CELEX: 31975R1160
Language: en
Date: 1975-05-03 00:00:00
Title: Regulation (EEC) No 1160/75 of the Commission of 30 April 1975 determining the world market price for colza and rape seed

3 . 5 . 75                                  Official Journal of the European Communities                             No L 114/ 19
                               REGULATION ( EEC) No 1160/75 OF THE COMMISSION
                                                           of 30 April 1975
                              determining the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                        subsidy on oil seeds, as last amended by Regulation
COMMUNITIES,                                                          (EEC) No 1 135/75 (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/
66/ EEC (') of 22 September 1966 on the establish­                    — in the case of currencies which are maintained in
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 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
632/75 (6), and in particular Article 9 (4) thereof ;                  HAS ADOPTED THIS REGULATION :
Having regard to the Opinion of the Monetary
Committee ;                                                                                            Article 1
Whereas, pursuant to Article 9 (4) of Regulation ( EEC)               The world market price referred to in Article 9 (4) of
No 2300 / 73 , the Commission must determine the                       Regulation ( EEC) No 2300 /73 and the rates to be used
world market price for colza and rape seed ;                           for converting them into national currencies shall be
                                                                      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
797/75 (7) of 26 March 1 975 fixing the amount of the                 This Regulation shall enter into force on 5 May 1975 .
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels, 30 April 1975 .
                                                                                   For the Com miss ion
                                                                                     P.J. LARDINOIS
                                                                               Meniber of the Commission
(')  OJ  No  172, 30 . 9 . 1966 , p . 3025 / 66 .
  ') OJ  No  L 175 , 29 . 6 . 1973 , p. 5 .
  >) 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 66, 13 . 3 . 1975 , p. 1 1 .
 7)  OJ  No  L 78 , 27 . 3 . 1975 , p. 43 .                           ( s ) OJ No L 1 I 2, - 1 . 5 . 1 975, p . 37 .
 ---pagebreak--- No L 114/ 20                              Official Journal of the European Communities                                                            3 . 5 . 75
                                                                        ANNEX
           World market price applicable from 5 May 1975 for colza and rape seed (CCT heading No
                                                                        ex 12.01 )
                                                                                                                                   u.a/100 kv (•)
           World        market price :                                                                                                21-796
           World        market price where the subsidy is fixed in advance :
           — for        the month of May 1975                                                                                         21-796
           — for        the month of June 1975                                                                                        21-577
           — for        the month of July 1975                                                                                        21-431
           — for        the month of August 1975                                                                                      21-285
           — for        the month of September 1975                                                                                   21-285
           — for the month of October 1975                                                                                            21-139
           (') 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         5-71661
                1 u.a .  =  Dkr        7-57831
                1 u.a .  =     £       0-580693
                1 u.a .  =  1 £        0-580693
                1 u.a . =   Lit      876-079