31974R0871

No L 101 / 40 11 . 4 . 74 Official Journal of the European Communities

REGULATION ( EEC ) No 871 / 74 OF THE COMMISSION of 10 April 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 — 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 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 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 ( s ) 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 , as last amended by Regulation ( EEC) No 456 / 74 (6), 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 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 5 April subsidy on oil seeds ; 1974 .

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

Done at Brussels , 10 April 1974 . I n r the Com m issio n P. J. LARDINOIS Member of the Commission

(>) O ) No 172 , 30 . 9 . 1966, p. 3025/ 66 . J ) o I No L 175 , 29 . 6 . 1973 , p. 5 . ') o ) No L 167 , 25 . 7 . 1972, p. 9 . 4 ) o } No L 357 , 28 . 12 . 1973 , p. 6 . 5 ) o I No L 236 , 24 . 8 . 1973 , p. 28 . «>) O ) No L 51 , 23 . 2 . 1974, p. 30 . ') O I No L 193 , 14 . 7 . 1973 , p. 26 .

11 . 4 . 74 Official Journal of the European Communities No L 101 /41

ANNEX

World market price applicable from 15 April 1974 for colza and rape seed ( CCT heading No ex 12.01 )

u.a . 1100 kg (') World market price : 23.927 World market price where the subsidy is fixed in advance : — for the month of April 23.927 — for the month of May 23.927 — for the month of June 23.607 — for the month of July 23.207 — for the month of August 23.007 — for the month of September 23.047

(') The conversion rates from units of account into national currency as foreseen by Article 9 (5) («) 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 6.04730 1 u.a . = Dkr 7.57831 1 u.a . = £ 0.525422 1 u.a . = Lit 790.839