31974R1106

No L 122 / 38 Official Journal of the European Communities 4 . 5 . 74

REGULATION ( EEC) No 1106/ 74 OF THE COMMISSION of 3 May 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 Having regard to Council Regulation ( EEC) No of these currencies recorded for a given period, in 1 569 /72 (3 ) of 20 July 1972 laying down special relation to the Community currencies referred to measures for colza and rape seed, as last amended by in the previous subparagraph ; 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 : 456/74 (6), and in particular Article 9 (4) thereof ; Having regard to the Opinion of the Monetary Article 1 Committee ; Whereas , pursuant to Article 9 (4) of Regulation ( EEC) The world market price referred to in Article. 9 (4) of No 2300 / 73 , the Commission must determine the Regulation (EEC) No 2300/73 and the rates to be used world market price for colza and rape seed ; for converting them into national currencies shall be 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 set out in Commission Regulation ( EEC) No Article 2 8 1 9 /74 ( 7) of 5 April 1974 fixing the amount of the subsidy on oil seeds ; This Regulation shall enter into force on 6 May 1974.

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

Done at Brussels, 3 May 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 . («) OJ No L 357, 28 . 12 . 1973 , p. 6 . (5) OJ No L 236, 24. 8 . 1973 , p. 28 . (6) OJ No L 51 , 23 . 2 . 1974, p. 30 . ( 7) OJ No L 96, 6 . 4. 1974, p. 24.

4 . 5 . 74 Official Journal of the European Communities No L 122/39

ANNEX

World market price applicable from 6 May 1974 for colza and rape seed ( CCT heading No ex 12.01 )

u . a . /100 kg (') World market price : 28-635 World market price where the subsidy is fixed in advance : — for the month of May 28-635 — for the month of June 28-635 — for the month of July 28-245 — for the month of August 26-218 — for the month of September 25-906 — for the month of October 25-127

(') 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 . ■= F1 3-35507 1 u.a . = Bfr/Lfr 48-6572 1 u.a . - FF 6-26500 1 u.a . = Dkr 7-57831 1 u.a . =■ £ 0-533103 1 u .». - Lit 818-820