CELEX: 31973R1743
Language: en
Date: 1973-06-30 00:00:00
Title: Regulation (EEC) No 1743/73 of the Commission of 29 June 1973 fixing the amount of the subsidy on oil seeds

No L 176/50                              Official Journal of the European Communities                               30 . 6. 73
                              REGULATION (EEC) No 1743/73 OF THE COMMISSION
                                                          of 29 June 1973
                                            fixing the amount of the subsidy on oil seeds
THE COMMISSION OF THE EUROPEAN                                        account should be taken of all offers on the world
 COMMUNITIES,                                                         market known to the Commission and of quotations
                                                                      on those exchanges which are significant for inter­
Having regard to the Treaty establishing the Euro­                    national! trade ; whereas Article 2 of Commission
pean Economic Community ;                                             Regulation No 225/67/EEC (6) of 28 June 1967 on
                                                                      detailed rules for determining the world market price
Having regard to Council Regulation No 1 36/66/                       for oil seeds, as last amended by the Act annexed
EEC (x) of 22 September 1966 on the establishment                     to the Treaty on the Accession of new Member States
of a common organization of the market in oils and                    to the European Economic Comunity and the
fats, as last amended by the Act (2) annexed to the                   European Atomic Energy Community, signed at
Treaty (3) on the Accession of new Member States to                   Brussels on 22 January 1972, provides that offers and
the European Economic Community and the Euro­                         quotations which do not relate to shipments to be
pean Atomic Energy Community, signed at Brussels                      effected within 30 days following the date on which
on 22 January 1972, and in particular Article 27 (4)                  the world market price is determined should be disre­
thereof ;                                                             garded ; whereas offers and quotations which the
                                                                      Commission believes, in view of general price move­
                                                                      ments or information available to it, not to be repre­
Whereas Article 27 of Regulation No 136/66/EEC                        sentative of the real trend of the market must also
provides that a subsidy should be granted in respect
of oil seeds harvested and processed within the Com­                  be disregarded ; whereas offers and quotations relat­
munity when the target price for a species of seed is
                                                                      ing to quantities of less than 500 metric tons and of­
higher than the price on the world market ; whereas                   fers relating to seed of a quality other than that nor­
these provisions apply only in respect of colza, rape                 mally acceptable on the world market must also be
and sunflower seeds ;                                                 disregarded ;
                                                                      Whereas Article 3 of Regulation No 225/67/EEC pro­
Whereas the subsidy on oil seeds should, theoreti­
                                                                      vides that of the offers and quotations taken into
cally, be equal to the difference between those two
                                                                      consideration, those for delivery c and f should be
prices ;
                                                                      increased by 0-2 °/o ; whereas offers and quotations
                                                                      for delivery fas, fob or otherwise should be in­
Whereas the target price for each species of seed was                 creased, as appropriate, by loading, transport and
fixed by Council Regulation (EEC) No 1360/73 (4)                      insurance costs from the point of shipment or load­
of 15 May 1973 fixing target and basic intervention                   ing to the frontier crossing point ; whereas cif offers
prices for oil seeds for the 1973 /74 marketing year ;                and quotations for frontier crossing points other
                                                                      than Rotterdam should be adjusted to allow for the
Whereas Article 29 of Regulation No 136/66/EEC                        difference in transport costs as compared with a pro­
provides that the world market price, calculated for                  duct delivered cif Rotterdam ; whereas the Commis­
a Community frontier crossing point, is to be deter­                  sion should take account only of the loading, trans­
mined on' the basis of the most favourable purchas­                   port and insurance costs which to its knowledge are
ing opportunities, quotations being adjusted where                    the lowest ; whereas, finally, offers and quotations
necessary to take account of quotations for compet­                   for delivery cif Rotterdam should be increased by
ing products ;                                                        0-20 unit of account ;
Whereas Article 4 of Council Regulation No 115/67/                    Whereas Article 5 of Regulation No 115/67/EEC pro­
EEC (5) of 6 June 1967 laying down criteria for de­                   vides that the world market price should be deter­
 termining world market prices for oil seeds and fix­                 mined for seed of the standard quality for which the
ing the frontier crossing point, fixed at Rotterdam ;                 target price has been fixed, delivered in bulk ;
 Whereas Article 1 of that Regulation provides that                   Whereas Article 3 of Regulation No 225/67/EEC pro­
 when the world market price is being determined                      vides that offers and quotations relating to products
                                                                      presented otherwise than in bulk should be ad­
 (») OJ No 172, 30. 9. 1966, p. 3025/66.
                                                                      justed by deducting the additional value resulting
 (2) OJ No L 73, 27. 3 . 1972, p. 14.
 (s) OJ No L 73 , 27. 3 . 1972, p. 5 .
 (4) OJ No L 141 , 28 . 5 . 1973 , p . 33 .
 (6) OJ No 111 , 10. 6. 1967, p. 2196/67.                             (6) OJ No 136, 30. 6. 1967, p. 2919/67.
 ---pagebreak---   30 . 6 . 73                       Official Journal of the European Communities                              No L 176/51
 from that presentation ; whereas offers and quota­                of oil and oil cake resulting from the processing
 tions relating to a quality other than the standard               of the type of seed in question, and
 quality for which the target price was fixed should
 be adjusted on the basis of the coefficients of equi­         — the difference between the price of 100 kg of one
 valence shown in the Annex to that Regulation ;                   or more other seeds, plus processing costs, and
 whereas, in the case of offers on the world market                the total of the prices of the quantities of oil and
 for qualities of colza and rape seed other than those             oil cake resulting from the processing of these
 listed in that Annex, coefficients of equivalence de­             seeds ;
 rived from those listed in that Annex may, pursuant
 to Article 4 of Regulation No 225/67/EEC, be ap­              Whereas the factors to be taken into consideration
 plied ; whereas, when derived coefficients are being          for the purpose of determining that margin are de­
 calculated, account must be taken of the differences          fined in Article 8 of Regulation No 225/67/EEC ;
 between prices for the qualities of seed in question          whereas no adjustment should be made where the
 and prices for the qualities listed in that Annex, and        margin is found to be less than 0-50 unit of ac­
 of the characteristics of these various seeds ;               count; whereas Article 6 (2) of Regulation No 115/
                                                               67/EEC provides that, when the amount of the adjust­
                                                              ment is being determined , account should be taken
 Whereas Article 2 of Regulation No 115/67/EEC pro­           of the incidence of the margin in question on market­
 vides that, where no offer or quotation can be used           ing operations of Community traders and on the dis­
 as a basis for determining the world market price,           posal of the various types of seed on the world mar­
that price should be determined on the basis of the           ket ;
value of the average quantities of oil and oil cake
resulting from the processing of 100 kg of seed               Whereas Council Regulation (EEC) No 2114/71 (*)
within the Community less an amount correspond­               of 28 September 1971 on the subsidy for oil seeds,
ing to the cost of processing these seeds into oil and        as amended by Regulation (EEC) No 2730/71 (2),
oil cake ; whereas the quantities and costs to be             laid down rules for granting the subsidy on oil
taken into coqsideration for the purposes of the cal­         seeds ; whereas under that Regulation, where the
culation are fixed in Article 5 of Regulation No 225/         subsidy to be granted is fixed in advance, the
67/EEC ; whereas the value of those quantities                amount of such subsidy must be equal to the
should be determined in accordance with the provi­            amount applicable on the day on which the applica­
sions of Article 6 of that Regulation ;                       tion for advance fixing was lodged, adjusted by the
                                                              difference between the target price valid on that day
                                                              and the target price valid on the day on which the
Whereas Article 3 of Regulation No 115/67/EEC pro­            seeds are placed under control at an oil mill and,
vides that, where no offer or quotation can be used           where appropriate, a corrective amount ; whereas
as a basis for determining the world market price             Article 36 of Commission Regulation (EEC) No
and where it is, moreover, impossible to establish            1204/72 (3 ) of 7 June 1972 laying down detailed
the value of the oil or oil cake processed from such          rules for the application of the subsidy system for
seed, the world market price should be determined            oil seeds, as last amended by Regulation ( EEC) No
on the basis of the most recent known value for oil           1678 /73 ( 4 ), provides that such adjustment should
or oil cake, adjusted to take account of the trend of         involve increasing or reducing the amount of subsidy
world prices for competing products by applying to            applicable on the day on which the application was
that value the rules set out in Article 2 of Regulation       lodged by the difference between the target price
No 115/67/EEC ; whereas Article 7 of Regulation No            valid during the month during which the seeds were
225/67/EEC defines competing products as those               placed under control at an oil mill and the target
oils or oil cakes, as the case may be, which appear          price valid on the day on which the application was
to have been offered in the largest quantities on the        lodged ;
world market during the period under considera­
tion ;
                                                             Whereas Article 38 of Regulation (EEC) No 1204/72
                                                             provides that the corrective amount must be equal
                                                             to the difference between the world market price for
Whereas Article 6 ( 1 ) of Regulation No 115/67/EEC          colza, rape and sunflower seeds and the forward
provides that, when the world market price of a              price for those seeds valid for a shipment effected
type of seed is being determined, the price used             during the month in which the seeds were placed
should be adjusted by an amount not exceeding the            under control at an oil mill, those prices being deter­
margin between :                                             mined in accordance with Articles 1 , 4 and 5 of Reg­
— the difference between the price of 100 kg of              0)   OJ  No    L 222 , 2 . 10. 1971 , p . 2 .
                                                             (2)  OJ  No    L 282 , 23 . 12 . 1971 , p . 18 .
     colza, rape or sunflower seeds, plus processing         (®)  OJ  No    L 133 , 10 . 6 . 1972 , p . 1 .
     costs, and the total of the prices of the quantities     (4) OJ  No    L 172 , 28 . 6 . 1973 , p . 1 .
 ---pagebreak---  No L 176/52                        Official Journal of the European Communities                           30. 6 . 73
ulation 115/67/EEC ; whereas, if no offer and no              — for other currencies an exchange rate based on the
price can be used for such determination, the                     arithmetic mean of the spot market rates of each
method of calculation provided for in Article 38 of               of these currencies recorded for a given period, in
Regulation (EEC) No 1204/72 should be used ;                      relation to the Community currencies referred to
whereas the abovementioned difference may be                      in the previous subparagraph ;
 adjusted pursuant to Article 39 of Regulation (EEC)
No 1204/72, account being taken of prices for soya            Whereas the Opinion of the Monetary Committee
seeds on the world market ;                                   was requested ;
Whereas the subsidy should be fixed whenever the              Whereas it follows from applying all these provi­
market situation makes it necessary and in such a             sions to the offers and quotations known to the
way as to ensure its being applied at least once a            Commission that the subsidy on colza, rape and sun­
week ;                                                        flower seeds should be fixed as shown in the Table
                                                              annexed to this Regulation ;
Whereas Article 34 of Regulation (EEC) No 1204/72
provides that the subsidy fixed previously should be
retained if the variation in the factors used to calcu­       HAS ADOPTED THIS REGULATION :
late it entails an increase or reduction in that sub­
sidy of less than 010 unit of account ; whereas the                                   Article 1
subsidy may be altered whenever it becomes obvious
that such alteration is necessary ;                            1 . The amount of the subsidy referred to in Article
                                                              27 of Regulation No 136/66/EEC is hereby fixed as
Whereas, if the subsidy system is to operate normally,        shown in the Table annexed to this Regulation.
subsidies should be calculated on the following basis :
— in the case of currencies which are maintained in                                   Article 2
    relation to each other, at any given moment,
    within a band of 2-25 %>, a rate of exchange based        This Regulation shall enter into force on 1 July
    on their effective parity ;                               1973 .
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States.
               Done at Brussels, 29 June 1973 .
                                                                        For the Commission
                                                                          P.J. LARDINOIS
                                                                     Member of the Commission
 ---pagebreak--- 30 . 6. 73                         Official Journal of the European Communities                         No L 176/53
                                                       ANNEX
           to the Commission Regulation of 29 June 1973 fixing the amount of the subsidy on oil seeds
           Subsidy applicable from 1 July 1973 to colza and rape seeds (CCT heading No ex 12.01 )
                             and sunflower seeds (CCT heading No ex 12.01) (u.a./100 kg)
                                                                 Colza and rape seed     Sunflower seed
           Subsidy                                                         0                  0
           Subsidy in the case of advance fixing :
           — for the month of July                                         0                  0
           — for the month of August                                       0                  0
           — for the month of September                                    0                  0
           — for the month of October                                      0                  0
           — for the month of November                                    0
           — for the month of December                                    0