CELEX: 31975R2652
Language: en
Date: 1975-10-18
Title: Regulation (EEC) No 2652/75 of the Commission of 17 October 1975 determining the world market price for colza and rape seed

18 . 10 . 75                             Official Journal of the European Communities                         No L 269 /41
                             REGULATION ( EEC) No 2652/75 OF THE COMMISSION
                                                       of 17 October 1975
                            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
1 707/73 (2) ;                                                          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                            relation to the Community currencies referred to
1 569/72 (3) of 20 July 1972 laying down special                        in the previous subparagraph ;
measures for colza and rape seed, as last amended by
Regulation (EEC) No 3477/73 (4) ;                                   Whereas, applying all these provisions, the world
                                                                    market price for colza and rape seed should be fixed
Having regard to Commission Regulation (EEC) No                     as shown in the table annexed to this Regulation,
2300/73 (5) of 23 August 1973 laying down detailed
rules for applying differential amounts for colza and
rape seed and repealing Regulation (EEC) No
                                                                    HAS ADOPTED THIS REGULATION :
1464/73 , as last amended by Regulation (EEC) No
632/75 (6), and in particular Article 9 (4) thereof ;
                                                                                            Article 1
Having regard to the Opinion of the Monetary
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
2651 /75 (7) of 17 October 1975 fixing the amount of                This Regulation shall enter into force on 20 October
the subsidy on oil seeds ;                                          1975 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 17 October 1975 .
                                                                               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 .
(3 ) 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 66, 13 . 3 . 1975, p . 11 .
( 7) Sec page 37 of this Official Journal .
 ---pagebreak--- No L 269 /42                              Official Journal of the European Communities                                                              18 . 10 . 75
                                                                        ANNEX
           World market price applicable from 20 October 1975 for colza and rape seed ( CCT
                                                              heading No ex 12.01 )
                                                                                                                                    u. aJ100 ki>(1)
           World market price                                                                                                           20-653
           World market price where the subsidy is fixed in advance :
           — for the month of October 1975                                                                                              20-653
           — for the month of November 1975                                                                                             20-893
           — for the month of December 1975                                                                                             21-132
           — for the month of January 1976                                                                                              21-372
           — for the month of February 1976                                                                                             21-612
           — for the month of March 1976                                                                                                21-852
           (') 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         5-55419
                1 u.a . =   Dkr        7-57828
                1 u.a . =      £       0-60576
                1 u.a . «•  [ £        0-60576
                1 u.a . —   Lit      843-505