CELEX: 31974R1375
Language: en
Date: 1974-06-01 00:00:00
Title: Regulation (EEC) No 1375/74 of the Commission of 31 May 1974 determining the world market price for colza and rape seed

No L 147/70                                Official Journal of the European Communities                              1 . 6 . 74
                                REGULATION ( EEC) No 1375/74 OF THE COMMISSION
                                                            of 31 May 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
 1707/73 0 ;                                                               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 (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 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 ;
 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
 set out in Commission Regulation (EEC) No                                                    Article 2
 81 9/74 (7) of 5 April 1974 fixing the amount of the
 subsidy on oil seeds ;                                               This Regulation shall enter into force on 1 June 1974.
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States .
                 Done at Brussels, 31 May 1974.
                                                                                  For the Commission
                                                                                    P.J. LARDINOIS
                                                                             Member of the Commission
(') OJ  No    172, 30 . 9 . 1966, p. 3025/ 66 .
(-) OJ  No    L 175, 29 . 6 . 1973 , p. 5 .
(J) OJ  No    L 167, 25 . 7 . 1972, p. 9 .
(4) OJ  No    L 357, 28 . 12 . 1973 , p. 6 .
(s) OJ  No    L 236, 24. 8 . 1973 , p. 28 .
(«) OJ  No    L 51 , 23 . 2 . 1974, p. 30 .
(7) OJ  No    L 96, 6 . 4 . 1974, p. 24 .
 ---pagebreak--- 1 . 6. 74                              Official Journal of the European Communities                                      No L 147/71
                                                               ANNEX
          World market price applicable from 1 June 1974 for colza and rape seed (CCT heading
                                                             No ex 12.01 )
                                                                                                        u.a. /100 k* (')
          World market price :                                                                           28-324
          World market price where the subsidy is fixed in advance :
          — for the month of June                                                                        28-324
          — for the month of July                                                                        28-472
          — for the month of August                                                                      27-808
          — for the month of September                                                                   26-385
          — for the month of October                                                                     25-713
          — for the month of November                                                                    25-328
          (! ) 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        6-29814
               1  u . a. —  Dkr       7-57831
               1  u . a. «■ £         0-537710
               t u.a .   —  Lit     818-820