CELEX: 31974R1253
Language: en
Date: 1974-05-18 00:00:00
Title: Regulation (EEC) No 1253/74 of the Commission of 17 May 1974 determining the world market price for colza and rape seed

No L 135/ 16                                     Official Journal of the European Communities                             18 . 5 . 74
                                     REGULATION ( EEC) No 1253/74 OF THE COMMISSION
                                                                 of 17 May 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 (-) ;                                                                   arithmetic mean of the spot market rates of each
                                                                                of these currencies recorded for a given period, in
Having regard to Council Regulation ( EEC) No
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 (fa), and in particular Article 9 (4) thereof ;
Having regard to the Opinion of the Monetary                                                         Artie c /
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                                                  Artie c 2
set out in Commission Regulation ( EEC) No
81 9/74 ( 7) of 5 April 1974 fixing the amount of the                       This Regulation shall enter into force on 20 May
subsidy on oil seeds ;                                                      1 974 .
                    I his Regulation shall be binding in its entirety and directly applicable in all Member
                   States .
                   Done at Brussels, 17 May 1974.
                                                                                       f:or the Commission
                                                                                          P. J. LARDINOIS
                                                                                    /Member of the Commission
(') C )| No 172 , 30 . S>. 1 966, p . 3025 /66 .
(J ) OJ  No    1. 1 7 5 , 24 . 6 . | 973, p . .v
(>)  0*| No    I. 167, 2 v 7 . 1972, p . y .
(4 ) OJ  No    L   U 7, 28 . 12 . 1973 p . 6 .
(>)  OJ  No    L  2 5 6, 24. S. 1 973 , p . 2 «.
(b)  OJ  No    1. 51 . 23 . 2 . |y 74, p . 30 .
O    OJ  No   L   96. 6 . 4 . 1 974, p. 24.
 ---pagebreak--- 18 . 5 . 74                             Official Journal of the European Communities                                          No L 135/ 17
                                                                ANNEX
            World market price applicable from 20 May 1974 for colza and rape seed (CCT heading
                                                             No ex 12.01 )
                                                                                                         u . a . / 100 kg (')
            World market price :                                                                            29·875
            World market price where the subsidy is fixed in advance :
            —     for the month of May ,                                                                    29·875
            —    for the month of June                                                                      29·875
            —    for the month of July                                                                      30·023
            —     for the month of August                                                                   27·289
            —     for the month of September                                                                26·757
            — for the month of October                                                                      26·529
            (') The conversion rates from units of account into national currency as foreseen by Article 9 (5) (•) 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         6·36391
                1  u.a .  =  Dkr        7·57831
                1 u.a . =    £          0·54224 )
                1 u.a . «=   Lit      818·820