31974R0892

No L 104 / 22 Official Journal of the European Communities 17 . 4 . 74

REGULATION ( EEC) No 892/ 74 OF THE COMMISSION of 16 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 Having regard to Commission Regulation ( EEC) No market price for colza and rape<seed should be fixed 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 , as last amended by Regulation (EEC) No 456/74 (b), 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 81 9/74 ( 7) of 5 April 1974 fixing the amount of the This Regulation shall enter into force on 17 April subsidy on oil seeds ; 1974 .

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

Done at Brussels, 16 April 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 . (') OJ No L 51 , 23 . 2 . 1974, p . 30 . (7) OJ No L 96, 6. 4 . 1974, p . 24.

17 . 4 . 74 Official Journal of the European Communities No L 104/23

ANNEX

World market price applicable from 17 April 1974 for colza and rape seed ( CCT heading No ex 12.01 )

u.a. /100 kg (') World market price : 25.926 World market price where the subsidy is fixed in advance : — for the month of April 25.926 — for the month of May 25.926 — for the month of June 25.686 — for the month of July 25.366 — for the month of August 25.046 — for the month of September 25.046

(') 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 6.04730 1 u.a . =* Dkr 7 57831 1 u.a . = £ 0.525422 1 u.a . = Lit 790.839