CELEX: 31975R1662
Language: en
Date: 1975-07-01 00:00:00
Title: Regulation (EEC) No 1662/75 of the Commission of 30 June 1975 fixing the amount of the subsidy on oil seeds

1 . 7 . 75                            Official Journal of the European Communities                         No L 168/33
                            REGULATION (EEC) No 1662/75 OF THE COMMISSION
                                                      of 30 June 1975
                                    fixing the amount of the subsidy on oil seeds*
THE COMMISSION OF THE EUROPEAN                                   mining world market prices for oil seeds and fixed the
COMMUNITIES,                                                     frontier crossing point, fixed at Rotterdam ;
Having regard to the Treaty establishing the European
Economic Community ;                                             Whereas Article 1 of that Regulation provides that
                                                                 when the world market price is being determined
                                                                 account should be taken of all offers on the world
                                                                 market known to the Commission and of quotations
Having regard to Council Regulation No 136/                      on those exchanges which are significant for interna­
66/ EEC ( 1 ) of 22 September 1966 on the establish­             tional trade ; whereas Article 2 of Commission Regula­
ment of a common organization of the market in oils              tion No 225/67/EEC (5) of 28 June 1967 on detailed
and fats, as last amended by Regulation (EEC) No                 rules for determining the world market price for oil
1 707/73 (2), and in particular Article 27 (4) thereof ;         seeds, as last amended by the Act of Accession (6),
                                                                 provides that offers , and quotations which do not
                                                                 relate to shipments to be effected within 30 days
Having regard to the Opinion of the Monetary                     following the date oh which the world market price is
Committee ;                                                      determined should be disregarded ; whereas offers and
                                                                 quotations which the Commission believes, in view of
                                                                 general price movements or information available to
Whereas Article 27 of Regulation No 136/66/EEC                   it, not to be representative of the real trend of the
provides that a subsidy should be granted in respect of          market must also be disregarded ; whereas offers and
oil seeds harvested and processed within the Commu­              quotations relating to quantities of less than 500
nity when the target price for a species of seed is              metric tons and offers relating to seed of a quality
higher than the price on the world market ; whereas              other than that normally acceptable on the world
these provisions apply only in respect of colza, rape            market must also be disregarded ;
and sunflower seeds ;
                                                                 Whereas Article 3 of Regulation No 225/67/EEC
Whereas the subsidy on oil seeds should, theoretically,
                                                                 provides that of the offers and quotations taken into
be equal to the difference between those two prices ;            consideration, those for delivery c and f should be
                                                                 increased by 0-2 % ; whereias offers and quotations for
                                                                 delivery fas, fob or otherwise should be increased, as
Whereas the target price for each species of seed was            appropriate, by loading, transport and insurance costs
fixed by Council Regulation (EEC) No 657/75 (3) of 4             from tfie point of shipment or loading to the frontier
March 1975 fixing target and basic intervention prices           crossing point ; whereas cif offers and quotations for
for oil seeds for the 1975/76 marketing year ;                   frontier crossing points other than Rotterdam should
                                                                 be adjusted to allow for the difference in transport
                                                                 costs as compared with a product delivered cif
Whereas Article 29 of Regulation No 136/66/EEC                   Rotterdam ; whereas the Commission should take
provides that the world market price, calculated for a           account only of the loading, transport and insurance
Community frontier crossing point, is to be deter­               costs which to its knowledge are the lowest ; whereas,
mined on the basis of the most favourable purchasing             finally, offers and quotations for delivery cif
opportunities, quotations being adjusted where neces­            Rotterdam should be increased by 0-20 unit of
sary to take account of quotations for competing                 account ;
products ;
Whereas Article 4 of Council Regulation No 115/                  Whereas Article 5 of Regulation No 115/67/EEC
67/EEC (4) of. 6 June 1967 laid down criteria for deter­          provides that the world market price should be deter­
                                                                  mined for seed of the standard quality for which the
(') OJ No 172, 30. 9. 1966, p. 3025/66.                          target price has been fixed, delivered in bulk ;
(2) OJ No L 175, 29 . 6. 1973, p. 5.
(3) OJ No L 72, 20 . 3 . 1975, p. 3 .                            (5) OJ No 136, 30 . 6 . 1967, p. 2919/67.
(«) OJ No 111 , 10 . 6 . 1967, p. 2196/67.                       (6) OJ No L 73 , 27. 3 . 1972, p. 14.
 ---pagebreak---   No L 168 /34                      Official Journal of the European Communities                                 1 . 7. 75
 Whereas Article 3 of Regulation No 2251671EEC                  — the difference between the price of 1 00 kg of
 provides that offers and quotations relating to                    colza, rape or sunflower seeds, plus processing
 products presented otherwise than in bulk should be                costs, and the total of the prices of the quantities
 adjusted by deducting the additional value resulting               of oil and oil cake resulting from 'the processing of
 from that presentation ; where'as offers and quotations            the type of seed in question, and
 relating to a quality other than the standard quality ,
 for which the target price was fixed should be adjusted        — the difference between the price of 100 kg of one
 on the basis of the coefficients of equivalence shown              or more other seeds, plus processing costs, and the
 in the Annex to that Regulation ; whereas, in the case             total of the prices of the quantities of oil and oil
 of offers on the world market for qualities of colza               cake resulting from the processing of these seeds ;
 and rape seed other than those listed in that Annex,
 coefficients of equivalence derived from those listed          Whereas the factors to be taken into consideration for
 in that Annex may, pursuant to Article 4 of Regula­            the purpose of determining that margin are defined in
 tion No 225/67/ EEC,' be applied ; whereas, when              Article 8 of Regulation No 225/67/EEC ; whereas no
 derived coefficients are being calculated, account must        adjustment should be made where the margin is
 be taken of the differences between prices for the qual­       found to be less than 0-50 unit of account ; whereas
 ities of seed in question and prices for the qualities        Article 6 (2) of Regulation No 1 1 5/67/EEC provides
 listed in that Annex, and of the characteristics of these
                                                                that, when the amount of the adjustment is being
various seeds ;                                                 determined, account should be taken of the incidence
                                                                of the margin in question on marketing operations of
                                                                Community traders and on the disposal of the various
                                                                types of seed on the world market ;
Whereas Article 2 of Regulation No 1 1 5/67/EEC
provides that, where no offer or quotation can be used
as a basis for determining the world market price, that        Whereas Council Regulation (EEC) No 2114/71 ( J) of
price should be determined on thie basis of the value          28 September 1971 on the subsidy for oil seeds, as
of the average quantities of oil and oil cake resulting        amended by Regulation (EEC) No 2730/71 (2), laid
from the processing of 100 kg of seed within the               down rules for granting the subsidy on oil seeds ;
Community less an amount corresponding to the cost             whereas under that Regulation, where the subsidy to
of processing these seeds into oil and oil cake ;              be granted is fixed in advance, the amount of such
whereas the quantities and costs to be taken into              subsidy must be equal to the amount applicable on
consideration for the purposes of the calculation are          the day on which the application for advance fixing
fixed in Article 5 of Regulation No 225/67/EEC ;               was lodged, adjusted by the difference between the
whereas the value of those quantities should be deter­         target price valid on that day and the target price valid
mined in accordance with the provisions of Article 6           on the day on which the seeds are placed under
of that Regulation ;                                           control at an oil mill and, where appropriate, a correc­
                                                               tive amount ; whereas Article 36 of Commission Regu­
                                                               lation (EEC) No 1 204/72 (3) of 7 June 1972 laying
                                                               down detailed rules for the application of the subsidy
Whereas Article 3 of Regulation No 11 5/67/EEC                 system for oil seeds, as last amended by Regulation
provides that, where no offer or quotation can be used         (EEC) No 1 520/75 (4), provides that such adjustment
as a basis for determining the world market price and          should involve increasing or reducing the amount of
where it is, moreover, impossible to establish the value       subsidy applicable on the day on which the applica­
of the oil or oil cake processed from such seed, the           tion was lodged by the difference between the target
world market price should be determined on the basis           price valid during the month during which the seeds
of the most recent known value for oil or oil cake,           were placed under control at an oil mill and the target
adjusted to take account of the trend of world prices          price valid on the day on which the application was
for competing products by applying to that value the           lodged ;
rules set out in Article 2 of Regulation No 115/
67/ EEC ; whereas Article 7 of Regulation No 225/
67/ EEC defines competing products as those oils or           Whereas Article 38 of Regulation (EEC) No 1204/72
oil cakes, as the case may be, which appear to have           provides that the corrective amount must be equal to
been offered in the largest quantities on the world           the difference between the world market price for
market during the period under consideration ;                colza, rape and sunflower seeds and the forward price
                                                              for those seeds valid for a shipment effected during
                                                              the month in which the seeds were placed under
                                                              control at an oil mill, those prices being determined
Whereas Article 6 ( 1 ) of Regulation No 11 5/67/EEC          in accordance with Articles 1 , 4 and 5 of Regulation
provides that, when the world market price of a type
                                                              (') OJ No L 222, 2. 10. 1971 , p. 2.
of seed is being determined, the price used should be         (2) OJ No L 282, p. 12. 1971 , p. 18 .
adjusted by an amount not exceeding the margin                (3) OJ No L 133, 10 . 6. 1972, p. 1 .
between                                                       (4) OJ No L 154, 14. 6. 1975, p. 69.
 ---pagebreak--- 1 . 7. 75                         Official Journal of the European Communities                       No L 168 /35
1 15/67/EEC ; whereas, if no offer and no price can be          of these currencies recorded for a given period, in
used for such determination, the method of calcula­             relation to the Community currencies referred to
tion provided for in Article 38 of Regulation (EEC)             in the previous subparagraph ;
No 1204/72 should be used ; whereas the abovemen­
tioned difference may be adjusted pursuant to Article       Whereas it follows from applying all these provisions
39 of Regulation (EEC) No 1204/72, account being            to the offers and quotations known to the Commis­
taken of prices for soya seeds on the world market ;        sion that the subsidy on colza, rape and sunflower
                                                            seeds should be fixed as shown in the table annexed
Whereas the subsidy should be fixed whenever the            to this Regulation,
market situation makes it necessary and in such a way
as to ensure its being applied at least once a week ;
whereas the subsidy may be altered whenever it              HAS ADOPTED THIS REGULATION :
becomes obvious that such alteration is necessary ;
Whereas, if the subsidy system is to operate normally,                             Article 1
subsidies should be calculated on the following basis :
                                                            The amount of the subsidy referred to in Article 27 of
— in the case of currencies which are maintained in         Regulation No 136/66/ EEC is hereby fixed as shown
    relation to each other, at any given moment,            in the table annexed to this Regulation .
    within a band of 2-25 % , a rate of exchange based
    on their effective parity ;                                                    Article 2
— for other currencies an exchange rate based on the
    arithmetic mean of the spot market rates of each        This Regulation shall enter into force on 1 July 1975.
             This Regulation shall be binding in its entirety and directly applicable in all Member
             States .
             Done at Brussels, 30 June 1975.                                    .         •
                                                                      For the Commission
                                                                        P.J. LARDINOIS
                                                                 Member of the Commission
 ---pagebreak--- No L 168 /36                     Official Journal of the European Communities                           1 . 7. 75
                                                     ANNEX
           to the Commission Regulation of 30 June 1975 fixing the amount of the subsidy on oil
                                                       seeds
           Subsidy applicable from 1 July 1975 to colza and rape seeds (CCT heading No ex 12.01 ) and
                               sunflower seeds (CCT heading No ex 12.01 ) (u.a./ 100 kg)
                                                                Colza and rape seed      Sunflower seed
           Subsidy                                                      6-572                 4-870
           Subsidy in the case of advance fixing :
           — for the month of July 1975                                 6-572                 4-870
           — for the month of August 1975                               6-644                 5-023
           — for the month of September 1975                            7-377                 6-449
           — for the month of October 1975                              7-749                 6-602
           — for the month of November 1975                             8-121
           — for the month of December 1975                             8-421