31973R1743
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 garded ; whereas offers and quotations which the thereof ; 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 be disregarded ; whereas offers and quotations relat of oil seeds harvested and processed within the Com ing to quantities of less than 500 metric tons and of munity when the target price for a species of seed is fers relating to seed of a quality other than that nor higher than the price on the world market ; whereas mally acceptable on the world market must also be these provisions apply only in respect of colza, rape disregarded ; and sunflower seeds ;
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 justed by deducting the additional value resulting (») OJ No 172, 30. 9. 1966, p. 3025 /66. (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.
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
0 ) OJ No L 222 , 2 . 10. 1971 , p . 2 . — the difference between the price of 100 kg of (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 .
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
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