31973R1360

28.5.73 Official Journal of the European Communities No L 141 / 33

REGULATION (EEC) No 1360/73 OF THE COUNCIL of 15 May 1973 fixing the target prices and basic intervention prices for oil seeds for the 1973 /74 marketing year

THE COUNCIL OF THE EUROPEAN COMMUNITIES , accordingly desirable that they should also be used for the following marketing year ;

Having regard to the Treaty establishing the European Economic Community, and in particular Whereas it is desirable to allow for a stage in Article 43 thereof ; anticipation of a return to market unity, once the rule on maintaining at any given moment a maximum spread between Member State currencies of 2-25 % Having regard to Council Regulation No for spot transactions is applied by all Member States ; 136/ 66/EEC ( J ) of 22 September 1966 on the whereas this purpose is served by a 1 % price establishment of a common organization of the increase which is not reflected in price-levels market in oils and fats, as last amended by the Act (2 ) expressed in terms of the national currencies of concerning the Conditions of Accession and the Member States whose currencies have increased in Adjustments to the Treaties, and in particular the value in relation to the conversion rate used under third subparagraph of Article 22 ( 1 ) thereof; the Common Agricultural Policy ;

Having regard to the proposal from the Commission ;

HAS ADOPTED THIS REGULATION : Having regard to the Opinion of the European Parliament ; Article 1

Whereas, when the target prices and basic For the 1973 /74 marketing year, the target prices and intervention prices for oil seeds are fixed, account basic intervention prices for oil seeds shall be as should be taken of the objectives of the Common follows : Agricultural Policy and of the contribution which the u.a. / lOO kg Community desires to make to the harmonious ( a ) colza and rape seeds : development of world trade ; whereas the objectives of the Common Agricultural Policy are in particular — target price : 21-06 to ensure a fair standard of living for the agricultural — basic intervention price : 20-45 community, to ensure that supplies are available and that they reach consumers at reasonable prices ; ( b ) sunflower seeds :

— target price : 21-26 Whereas application of these criteria entails fixing the target price and basic intervention price for colza and — basic intervention price : 20-65 rape seed and for sunflower seed at a higher level than that adopted for the preceding marketing year; The basic intervention prices are valid in Genoa .

Whereas the prices of oil seeds must be fixed for determined standard qualities ; whereas the latter Article 2 should be laid down in relation to the average qualities of the seeds harvested in the Community; The prices referred to in Article 1 relate to seeds in whereas the qualities laid down for the 1972/73 bulk of sound , fair and marketable quality : marketing year meet these requirements ; whereas it is

( a ) with an impurity content of 2 % and , for seeds as such , a humidity and oil content of 10 % and ( J ) OJ No 172 , 30 . 9 . 1966, p . 3025/66 . 42 % respectively in the case of colza and rape (-) OJ No L 73 , 27. 3 . 1972 , p . 14 . seeds ;

No L 141 /34 Official Journal of the European Communities 28 . 5 . 73

( b) with an impurity content of 2 % and, for seeds as subparagraph ; however, if the marketing year begins such, a humidity and oil content of 10 % and after that date, the increase shall take effect at the 40 % respectively in the case of sunflower seeds­ beginning of that marketing year.

Article 3 2. This increase shall not be reflected in price levels expressed in terms of national currencies of Member States whose currencies have increased in 1 . Prices shall be increased by 1 % when all value in relation to the conversion rate used under Member States maintain at any given moment a the Common Agricultural Policy. maximum spread of 2-25 % between their currencies.

This provision shall be applicable as from the 3 . The Council, acting on a proposal from the 1973/74 marketing year; the increase shall take effect Commission in accordance with the voting procedure on the first day of the month following the date laid down in Article 43 (2) of the Treaty shall adopt determined in accordance with the first the methods of implementation of this Article.

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

Done at Brussels, 15 May 1973 .

For the Council

The President

A. LAVENS

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