CELEX: 31974R2466
Language: en
Date: 1974-10-01 00:00:00
Title: Regulation (EEC) No 2466/74 of the Commission of 30 September 1974 determining the world market price for colza and rape seed

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1 . 10 . 74                                  Official Journal of the European Communities                          No L 264/47
                                  REGULATION ( EEC) No 2466/74 OF THE COMMISSION
                                                          of 30 September 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 0 ;                                                                 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
                                                                              relation to the Community currencies referred to
 1 569/72 (J) of 20 July 1972 laying down special
 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 1 973 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                                                        Art iclc 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                                                  Art itic 2
 set out in Commission Regulation (EEC) No
  1 690/74 ( 7) of 28 June 1974 fixing the amount of the                 This Regulation shall enter into force on 1 October
 subsidy on oil seeds ;                                                   1 974 .
                  This Regulation shall be binding in its entirety and directly applicable in all Member
                  States .
                  Done at Brussels, 30 September 1974 .
                                                                                     /'or the (JIIII IN ISSIOII
                                                                                       . P.J. LARDINOIS
                                                                                  /Member of the (, oi>nni.\sion
    ') 0 | No 172, 30 . 9 . 1966, p . 3025 / 66 .
   -') O'l No  L  175, 29 . 6 . 197 ?, p. 5 .
   ■') O'l No  L  167, 25 . 7 . 1972, p. 9 .
   4)  O'l No  I. 357, 28 . 12 . 1973 , p . 6 .
   s)  O'l No  I. 236, 24 . 8 . 1973 , p. 28 .
   ")  O'l No  I. SI , 23 . 2 . 1 974, p . 30 .
    ") OJ No L 176 , 30 . 6 . 1 9?4, p . 8 .
 ---pagebreak--- No L 264/48                              Official Journal of the European Communities                                  1 . 10 . 74
                                                                ANNEX
            World market price applicable from 1 October 1974 for colza and rape seed (CCT heading
                                                              No ex 12.01 )
                                                                                                         u.a. /100  a
            World market price :                                                                           39-176
            World market price where the subsidy is fixed in advance :
            — for the month of October 1974                                                                39-176
            — for the month of November 1974                                                               39-176
            — for the month of December 1974                                                              39-991
            — for the month of January 1975                                                                40-235
            — for the month of February 1975                                                               40-235
            — for the month of March 1975                                                                  40-072
            (') 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         5-88731
                I  u.a . —   Dkr        7-57831
                1  u.a . =   £          0-530301
                t  u.a . —
                             Lit      812-150