CELEX: 31975R0018
Language: en
Date: 1975-01-04 00:00:00
Title: Regulation (EEC) No 18/75 of the Commission of 3 January 1975 determining the world market price for colza and rape seed

4 . 1 . 75                              Official Journal of the European Communities                           No L 2/ 11
                               REGULATION (EEC) No 18/75 OF THE COMMISSION
                                                      of 3 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 17/75(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
1 707/73 (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 1 973 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 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 6 January
2535/74 (7) of 4 October 1974 fixing the amount of                 1975 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
                States.
                Done at Brussels, 3 January 1975.
                                                                             For the Commission
                                                                               P.J. LARDINOIS
                                                                         Member of the Commission
0) OJ No 172, 30. 9. 1966, p. 3025/66.
(2) OJ No L 175, 29. 6. 1973, p. 5.
I3) 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  339,  18. 12. 1974, p. 16.
 7  OJ   No L  271 , 5. 10. 1974, p. 38 .                         (8) See page 9 of this Official Journal.
 ---pagebreak--- No L 2/ 12                               Official Journal of the European Communities                                                            4 . 1 . 75
                                                                        ANNEX
           World market price applicable from 6 January 1975 for colza and rape seed (CCT heading
                                                                     No ex 12.01 )
                                                                                                                                  u.aJ100 kg (')
           World        market price :                                                                                               32001
           World        market price where the subsidy is fixed in advance :
           — for        the month of January                                                                                         32.001
           — for        the month of February                                                                                        32.001
           — for the month of March                                                                                                  32.151
           — for the month of April                                                                                                  32.151
           — for the month of May                                                                                                    30.841
           — for the month of June                                                                                                   30.766
           (') 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         5.95174
               1  u.a.   »  Dkr        7.57831
               1  u.a .  -    £        0-567302
               1  u.a .  -  I£         0-567302
                1 u.a .  -  Lit      867.273