CELEX: 31974R1565
Language: en
Date: 1974-06-22 00:00:00
Title: Regulation (EEC) No 1565/74 of the Commission of 21 June 1974 determining the world market price for colza and rape seed

No L 167/22                               Official Journal of the European Communities                            22 . 6 . 74
                              REGULATION (EEC) No 1565 /74 OF THE COMMISSION
                                                          of 21 June 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 (') 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
 1 569/72 (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
819 /74 (7) of. 5 April 1974 fixing the amount of the               This Regulation shall enter into force on 24 June
subsidy on oil seeds ;                                               1974 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
                Done at Brussels, 21 June 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.
 J) 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 51 , 23 . 2 . 1974, p. 30 .
 A OJ No L 96, 6. 4. 1974, p. 24.
 ---pagebreak--- 22. 6 . 74                             Official Journal of the European Communities                                       No L 167/23
                                                               ANNEX
           World market price applicable from 24 June 1974 for colza and rape seed (CCT heading
                                                             No ex 12.01 )
                                                                                                        u.a . /100 kg (')
           World market price :                                                                          34-344
           World market price where the subsidy is fixed in advance :
           — for the month of June                                         >                             34-344
           — for the month of July                                                                        34-492
           — for the month of August                                                                      34-492
           — for the month of September                                                                   33-314
           — for the month of October                                                                    27-817
           — for the month of November                                                                    26-010
           (') The conversion rates from units of account into national currency as foteseen by Article 9 (5) (a) of
               Regulation (EEC) No 2300/73 are the following :
                1 u.a . =   DM        3-21978
               1 u.a . =    F1        3-35507
               1 u.a . =    Bfr/Lfr  48-6572
               1 u.a . -    FF        6-29319
               1 u.a . =    Dkr       7-57831
               1 u.a . -    £         0-532473
               1 u.a . -    Lit     827-821