CELEX: 31974R2874
Language: en
Date: 1974-11-16 00:00:00
Title: Regulation (EEC) No 2874/74 of the Commission of 15 November 1974 determining the world market price for colza and rape seed

16. 11 . 74                             Official Journal of the European Communities                         No L 306/ 19
                             REGULATION (EEC) No 2874/74 OF THE COMMISSION
                                                     of 15 November 1974
                            determining the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                      the subsidy on oil seeds, as last amended by Regula­
COMMUNITIES,                                                        tion (EEC) No 2873/74 (») ;
Having regard to the Treaty establishing the European              Whereas to enable the price system to operate
Economic Community ;                                                normally, the world market price should be calculated
                                                                   on the following basis ':
 Having regard to Council Regulation No 136/
                                                                   — in the case of currencies which are maintained in
66/EEC ( 1 ) of 22 September 1966 on the establish­
ment of a common organization of the markets in oils                    relation to each other, at any given moment,
and fats, as last amended by Regulation (EEC) No                        within a band of 2*25 % , a rate of exchange based
 1707/73 (2);                                                           on their effective parity ;
                                                                   — for other currencies an exchange rate based on the
Having regard to Council Regulation (EEC) No                            arithmetic mean of the spot market rates of each
 1 569/72 (3) of 20 July 1972 laying down special                       of these currencies recorded for a given period, in
measures for colza and rape seed, as last amended by                    relation to the Community currencies referred to
Regulation (EEC) No 3477/73 (4) ;                                       in the previous subparagraph ;
Having regard to Commission Regulation (EEC) No                    Whereas, applying all these provisions, the world
2300/73 (5) of 23 August 1973 laying down detailed                  market price for colza and rape seed should be fixed
rules for applying differential amounts for colza and              as shown in the Table annexed to this Regulation,
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                                             Article 2
mined in accordance with the rules and the criteria
set out in Commission Regulation (EEC) No                          This Regulation shall enter into force on             18
2535/74 (7) of 4 October 1974 fixing the amount of                  November 1974 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 15 November 1974.
                                                                              For the Commission
                                                                                P.J. LARDINOIS
                                                                          Member of the Commission
(•) OJ  No  172, 30 . 9 . 1966, p. 3025/66 .
(2) OJ  No  L 17.5, 29 . 6. 1973, p. 5.
(J) OJ  No  L 167, 25 . 7 . 1972, p. 9 .
(<) 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.
o   OJ  No  L 271 , 5. 10. 1974, p. 38.                            (s) See page 17 of this Official Journal.
 ---pagebreak--- No L 306/20                            Official Journal of the European Communities                                           16. 11 . 74
                                                                ANNEX
            World market price applicable from 18 November 1974 for colza and rape seed (CCT heading
                                                             No ex 12.01 )
                                                                                                         u . a . 1 100 kg {'}
            World market price :                                                                             36-397
            World market price where the subsidy is fixed in advance :
            — for the month of November 1974                                                                 36-397
            — for the month of December 1974                                                                36-397
            — for the month of January 1975                                                                  36-476
            — for the month of February 1975                                                                 36-476
            — for the month of March 1975                                                                    36-790
            — for the month of April 1975                                                                    36-790
            (') The conversion Fates from units of account into national currency as foreseen by Article 9 (J) (a) W
                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        5-95869
                1  u.a .     Dkr       7-57831
                1  u.a .        £      0-543487
                1  u.a . ■=  1 £       0-543487
                t u . a. —   Lit     843-10