CELEX: 31973R1898
Language: en
Date: 1973-07-14
Title: Regulation (EEC) No 1898/73 of the Commission of 13 July 1973 fixing the amount of the subsidy on oil seeds

No L 193 /26                              Official Journal of the European Communities                                  14. 7. 73
                                  REGULATION (EEC) No 1898/73 OF THE COMMISSION
                                                             of 13 July 1973
                                               fixing the amount of the subsidy on oil seeds
THE COMMISSION OF THE EUROPEAN                                           account should be taken of all offers on the world
COMMUNITIES,                                                             market known to the Commission and of quotations
                                                                         on those exchanges which are significant for inter­
Having regard to the Treaty establishing the Euro­                       national trade ; whereas Article 2 of Commission
pean Economic Community ;                                                Regulation No 225/67/EEC (6) of 28 June 1967 on
                                                                         detailed rules for determining the world market price
Having regard to Council Regulation No 136/66/                           for oil seeds, as last amended by the Act annexed
EEC (*) of 22 September 1966 on the establishment                        to the Treaty on the Accession of new Member States
of a common organization of the market in oils and                       to the European Economic Comunity and the
fats, as last amended by the Act (2 ) annexed to the                     European Atomic Energy Community, signed at
Treaty (3) on the Accession of new Member States to                      Brussels on 22 January 1972, provides that offers and
the European Economic Community and the Euro­                            quotations which do not relate to shipments to be
pean Atomic Energy Community, signed at Brussels                         effected within 30 days following the date on which
on 22 January 1972, and in particular Article 27 (4)                     the world market price is determined should be disre­
thereof ;                                                                garded ; whereas offers and quotations which the
                                                                         Commission believes, in view of general price move­
 Having regard to the Opinion of the Monetary                            ments or information available to it, not to be repre­
 Committee ;                                                             sentative of the real trend of the market must also
                                                                         be disregarded ; whereas offers and quotations relat­
 Whereas Article 27 of Regulation No 136/66/EEC
                                                                         ing to quantities of less than 500 metric tons and of­
provides that a subsidy should be granted in respect
                                                                         fers relating to seed of a quality other than that nor­
of oil seeds harvested and processed within the Com­
                                                                         mally acceptable on the world market must also be
 munity when the target price for a species of seed is                   disregarded ;
 higher than the price on the world market ; whereas
 these provisions apply only in respect of colza, rape
 and sunflower seeds ;                                                    Whereas Article 3 of Regulation No 225/67/EEC pro­
                                                                          vides that of the offers and quotations taken into
 Whereas the subsidy on oil seeds should, theoreti­                       consideration, those for delivery c and f should be
 cally, be equal to the difference between those two                      increased by 0*2 °/o ; whereas offers and quotations
 prices ;                                                                 for delivery fas, fob or otherwise should be in­
                                                                          creased, as appropriate, by loading, transport and
 Whereas the target price for each species of seed was                    insurance costs from the point of shipment or load­
 fixed by Council Regulation (EEC) No 1360/73 (4)                         ing to the frontier crossing point ; whereas cif offers
  of 15 May 1973 fixing target and basic intervention                     and quotations for frontier crossing points other '
  prices for oil seeds for the 1973 /74 marketing year ;                  than Rotterdam should be adjusted to allow for the
                                                                          difference in transport costs as compared with a pro­
  Whereas Article 29 of Regulation No 136/66/EEC                          duct delivered cif Rotterdam ; whereas the Commis­
  provides that the world market price, calculated for                    sion should take account only of the loading, trans­
  a Community frontier crossing point, is to be deter­                    port and insurance costs which to its knowledge are
  mined on the basis of the most favourable purchas­                       the lowest ; whereas, finally, offers and quotations
  ing opportunities, quotations being adjusted where                       for delivery cif Rotterdam should be increased by
  necessary to take account of quotations for compet­                     0-20 unit of account ;
  ing products ;
  Whereas Article 4 of Council Regulation No 115/67/                       Whereas Article 5 of Regulation No 115/67/EEC pro­
  EEC (5) of 6 June 1967 laying down criteria for de­                      vides that the world market price should be deter­
  termining world market prices for oil seeds and fix­                      mined for seed of the standard quality for which the
  ing the frontier crossing point, fixed at Rotterdam ;                    target price has been fixed, delivered in bulk ;
  Whereas Article 1 of that Regulation provides that                       Whereas Article 3 of Regulation No 225/67/EEC pro­
  when the world market price is being determined                          vides that offers and quotations relating to products
                                                                           presented otherwise than in bulk should be ad­
   (*) OJ No  172, 30. 9 . 1966, p. 3025/66.                               justed by deducting the additional value resulting
   (*) OJ No  L 73, 27. 3 . 1972, p. 14.
   («) OJ No  L 73, 27. 3. 1972, p. 5.
   (*) OJ No   L 141 , 28 . 5 . 1973 , p. 33 .
   (*) OJ No   111 , 10. 6. 1967, p. 2196/67.                               («) OJ No 136, 30. 6 . 1967, p . 2919/67.
 ---pagebreak---    14. 7. 73                        Official Journal of the European Communities                            No L 193 /27
  from that presentation ; whereas offers and quota­                of oil and oil cake resulting from the processing
 tions relating to a quality other than the standard                of the type of seed in question, and
  quality for which the target price was fixed should
 be adjusted on the basis of the coefficients of equi­         — the difference between the price of 100 kg of one
 valence shown in the Annex to that Regulation ;                    or more other seeds, plus processing costs, and
 whereas, in the case of offers on the world market                 the total of the prices of the quantities of oil and
 for qualities of colza and rape seed other than those              oil cake resulting from the processing of these
 listed in that Annex, coefficients of equivalence de­             seeds ;
 rived from those listed in that Annex may, pursuant
 to Article 4 of Regulation No 225/67/EEC, be ap­              Whereas the factors to be taken into consideration
 plied ; whereas, when derived coefficients are being          for the purpose of determining that margin are de­
 calculated, account must be taken of the differences          fined in Article 8 of Regulation No 225/67/EEC ;
 between prices for the qualities of seed in question          whereas no adjustment should be made where the
 and prices for the qualities listed in that Annex, and        margin is found to be less than 0-50 unit of ac­
 of the characteristics of these various seeds ;               count; whereas Article 6 (2) of Regulation No 115/
                                                               67/EEC provides that, when the amount of the adjust­
                                                               ment is being determined, account should be taken
 Whereas Article 2 of Regulation No 115/67/EEC pro­            of the incidence of the margin in question on market­
 vides that, where no offer or quotation can be used           ing operations of Community traders and on the dis­
 as a basis for determining the world market price,           posal of the various types of seed on the world mar­
 that price should be determined on the basis of the          ket ;
 value of the average quantities of oil and oil cake
 resulting from the processing of 100 kg of seed              Whereas Council Regulation (EEC) No 2114/71 (l )
 within the Community less an amount correspond­              of 28 September 1971 on the subsidy for oil seeds,
 ing to the cost of processing these seeds into oil and       as amended by Regulation (EEC) No 2730/71 (*),
 oil cake ; whereas the quantities and costs to be            laid down rules for granting the subsidy on oil
 taken into consideration for the purposes of the cal­        seeds ; whereas under that Regulation, where Ac
 culation are fixed in Article 5 of Regulation No 225/        subsidy to be granted is fixed in advance, the
 67/EEC ; whereas the value of those quantities               amount of such subsidy must be equal to the
 should be determined in accordance with the provi­           amount applicable on the day on which the applica­
 sions of Article 6 of that Regulation ;                      tion for advance fixing was lodged, adjusted by the
                                                              difference between the target price valid on that day
                                                              and the target price valid on the day on which the
 Whereas Article 3 of Regulation No 115/67/EEC pro­           seeds are placed under control at an oil mill and,
 vides that, where no offer or quotation can be used          where appropriate, a corrective amount ; whereas
as a basis for determining the world market price             Article 36 of Commission Regulation (EEC) No
and where it is, moreover, impossible to establish            1204/72 (3) of 7 June 1972 laying down detailed
the value of the oil or oil cake processed from such          rules for the application of the subsidy system for
seed, the world market price should be determined             oil seeds, as last amended by Regulation (EEC) No
on the basis of the most recent known value for oil            1883/73 (4 ), provides that such adjustment should
or oil cake, adjusted to take account of the trend of         involve increasing or reducing the amount of subsidy
world prices for competing products by applying to            applicable on the day on which the application was
that value the rules set out in Article 2 of Regulation       lodged by the difference between the target price
 No 115/67/EEC ; whereas Article 7 of Regulation No           valid during the month during which the seeds were
225/67/EEC defines competing products as those                placed under control at an oil mill and the target
oils or oil cakes, as the case may be, which appear           price valid on the day on which the application was
to have been offered in the largest quantities on the         lodged ;
world market during the period under considera­
tion ;
                                                              Whereas Article 38 of Regulation (EEC) No 1204/72
                                                              provides that the corrective amount must be equal
                                                              to the difference between the world market price for
Whereas Article 6 ( 1 ) of Regulation No 115/67/EEC           colza, rape and sunflower seeds and the forward
provides that, when the world market price of a              price for those seeds valid for a shipment effected
type of seed is being determined, the price used             during the month in which the seeds were placed
should be adjusted by an amount not exceeding the             under control at an oil mill, those prices being deter­
margin between :                                              mined in accordance with Articles 1 , 4 and 5 of Reg­
— the difference between the price of 100 kg of               (*)' OJ No L 222, 2. 10. 1971 , p. 2.
     colza, rape or sunflower seeds, plus processing          (2> OJ No L 282, 23 . 12. 1971 , p. 18.
                                                              (3) OJ No L 133 , 10. 6. 1972, p. 1 .
     costs, and the total of the prices of the quantities     (4) OJ No L 192 , 13 . 7. 1973 , p. 29 .
 ---pagebreak--- No L 193 /28                      Official Journal of the European Communities                            14. 7. 73
ulation 115/67/EEC ; whereas, if no offer and no             — for other currencies an exchange rate based on the
price can be used for such determination, the                    arithmetic mean of the spot market rates of each
method of calculation provided for in Article 38 of              of these currencies recorded for a given period, in
Regulation (EEC) No 1204/72 should be used j                     relation to the Community currencies referred to
whereas the abovementioned difference          may   be          in the previous subparagraph ;
adjusted pursuant to Article 39 of Regulation (EEC)
No 1204/72, account being taken of prices for soya
seeds on the world market ;                                  Whereas it follows from applying all these provi­
                                                             sions to the offers and quotations known to the
Whereas the subsidy should be fixed whenever the             Commission that the subsidy on colza, rape and sun­
market situation makes it necessary and in such a            flower seeds should be fixed as shown in the Table
way as to ensure its being applied at least once a           annexed to this Regulation ;
week ;
Whereas Article 34 of Regulation (EEC) No 1204/72
provides that the subsidy fixed previously should be         HAS ADOPTED THIS REGULATION :
retained if the variation in the factors used to calcu­
late it entails an increase or reduction in that sub­
sidy of less than 0 10 unit of account ; whereas the                                 Article 1
subsidy may be altered whenever it becomes obvious
that such alteration is necessary ;                           1 . The amount of the subsidy referred to in Article
                                                             27 of Regulation No 136/66/EEC is hereby fixed as
Whereas, if the subsidy system is to operate normally,       shown in the Table annexed to this Regulation .
subsidies should be calculated on the following basis :
— in the case of currencies which are maintained in                                  Article 2
    relation to each other, at any given moment,
    within a band of 2·25 °/o, a rate of exchange based      This Regulation shall enter into force on 16 July
    on their effective parity ;                              1973 .
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States.
              Done at Brussels, 13 July 1973 .
                                                                        For the Commission
                                                                         P.J. LARDINOIS
                                                                    Member of the Commission
 ---pagebreak--- 14. 7. 73                        Official Journal of the European Communities                           No L 193/29
                                                      ANNEX
          to the Commission Regulation of 13 July 1973 fixing the amount of the subsidy on oil seeds
          Subsidy applicable from 16 July 1973 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                                                         0                   0
          Subsidy in the case of advance fixing
          — for the month of July                                         0                   0
          — for the month of August                                       0                   0
          — for the month of September                                    0                   0
          — for the month of October                                      0                   0
           — for the month of November                                    0
          — for the month of December                                     0