CELEX: 31974R0871
Language: en
Date: 1974-04-11 00:00:00
Title: Regulation (EEC) No 871/74 of the Commission of 10 April 1974 determining the world market price for colza and rape seed

No L 101 /40                                Official Journal of the European Communities                             11 . 4 . 74
                                  REGULATION ( EEC) No 871 / 74 OF THE COMMISSION
                                                           of 10 April 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
1 707 /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
1 569 /72 ( 3 ) of 20 July 1972 laying down special                        relation to the Community currencies referred to
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 ( s ) 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 :
456/ 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
 1 898 / 73 ( 7) of 13 July 1973 fixing the amount of the              This Regulation shall enter into force on 1 5 April
subsidy on oil seeds ;                                                  1974 .
                  This Regulation shall be binding in its entirety and directly applicable in all Member
                  States .
                   Done at Brussels, 10 April 1974.
                                                                                  I n r the Com m issio n
                                                                                     P. J. LARDINOIS
                                                                               Member of the Commission
 (>)  O ) No    172 , 30 . 9 . 1966, p. 3025/ 66 .
  J)  oI  No    L 175 , 29 . 6 . 1973 , p. 5 .
  ')  o)  No    L 167 , 25 . 7 . 1972, p. 9 .
  4)  o}  No    L 357 , 28 . 12 . 1973 , p. 6 .
  5)  oI  No    L 236 , 24 . 8 . 1973 , p. 28 .
  «>) O ) No    L 51 , 23 . 2 . 1974, p. 30 .
   ') O I No    L 193 , 14 . 7 . 1973 , p. 26 .
 ---pagebreak--- 11 . 4 . 74                              Official Journal of the European Communities                                      No L 101 /41
                                                                 ANNEX
            World market price applicable from 15 April 1974 for colza and rape seed (CCT heading
                                                              No ex 12.01 )
                                                                                                         u.a . 1100 kg (')
            World market price :                                                                           23.927
            World market price where the subsidy is fixed in advance :
            — for the month of April                                                                       23.927
            — for the month of May                                                                         23.927
            — for the month of June                                                                        23.607
            — for the month of July                                                                       23.207
            — for the month of August                                                                      23.007
            — for the month of September                                                                   23.047
            (') The conversion rates from units of account into national currency as foreseen by Article 9 (5) («) 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        6.04730
                1 u.a . =     Dkr       7.57831
                1 u.a . =     £         0.525422
                1 u.a . =     Lit     790.839