CELEX: 31974R0279
Language: en
Date: 1974-02-01 00:00:00
Title: Regulation (EEC) No 279/74 of the Commission of 31 January 1974 determining the world market price for colza and rape seed

1 . 2. 74                              Official Journal of the European Communities                         No L 28/69
                             REGULATION (EEC) No 279/74 OF THE COMMISSION
                                                      of 31 January 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 (2);                                                         arithmetic mean of the spot market rates of each
 Having regard to Council Regulation (EEC) No                         of these currencies recorded for a given period, in
                                                                      relation to the Community currencies referred to
 1569/72 (3) of 20 July 1972 laying down special
 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 :
 214/74 (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
 mined in accordance with the rules and the criteria                                     Article 2
 set out in Commission Regulation (EEC) No
 1898 /73 (7) of 13 July 1973 fixing the amount of the            This Regulation shall enter into force on 1 February
 subsidy on oil seeds ;                                            1974 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 31 January 1974.
                                                                            For the Commission
                                                                              P. J. LARDINOIS
                                                                        Member of the Commission
(>)  OJ No  172, 30. 9. 1966, p. 3025/66.
0    OJ No  L 175, 29. 6. 1973, p. 5.
(J)  OJ No  L 167, 25. 7. 1972, p. 9.
(«)  OJ No  L 357, 28 . 12. 1973, p. 6.
(»)  OJ No  L 236, 24. 8 . 1973, p. 28 .
(*)  OJ No  L 22, 26. 1 . 1974, p. 53 .
P) OJ No L 193, 14 . 7 . 1973 , p. 26 .
 ---pagebreak--- No L 28 /70                            Official Journal of the European Communities                                       1 . 2 . 74
                                                                ANNEX
            World market price applicable from 1 February 1974 for colza and rape seed (CCT heading
                                                             No ex 12.01 )
                                                                                                         u.a. /100 kg (')
            World market price :                                                                           33-380
            World market price where the subsidy is fixed in advance :
            — for the month of February                                                                    33-380
            — for the month of March                                                                       33-380
            —    for the   month  of April                                                                 29-474
            —    for the   month  of May                                                                   29-474
            —    for the   month  of June                                                                  29-030
            —    for the   month  of July                                                                  28-853
            (') 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 . =   F1        3-35507
                1  u.a . =   Bfr/Lfr  48-6572
                1  u.a . =   FF        5-84426
                1  u.a . =   Dkr       7-57831
                1  u.a . =   £          0-516689
                1  u.a . =   Lit     731-363