CELEX: 31973R2851
Language: en
Date: 1973-10-20 00:00:00
Title: Regulation (EEC) No 2851/73 of the Commission of 19 October 1973 determining the world market price for colza and rape seed

20 . 10 . 73                                 Official Journal of the European Communities                        No L 293/ 15
                                 REGULATION (EEC) No 2851 /73 OF THE COMMISSION
                                                            of 19 October 1973
                                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
 1707/73 (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 1 356/73 (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 (5) 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 amended by Regulation (EEC) No                             HAS ADOPTED THIS REGULATION :
 2588/73 (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
 1898/73 (7) of 13 July 1973 fixing the amount of the                   This Regulation shall enter into force on 22 October
 subsidy on oil seeds ;                                                  1973 .
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels, 19 October 1973 .
                                                                                  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 141 , 28 .   5 . 1973 , p. 28 .
(5 ) OJ No   L 236 , 24 .   8 . 1973 , p. 28 .
(6)  OJ No   L 268 , 25 .   9 . 1973 , p. 10 .
(7)  OJ No   L 193 , 14 .   7 . 1973 , p. 28 .
 ---pagebreak--- No L 293 / 16                            Official Journal of the European Communities                                      20. 10 . 73
                                                                  ANNEX
              World market price applicable from 22 October 1973 for colza and rape seed (CCT ex 12.01 )
                                                                                                          u.a. /100 kg (')
              World market price :                                                                           19.522
              World market price where the subsidy is fixed in advance :
              — for the month of October 1973 :                                                              19.522
              — for the month of November 1973 :                                                             19.522
              — for the month of December 1973 :                                                            20.876
              — for the month of January 1974 :                                                              20.876
              — for the month of February 1974 :                                                             20.876
              — for the month of March 1974 :                                                               20.876
              (') The conversion rates from units of account into national currency as foreseen by Article 9 (J) (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       5.55419
                  1.u.a . -    Dkr       7.57831
                  1 u.a . -     £        0.550913
                  1 u.a . =     Lit    750.644