31973R2698

4 . 10 . 73 Official Journal of the European Communities No L 278 / 13

REGULATION ( EEC) No 2698 /73 OF THE COMMISSION of 3 October 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 (2j ; 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 Having regard to Commission Regulation ( EEC) No market price for colza and rape seed should be fixed 2300/73 (5) of 23 August 1973 laying down detailed as shown in the Table annexed to this Regulation ; rules for applying differential amounts for colza and rape seed and repealing Regulation ( EEC) No 1464/73 , as amended by Regulation (EEC) No HAS ADOPTED THIS REGULATION : 2588 /73 (6), 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 1 898 /73 ( 7) of 13 July 1973 fixing the amount of the This Regulation shall enter into force on 4 October subsidy on oil seeds ; 1973 .

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

Done at Brussels , 3 October 1973 . For the Commission The President

Francois-Xavier ORTOLI

(') OJ No 172, 30 . 9 . 1966, p. 3025/66 . 2 ) OJ No L 175 , 29 . 6 . 1973 , p. 5 . 3 ) 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 . 1 973 , p. 28 . 61 Ol No L 268 . 25 . 9 . 1973 . D . 10 . ( 7) OJ No L 193 , 14. 7 . 1973 , p. 28 .

No L 278 / 14 Official Journal of the European Communities 4 . 10 . 73

ANNEX

World market price applicable from 4 October 1973 for colza and rape seed (CCT ex 12.01 )

u.a. /100 kg (') World market price : 19-145 World market price where the subsidy is fixed in advance : — for the month of October 1973 : 19-145 — for the month of November 1973 : 19-145 — for the month of December 1973 : v 20-274 — for the month of January 1974 : 20-274 — for the month of February 1974 : 20-274 — for the month of March 1974 : 20-274

(') 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 750-644