CELEX: 31975R1232
Language: en
Date: 1975-05-15 00:00:00
Title: Regulation (EEC) No 1232/75 of the Commission of 14 May 1975 determining the world market price for colza and rape seed

No L 123 / 24                               Official Journal of the European Communities                               15 . 5 . 75
                               REGULATION ( EEC) No 1232/75 OF THE COMMISSION
                                                            of 14 May 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 1231 /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 (') 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 :
632/75 (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 15 May
797/75 ( 7) of 26 March 1975 fixing the amount of the                  1975 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 14 May 1975 .
                                                                                    For the Commission
                                                                                      P.J. LARDINOIS
                                                                               Member of the Commission
  ')  OJ No 172, 30 . 9 . 1966, p . 3025/66 .
 -7 ) 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 66, 1 3 . 3 . 1 975, p. 1 1 .
 7)   OJ No L 78 , 27 . 3 . 1975 , p . 43 .                            (8 ) See page 22 of this Official Journal .
 ---pagebreak--- 15 . 5 . 75                                Official Journal of the European Communities                                                            No L 123 / 25
                                                                         ANNEX
            World market price applicable from 15 May 1975 for colza and rape seed (CCT heading
                                                                      No ex 12.01 )
                                                                                                                                    u.a/100 kK (!)
            World        market price :                                                                                                19-897
            World        market price where the subsidy is fixed in advance :
            — for        the month of May 1975                                                                                         19-897
            — for        the month of June 1975                                                                                        19-897
            — for        the month of July 1975                                                                                        19-897
            — for        the month of August 1975                                                                                      1 9-753
            — for        the month of September 1975                                                                                   1 9-753
            — for the month of October 1975                                                                                            1 9-464
            (') 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 .  =    £        0-586562
                1  u.a .  =  I £        0-586562
                 I u.a .  =  Lit      876-079