31974R0339

No L 37 / 28 Official Journal of the European Communities 9 . 2 . 74

REGULATION ( EEC) No 339/ 74 OF THE COMMISSION of 8 February 1974 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 1 707/ 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 : 214/74 (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 1 February subsidy on oil seeds ; 1974 .

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

Done at Brussels , 8 February 1974 .

For the Commission P.J. LARDINOIS Member of the Commission

(') 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 357 , 28 . 12 . 1973 , p . 6 . (5 ) OJ No L 236, 24 . 8 . 1973 , p . 28 . (6) OJ No L 22, 26 . 1 . 1974, p . 53 . ( 7) OJ No L 193 , 14. 7 . 1973 , p . 26 .

9 . 2 . 74 Official Journal of the European Communities No L 37/ 29

ANNEX

World market price applicable from 11 February 1974 for colza and rape seed ( CCT heading No ex 12.01 )

u.a . > 100 kv. (') World market price : 33-002 World market price where the subsidy is fixed in advance : — for the month of February 33-002 — for the month of March 33-002 — for the month of April 30-065 — for the month of May 30-065 — for the month of June 29-806 — for the month of July 28-942

H 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 5-85991 1 u.a . = Dkr 7-57831 1 u.a . - £ 0-511132 1 u.a . = Lit 756-773