CELEX: 31973R1360
Language: en
Date: 1973-05-15 00:00:00
Title: Regulation (EEC) No 1360/73 of the Council of 15 May 1973 fixing the target prices and basic intervention prices for oil seeds for the 1973/74 marketing year

28.5.73                                   Official Journal of the European Communities                          No L 141 / 33
                                     REGULATION (EEC) No 1360/73 OF THE COUNCIL
                                                           of 15 May 1973
                   fixing the target prices and basic intervention prices for oil seeds for the 1973 /74
                                                           marketing year
 THE COUNCIL OF THE EUROPEAN COMMUNITIES ,                            accordingly desirable that they should also be used
                                                                      for the following marketing year ;
Having      regard to the Treaty establishing the
European Economic Community, and in particular                        Whereas it is desirable to allow for a stage in
Article 43 thereof;                                                   anticipation of a return to market unity, once the rule
                                                                      on maintaining at any given moment a maximum
                                                                      spread between Member State currencies of 2-25 %
Having regard to Council Regulation No                                for spot transactions is applied by all Member States ;
136/66/EEC ( J ) of 22 September 1966 on the                          whereas this purpose is served by a 1 % price
establishment of a common organization of the                         increase which is not reflected in price-levels
 market in oils and fats, as last amended by the Act (2 )             expressed in terms of the national currencies of
concerning the Conditions of Accession and the                        Member States whose currencies have increased in
Adjustments to the Treaties, and in particular the                    value in relation to the conversion rate used under
third subparagraph of Article 22 ( 1 ) thereof;                       the Common Agricultural Policy ;
Having regard to the proposal from the Commission ;
                                                                      HAS ADOPTED THIS REGULATION :
Having regard to the Opinion of the European
Parliament;                                                                                    Article 1
Whereas, when the target prices and basic                             For the 1973 /74 marketing year, the target prices and
intervention prices for oil seeds are fixed, account                  basic intervention prices for oil seeds shall be as
should be taken of the objectives of the Common                       follows :
Agricultural Policy and of the contribution which the
                                                                                                                    u.a. / lOO kg
Community desires to make to the harmonious                           ( a) colza and rape seeds :
development of world trade ; whereas the objectives
of the Common Agricultural Policy are in particular                         — target price :                           21-06
to ensure a fair standard of living for the agricultural
community, to ensure that supplies are available and                        — basic intervention price :               20-45
that they reach consumers at reasonable prices ;
                                                                      ( b ) sunflower seeds :
Whereas application of these criteria entails fixing the                    — target price :                          21-26
target price and basic intervention price for colza and                     — basic intervention price :              20-65
rape seed and for sunflower seed at a higher level than
that adopted for the preceding marketing year;
                                                                      The basic intervention prices are valid in Genoa .
Whereas the prices of oil seeds must be fixed for
determined standard qualities ; whereas the latter                                            Article 2
should be laid down in relation to the average
qualities of the seeds harvested in the Community;
                                                                     The prices referred to in Article 1 relate to seeds in
whereas the qualities laid down for the 1972/73
marketing year meet these requirements ; whereas it is                bulk of sound , fair and marketable quality :
                                                                     ( a) with an impurity content of 2 % and, for seeds as
                                                                            such, a humidity and oil content of 10 % and
( J ) OJ No 172 , 30 . 9 . 1966, p . 3025/66 .                              42 % respectively in the case of colza and rape
(-) OJ No L 73 , 27. 3 . 1972 , p . 14 .                                    seeds ;
 ---pagebreak---  No L 141 /34                      Official Journal of the European Communities                             28 . 5 . 73
( b) with an impurity content of 2 % and, for seeds as        subparagraph ; however, if the marketing year begins
     such, a humidity and oil content of 10 % and             after that date, the increase shall take effect at the
     40 % respectively in the case of sunflower seeds­        beginning of that marketing year.
                         Article 3                            2. This increase shall not be reflected in price
                                                              levels expressed in terms of national currencies of
                                                              Member States whose currencies have increased in
1 . Prices shall be increased by 1 % when all                 value in relation to the conversion rate used under
Member States maintain at any given moment a                  the Common Agricultural Policy.
maximum spread of 2-25 % between their currencies.
This provision shall be applicable as from the                3 . The Council, acting on a proposal from the
1973/74 marketing year; the increase shall take effect        Commission in accordance with the voting procedure
on the first day of the month following the date              laid down in Article 43 (2) of the Treaty shall adopt
determined      in     accordance    with    the   first      the methods of implementation of this Article.
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States .
              Done at Brussels, 15 May 1973 .
                                                                                For the Council
                                                                                 The President
                                                                                  A. LAVENS
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