31973R2578

22 . 9 . 73 Official Journal of the European Communities No L 266/ 19

REGULATION ( EEC) No 2578 / 73 OF THE COMMISSION of 21 September 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 and fats, as last amended by Regulation (EEC) No — for other currencies an exchange rate based on the 1707/ 73 (2) ; arithmetic mean of the spot market rates of each of these currencies recorded for a given period, in Having regard to Council Regulation (EEC) No relation to the Community currencies referred to 1 569/72 (3) of 20 July 1972 laying down special in the previous subparagraph ; measures for colza and rape seed, as last amended by Regulation (EEC) No 1356/ 73 (4) ; Whereas, applying all these provisions, the world market price for colza and rape seed should be fixed Having regard to Commission Regulation (EEC) No as shown in the Table annexed to this Regulation ; 2300/73 (5) of 23 August 1973 laying down detailed rules for applying differential amounts for colza and rape seed and repealing Regulation (EEC) No HAS ADOPTED THIS REGULATION : 1464/73, and in particular Article 9 (4) thereof ;

Having regard to the Opinion of the Monetary Article 1 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 Article 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 24 subsidy on oil seeds ; September 1973 .

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

Done at Brussels, 21 September 1973 .

For the Commission

The President

Francois-Xavier ORTOLI

(') OJ No 172, 30 . 9 . 1966, p . 3025/ 66. (-') OJ No L 175, 29 . 6 . 1973 , p . 5 . (3 ) OJ No L 167, 25 . 7 . 1972, p . 9 . (•») OJ No L 141 , 28 . 5 . 1973 , p . 28 . (5) OJ No L 236, 24 . 8 . 1973 , p . 28 . (b) OJ No L 193 , 14 . 7 . 1973 , p . 28 .

No L 266/20 Official Journal of the European Communities 22 . 9 . 73

ANNEX

World market price applicable from 24 September 1973 for colza and rape seed ( CCT ex 12.01

u.a.1100 kg (*) World market price : 20-923 World market price where the subsidy is fixed in advance : — for the month of September 1973 : 20-923 — for the month of October 1973 : 20-923 — for the month of November 1973 : 20-923 — for the month of December 1973 : 22-063 — for the month of January 1974 : 22-063 — for the month of February 1974 : 22-063

(') 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 3-35507 1 u.a . = Bfr/Lfr 48-6572 1 u.a . = FF 5-55419 1 u.a . = Dkr 7-57831 1 u . a. = £ 0-546159 1 u.a . = Lit 738-672