31973R2311

No L 237 / 26 Official Journal of the European Communities 25 . 8 . 73

REGULATION ( EEC) No 2311 /73 OF THE COMMISSION of 24 August 1973 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 — in the case of currencies which are maintained in Economic Community ; relation to each 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 — for other currencies an exchange rate based on the and fats, as last amended by the Act (2) concerning the arithmetic mean of the spot market rates of each Conditions of Accession and the Adjustments to the of these currencies recorded for a given period, in Treaties ; relation to the Community currencies referred to Having regard to Council Regulation (EEC) No in the previous subparagraph ; 1 569 /72 (3) of 20 July 1972 laying down special measures for colza and rape seed, as last amended by Whereas, applying all these provisions, the world Regulation ( EEC) No 1 356/73 (4); market price for colza and rape seed should be fixed as shown in the Table annexed to this Regulation ; Having regard to Commission Regulation (EEC) No 2300 /73 (5) of 23 Augsut 1973 laying down detailed rules for applying differential amounts for colza and HAS ADOPTED THIS REGULATION : rape seed and repealing Regulation ( EEC) No 1464/73, and in particular Article 9 (4) thereof ; Article 1 Having regard to the Opinion of the Monetary 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 Art icit- 2 set out in Commission Regulation (EEC) No 1898 /73 (6) of 13 July 1973 fixing the amount of the This Regulation shall enter into force on 27 August 1 973 . subsidy on oil seeds ;

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

Done at Brussels , 24 August 1973 . For the Commission

The President François-Xavier ORTOLI

') OJ No 172 , 30 . 9 . 1 966 , p . 3025/ 66 . 2 ) OJ No L 73 , 27 . 3 . 1972, p . 14 . i ) OJ No L 167 , 25 . 7 . 1972 , p . 9 . 4 ) OJ No L 141 , 28 . 5 . 1973 , p . 28 . 5 ) OJ No L 236, 24 . 8 . 1973 , p . 28 . o) OJ No L 193 , 14 . 7 . 1973 , p . 28 .

25 . 8 . 73 Official Journal of the European Communities No L 237/27

ANNEX World market price applicable from 27 August 1973 for colza and rape seeed (CCT ex 12.01 ) u.a . 100 kg (*) World market price : 23·661 World market price where the subsidy is fixed in advance : — August 1973 : 23·661 — September 1973 : 23·661 — October 1973 : 23·661 — November 1973 : 23·661 — December 1973 : 23·781 — January 1974 : 23-781

(') 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 . = Fl 3·52282 1 u.a . = Bfr/Lfr 48·6572 1 u.a . = FF 5·55419 1 u.a . = Dkr 757831 1 u.a . = £ 0·527320 1 u.a . = Lit 746·899