CELEX: 31975R0955
Language: en
Date: 1975-04-12 00:00:00
Title: Regulation (EEC) No 955/75 of the Commission of 11 April 1975 determining the world market price for colza and rape seed

12 . 4 . 75                               Official Journal of the European Communities                          No L 91 /23
                               REGULATION ( EEC) No 955/75 OF THE COMMISSION
                                                          of 11 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 954/75 (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 14 April
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, 11 April 1975.
                                                                                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 .
(b)  OJ  No  L 66, 13 . 3 . 1975, p. 1 1 .
(7)  OJ  No  L 78 , 27. 3 . 1975, p. 43 .                            (8) See page 21 of this Official Journal .
 ---pagebreak--- No L 91 / 24                                Official Journal of the European Communities                                                           12. 4 . 75
                                                                          ANNEX
             World market price applicable from 14 April 1975 for colza and rape seed (CCT heading
                                                                       No ex 12.01 )
                                                                                                                                    u.aJ100 kg ('J
             World       market price :                                                                                                23.893
             World       market price where the subsidy is fixed in advance :
             — for      the month of April 1975                                                                                        23.893
             — for      the month of May 1975                                                                                          23.893
             — for      the month of June 1975                                                                                         23.893
             — for      the month of July 1975                                                                                         23.678
             — for      the month of August 1975                                                                                       23-390,
             — for       the month of September 1975                                                                                   23-390
             (') 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 :
                 I u.a . —    DM         3 21978
                 I u.a . —    F1         3-35507
                 1 u.a . —    Bfr/ Lfr  48-6572
                 I u.a . —    FF         5-87630
                 I u.a . —    Dkr        7-57831
                 I u.a . —      £        0-580693
                 1 u.a . —    1£         0-580693
                 1 u.a . —    Lit      876-079