have undergone an increase since the
1972/1973 marketing year , a 3 $ raise in the monthly increases is proposed
for the I573/1974 marketing year.
Furthermore , taking into account -the experience acquired as regsrds the sale
of the community production , and the forseeable development of the latter for
the coming year , it is proposed to maintain the number of monthly increases
at 7 £°r colza seed and at 5 f°r sunflower seed.
Financial C onseq;uer'.ces «
Tha additional costs resulting from the rise in ite amount of the monthly
increases are estimated at 220,000 UA for the 1973/1974 marketing year
(Article 633 of the Budget of the European Communities)#
 ---pagebreak---                                      Proposal for a   -
                            TMTJLATIOr .(EE ) OF TOE COUFCIL
fixing for -the 1973 /l974 marketing year the monthly increase in the target
and intervention prices for oil seeds .               .  r
THE COUNCIL OF THE EUROPEAN COIEOITIES ,
Having regard to the Treaty establishing the European Economio Community ;
Having regard to Counoil Regulation Ho 136/66/EEC           of 22 September 1966
on the establishment of a common organization of the market in oils and fats .
                                (2 )
as last amended by the Act s 'annexed to the Treaty ooncerning the Acoession
of new Member States to the European Economic Community and the European
Atonic Energy Community            signed at Brussels on 22 January 1972 j and in
particular Artiole 25 thereof ;
Having regard to the proposal from the Commission ;
Whereas , in accordance with Article 25 of Regulation Ho 136/66/EEX3 , the amount
by whlci the target and intervention prices for colza , rape seed and sunflower
seeds are increased monthly from the beginning of the third month of the mar­
keting year should be fixed for the 1973/1974 marketing year, and the number
of months during which such increases are to be applied should be determined ;
whereas such amount must be the same for both prices ;
Whereas such increases must be the same for each month and be fixed by refe­
rence to average storage and interest' charges reoordedin the Community;
whereas average storage charges should be determined on the basis of the cost
 of storing the sedd in suitable places and of the handling charges necessary
to keep the seed in good conditions ; whereas interest charges may be calcula­
ted on the basis of the rate considered as normal for the production areas ;
Whereas taking into aocount the aforesaid requirements , the monthly increases
for the 1973/1974 marketing year should be fixed at a level higher than that
 of the preceding marketing year;
"Whereas the experience gained during the 1972/1973 marketing year and harvest
 forecasts do not justify for the 1973/1974 marketing year the determination of
 a number of monthly increases different from that laid down for the preceding
 marketing year ,
 HAS ADOPTED THIS REGULATION :
 M OJ NO 172 , 30.9.1966 , p . 3025/66.
 ( 2 ) OJ No L 73 , 27.3.1972 , p. 14 .
 (3 ) OJ No L 73 , 27,3.1972 , p. 5-
 ---pagebreak---                                      - 2 -
                                  Article 1
1 « For the 1973/ 1974 marketing year the amount of the monthly increases
    applicable to colza and rape seed shall he 0,200 unit of acoount per 100
    kilogrammes *
2# These increases shall apply for seven months *
                                  Article 2
1# For the 1973/1974 marketing year the amoutn of the monthly increases appli­
    cable for sunflower seed shall "be 0,234 unit of account per 100 kilogrammes .
2 . These increases shall apply for five months#
                                  Article 3
This Regulation shall enter into force on 1 July 1973 •
This Regulation shall be binding in its entirety and directly applicable in
all Member States *
Done at Brussels ,                                          For the Oounoil
                                                            The President *