CELEX: 31975R0254
Language: en
Date: 1975-02-01 00:00:00
Title: Regulation (EEC) No 254/75 of the Commission of 31 January 1975 determining the world market price for colza and rape seed

No L 27/30                             Official Journal of the European Communities                              1 . 2 . 75
                              REGULATION (EEC) No 254/75 OF THE COMMISSION
                                                     of 31 January 1975
                            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 253/75 (8) ;
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 :
3182/74 (6), and in particular Article 9(4) thereof ;
Having regard to the Opinion of the Monetary                                              Article /
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 1 February
2535/74 (7) of 4 October 1974 fixing the amount of                1 975 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 31 January 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 .
(6) OJ  No  L 339, 18 . 12. 1974, p. 16.
(7) OJ  No  L 271 , 5. 10. 1974, p. 38 .                         (8) See page 28 of this Official Journal .
 ---pagebreak--- 1 . 2. 75                                Official Journal of the European Communities                                                              No L 27/31
                                                                       ANNEX
          World market price applicable from 1 February 1975 for colza and rape seed (CCT heading
                                                                    No ex 12.01 )
                                                                                                                                  u.a. /100 kg (')
          World market price :                                                                                                       25-350
          World market price where the subsidy is fixed in advance :
          — for the month of February                                                                                                25-350
          — for the month of March                                                                                                   25-350
          —     for    the month    of  April                                                                                        26-014
          —     for    the month    of  May                                                                                          26-014
          —     for    the month    of  June                                                                                         25-725
          —     for    the month     of July                                                                                         25-581
          (') 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         5-95174
              1  u.a .  —  Dkr        7-57831
              1  u.a .  —    £        0-581061
              1  u.a .  »  I£         0-581061
              1 u.a . —    Lit      877-185