CELEX: 31976R1274
Language: en
Date: 1976-06-01 00:00:00
Title: Commission Regulation (EEC) No 1274/76 of 31 May 1976 determining the world market price for colza and rape seed

1 . 6 . 76                                Official Journal of the European Communities                          No L 143/37
                                      COMMISSION REGULATION (EEC) No 1274/76
                                                           of 31 May 1976
                             determining the world market price (or colza and rape seed
THE COMMISSION OF THE EUROPEAN                                       oil seeds (7), as last amended by Regulation (EEC) No
 COMMUNITIES,                                                         1273/76 (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 establishment                    — in the case of currencies which are maintained in
 of a common organization of the markets in oils and                       relation to each other, at any given moment,
 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
 1569/72 of 20 July 1972 laying down special                               of these currencies recorded for a given period, in
 measures for colza and rape seed (3), as last amended                     relation to the Community currencies referred to
 by Regulation (EEC) No 3477/73 («),                                       in the previous subparagraph ;
 Having regard to Commission Regulation (EEC) No                     Whereas, applying all these provisions, the world
 2300/73 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 (5), 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 925/76
of 22 April 1976 fixing the amount of the subsidy on                 This Regulation shall enter into force on 1 June 1976.
               This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels, 31 May 1976.
                                                                                 For the Commission
                                                                                   P.J. LARDINOIS
                                                                             Member of the Commission
(')  OJ   No 172, 30 . 9 . 1966, p. 3025/66.
(2)  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 .                          ( 7) OJ No L 106, 23 . 4. 1976, p. 18 .
(6)  OJ   No L 66, 13 . 3 . 1975, p . 11 .                           (8) See page 35 of this Official Journal .
 ---pagebreak--- No L 143/38                               Official Journal of the European Communities                                                              1 . 6 . 76
                                                                       ANNEX
          World market price applicable from 1 June 1976 for colza and rape seed (CCT heading No
                                                                       ex 12.01
                                                                                                                                   u.a. /100 ke (')
          World market price                                                                                                          20 011
          World        market price where the subsidy is fixed in advance :
          —: for       the month of June 1976                                                                                         20 011
          — for        the month of July 1976                                                                                         20-193
          — for        the month of August 1976                                                                                       20-253
          — for        the month of September 1976                                                                                    20-253
          — for the month of October 1976                                                                                             20-374
                for the month of November 1976                                                                                        20-374
          (') 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 21 978
              I u.a . =    Fl          3-35507
              1 u.a . =    Bfr/ Lfr   48-6572
              1 u.a .   =  FF          5-86331
              1 u.a . =    Dkr         7-57828
              1 u.a . =      £         0-687347
              1 u.a .   »  I£          0-687347
              1  u.a .  =  Lit      1 042-20