31973R1705

29 . 6 . 73 Official Journal of the European Communities No L 175 /3

REGULATION ( EEC) No 1705/ 73 OF THE COUNCIL of 26 June 1973 fixing for the 1973/74 marketing year the monthly increase in the target and intervention prices for oilseeds

THE COUNCIL OF THE EUROPEAN Whereas, taking into account the aforesaid require­ COMMUNITIES , ments, the monthly increases for the 1973/74 marketing year should be fixed at a level higher than Having regard to the Treaty establishing the European that of the preceding marketing year ; Economic Community ; Whereas the experience gained during the 1972/73 Having regard to Council Regulation No 136/ marketing year and harvest forecasts do not justify, for 66/ EEC (*) of 22 September 1966 on the establish­ the 1973/74 marketing year, the determination of a ment of a common organization of the market in oils number of monthly increases different from that laid and fats, as last amended by the Act concerning the down for the preceding marketing year ; conditions of Accession and the Adjustments to the Treaties (2 ), and in particular Article 25 thereof ; HAS ADOPTED THIS REGULATION : Having regard to the proposal from the Commission ;

Whereas, in accordance with Article 25 of Regulation Article 1 No 136/66 / EEC, the amount by which the target and intervention prices for colza, rape seed and sunflower 1 . For the 1973/74 marketing year, the amount of seeds are increased monthly from the beginning of the monthly increases applicable to colza and rape the third month of the marketing year should be fixed seed shall be 0-2 unit of account per 100 kilo­ for the 1973 /74 marketing year, and the number of grammes . months during which such increases are to be applied 2. These increases shall apply for seven months. should be determined ; whereas such amount must be the same for both prices ; Article 2 Whereas such increases must be the same for each month and be fixed by reference to average storage 1 . For the 1973/74 marketing year, the amount of and interest charges recorded in the Community ; the monthly increases applicable for sunflower seed whereas average storage charges should be determined shall be 0-234 unit of account per 100 kilogrammes. on the basis of the cost of storing the seed in suitable 2. These increases shall apply for five months. places and of the handling charges necessary to keep the seed in good condition ; whereas interest charges may be calculated on the basis of the rate considered Article 3 as normal for the production areas ; This Regulation shall enter into force on 1 July 1973 .

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

Done at Luxembourg, 26 June 1973 . For the Council

The President

R. VAN ELSLANDE

(') OJ No 172, 30 . 9 . 1966, p. 3025/ 66 . (-') OJ No L 73 , 27 . 3 . 1972, p . 14 .