31973R0704

No L 67/22 Official Journal of the European Communities 14 . 3 . 73

REGULATION (EEC) No 704/73 OF THE COMMISSION of 13 March 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 136/66/ for oil seeds, as last amended by the Act annexed EEC (*) 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 Having regard to the Opinion of the Monetary ments or information available to it, not to be repre­ Committee ; sentative of the real trend of the market must also be disregarded ; whereas offers and quotations relat­ Whereas Article 27 of Regulation No 136/66/EEC ing to quantities of less than 500 metric tons and of­ provides that a subsidy should be granted in respect fers relating to seed of a quality other than that nor­ of oil seeds harvested and processed within the Com­ mally acceptable on the world market must also be munity when the target price for a species of seed is disregarded ; higher than the price on the world market ; whereas these provisions apply only in respect of colza, rape and sunflower seeds ; Whereas Article 3 of Regulation No 225/67/EEC pro­ vides that of the offers and quotations taken into Whereas the subsidy on oil seeds should, theoreti­ consideration, those for delivery c and f should be cally, be equal to the difference between those two increased by 0-2 %» ; whereas offers and quotations prices ; for delivery fas, fob or otherwise should be in­ creased, as appropriate, by loading, transport and Whereas the target price for each species of seed was insurance costs from the point of shipment or load­ fixed by Council Regulation (EEC) No 1331/72 (4) ing to the frontier crossing point ; whereas cif offers of 27 June 1972 fixing target and basic intervention and quotations for frontier crossing points other prices for oil seeds for the 1972/73 marketing year ; than Rotterdam should be adjusted to allow for the difference in transport costs as compared with a pro­ Whereas Article 29 of Regulation No 136/66/EEC duct delivered cif Rotterdam ; whereas the Commis­ provides that the world market price, calculated for sion should take account only of the loading, trans­ a Community frontier crossing point, is to be deter­ port and insurance costs which to its knowledge are mined on the basis of the most favourable purchas­ the lowest ; whereas, finally, offers and quotations ing opportunities, quotations being adjusted where for delivery cif Rotterdam should be increased by necessary to take account of quotations for compet­ 0-20 unit of account ; ing products ; 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 chat 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 justed hy deducting the additional value resulting (l) OJ No 172, 30. 9. 1966, p. 3025/66. (2) OJ No L 73 , 27. 3 . 1972, p. 14. (») OJ No L 73, 27. 3 . 1972, p. 5 . (4) OJ No L 147, 29 . 6. 1972, p. 1 . (5) OJ No 111 , 10 . 6. 1967, p . 2196/67. (6) OJ No 136, 30. 6. 1967, p. 2919/67.

14. 3 . 73 Official Journal of the European Communities No L 67/23

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 consideration 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 688/73 ( 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 i 1 ) 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 (3) OJ No L 133 , 10. 6. 1972, p. 1 . costs, and the total of the prices of the quantities (4) OJ No L 66 , 13 . 3 . 1973 , p. 20 .

No L 67/24 Official Journal of the European Communities 14. 3 . 73

ulation 115/67/EEC ; whereas, if no offer and no case of pre-fixation for the months of July and Aug­ price can be used for such determination, the ust 1973 the amount of subsidy on these products has method of calculation provided for in Article 38 of been obtainable only on the basis of the indicative Regulation (EEC) No 1204/72 should be used ; price for the months of July and August 1972, this whereas the abovementioned difference may be amount may, therefore, be applied only on a tem­ adjusted pursuant to Article 39 of Regulation (EEC) porary basis and should be confirmed or replaced No 1204/72, account being taken of prices for soya when the indicative price for the 1973/74 marketing seeds on the world market ; year is known ;

Whereas it follows from applying all these provi­ Whereas the subsidy should be fixed whenever the sions to the offers and quotations known to the market situation makes it necessary and in such a Commission that the subsidy on colza, rape and sun­ way as to ensure its being applied at least once a flower seeds should be fixed as shown in the Table week ; 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 Article 1 sidy of less than 0-10 unit of account ; whereas the subsidy may be altered whenever it becomes obvious 1 . The amount of the subsidy referred to in Article that such alteration is necessary ; 27 of Regulation No 136/66/EEC is hereby fixed as shown in the Table annexed to this Regulation. Whereas, if the subsidy system is to operate normally, the subsidy should be calculated on the basis of an 2 . The amount of the subsidy for the months of exchange rate which is based, in the case of currencies July and August 1973 will, however, as for colza and which are floating or whose central rate differs from rape seeds, be confirmed or replaced as from 14 the official parity, on the effective rate or the March to take into account the indicative price which central rate of these currencies and, in the case of is fixed for these products for the 1973/74 market­ the US dollar, on the change in parity announced ing year . on 13 February 1973 ; Article 2

Whereas in the absence of the indicative price for the This Regulation shall enter into force on 14 March 1973/74 marketing year for colza and rape seed in 1973 .

This Regulation shall be binding in its entirety and directly applicable in all Member States .

Done at Brussels, 13 March 1973 . For the Commission

P.J. LARDINOIS Member of the Commission

14. 3 . 73 Official Journal of the European Communities No L 67/25

ANNEX

to the Commission Regulation of 13 March 1973 fixing the amount of the subsidy on oil seeds

Subsidy applicable from 14 March 1973 to colza and rape seeds ( CCT heading No ex 12.01 ) and sunflower seeds ( CCT heading No ex 12.01 ) (u.a./lOO kg)

Colza and rape seed Sunflower seed Subsidy ' 4-537 4-960 Subsidy in the case of advance fixing ( J ) — for the month of March 4-537 4-960 — for the month of April 5-988 4-925 — for the month of May 5-988 4-855 — for the month of June 6-071 4-820 — for the month of July 4-754 — — for the month of August 4-837 — 0) Advance fixing of the subsidy is suspended in accordance with Regulation ( EEC ) No 646/ 73 ( OJ No L 61 , 7. 3 . 1973 , p. 17) as amended by Regulation ( EEC ) No 701 / 73 (see p. 17 of this Official Journal)