31973R3527

No L 360 / 46 Official Journal of the European Communities 29 . 12 . 73

REGULATION (EEC) No 3527 / 73 OF THE COMMISSION of 28 December 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 Economic Community ; — in the case of currencies which are maintained in 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 3477/ 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 last amended by Regulation (EEC) No HAS ADOPTED THIS REGULATION : 3491 /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 1 January subsidy on oil seeds ; 1974 .

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

Done at Brussels, 28 December 1973 . For the Commission P.J. LARDINOIS Member of the Commission

') OJ No 172, 30 . 9 . 1966, p . 3025/66 . i) OJ No L 175, 29 . 6 . 1973 , p. 5 . 3 ) OJ No L 167, 25. 7 . 1972, p. 9 . 4) OJ No L 357, 28 . 12 . 1973, p. 6 . 5) OJ No L 236, 24. 8 . 1973, p. 28 . ') OJ No L 357, 28 . 12. 1973 , p. 31 . 7) OJ No L 193 , 14. 7 . 1973, p. 28 .

29 . 12 . 73 Official Journal of the European Communities No L 360/47

ANNEX

World market price applicable from 1 January 1974 for colza and rape seed (CCT heading No ex 12.01 )

u.a./ 100 kg (<) World market price : 26-446 World market price where the subsidy is fixed in advance : — for the month of January 1974 : 26-446 — for the month of February 1?74 : 26-446 — for the month of March 1974 : 26-652 — for the month of April 1974 : 24-717 — for the month of May 1974 : 24-717 — for the month of June 1974 : 24-470

(') The conversion rates from units of account into national currency as foreseen by Article 9 (5) (a ) ml Regulation (EEC ) No 2300/73 are the following : 1 u.a . - DM 3-21978 1 u.a . - F1 3-35507 1 u . a . «= Bfr/ Lfr 48-6572 1 u . t . - FF 5-55419 1 u.a . - Dkr 7-57831 1 u . a. - £ 0-525715 1 u.a . - I-it 734-641