CELEX: 31975R0798
Language: en
Date: 1975-03-27 00:00:00
Title: Regulation (EEC) No 798/75 of the Commission of 26 March 1975 determining the world market price for colza and rape seed

27. 3 . 75                                   Official Journal of the European Communities                         No L 78 /47
                                REGULATION (EEC) No 798 /75 OF THE COMMISSION
                                                             of 26 March 1975
                              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 eadh 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
 1 707/73 (2);                                                              arithmetic mean of the spot market rates of each
                                                                            of these currencies recorded for a given period , in
 Having regard to Council Regulation (EEC) No                               relation to the Community currencies referred to
 1 569/72 (3) of 20 July 1972 laying down special                           in the previous subparagraph ;
 measures for colza and rape seed, as last amended by
 Regulation (EEC) No 3477/73 (4) ;                                      Whereas, applying all these provisions, the world
                                                                        market price for colza and rape seed should be fixed
 Having regard to Commission Regulation (EEC) No                        as shown in the table annexed to this Regulation,
 2300/73 (5) of 23 August 1 973 laying down detailed
 rules for applying differential amounts for colza and
 rape seed and repealing Regulation ( EEC) No
                                                                        HAS ADOPTED THIS REGULATION :
 1464/73 , as last amended by Regulation (EEC) No
 632/75 (6), and in particular Article 9 (4) thereof ;
 Having regard to the Opinion of the Monetary                                                  ArticU- 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                                           A rticlc 2
 set out in Commission Regulation (EEC) No
 797/75 (7) of 26 March 1975 fixing the amount of the                   This Regulation shall enter into force on 1 April
 subsidy on oil seeds ;                                                  1975 .
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels, 26 March 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 .
(6)  OJ  No L 66, 1 3 . 3 . 1 975 , p . 1 1 .
( 7) See page 4 $ of this Official Journal .
 ---pagebreak--- No L 78 /48                                  Official Journal of the European Communities                                                            27. 3 . 75
                                                                           ANNEX
            World market price applicable from 1 April 1975 for colza and rape seed (CCT heading
                                                                        No ex 12.01 )
                                                                                                                                      u.aJ100 kg (')
            World        market price :                                                                                                  24.124
            World        market price where the subsidy is fixed in advance :
            — for        the month of April 1975                                                                                         24.124
            — for        the month of May 1975                                                                                           24-124
            — for the month of June 1975                                                                                                 23.625
            — for the month of July 1975                                                                                                 23.269
            — for the month of August 1975                                                                                               22.699
            — for the month of September 1975                                                                                            22-699
            ( l ) 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 . ■>  F1          3.35507
                  1 u.a . —   Bfr/Lfr    48.6572
                  1 u.a . —   FF          5-95174
                  1 u.a . —    Dkr        7.57831
                  1 u.a. ->      £        0.580693
                  1 u.a . =    I£         0.580693
                  1 u.a . ■>   Lit      886.698