31974R1500

15 . 6 . 74 Official Journal of the European Communities No L 158/31

REGULATION ( EEC) No 1500 / 74 OF THE COMMISSION

of 14 June 1974

introducing a countervailing charge on peaches imported from Spain

THE COMMISSION OF THE EUROPEAN Whereas it is necessary to record the prices to be COMMUNITIES, taken into consideration on the representative markets referred to in Regulation (EEC) No 1 29 1 /70 (4), Having regard to the Treaty establishing the European amended by Regulation ( EEC) No 2846/72 (5) ; Economic Community ; Whereas, for peaches from Spain the entry price calcu­ Having regard to Council Regulation (EEC) No lated in this way has remained at least 0-50 unit of 1035/72 (^ of 18 May 1972 on the common organiza­ account below the reference price for two consecutive tion of the market in fruit and vegetables as last market days ; whereas a countervailing charge should amended by Regulation (EEC) No 2745/72 (2 ), and in therefore be introduced for peaches imported from particular the second subparagraph of Article 27 (2) Spain ; thereof ;

Whereas Article 25 ( 1 ) of Regulation (EEC) No Whereas if the system is to operate normally it should 1035/72 provides that, if the entry price of a product be calculated on the following basis : imported from a third country remains at least 0-50 — in the case of currencies which are maintained in unit of account below the reference price for two relation to each other, at any given moment consecutive market days, a countervailing charge must within a band of 2-25 % a rate of exchange based be introduced in respect of the exporting country on their effective parity ; concerned, save in exceptional circumstances ; — for other currencies an exchange rate based on the whereas this charge is equal to the difference between arithmetic mean of the spot market rates of each the reference price and the arithmetic mean of the of these currencies recorded for a given period, in last two entry prices available for that exporting relation to the Community currencies referred to country ; in the previous subparagraph , Whereas Commission Regulation (EEC) No 1 244/74 (3) of 16 May 1974 fixing the reference price for peaches for the 1974 marketing year fixed the HAS ADOPTED THIS REGULATION : reference price for Class I at 34-5 units of account per 100 kg net for the period 11 to 20 June 1974 ; Article 1 Whereas the entry price for a given exporting country is equal to the lowest representative prices recorded A countervailing charge of 4-3 units of account per for at least 30 % of the quantities from the exporting 100 kg net is applied to peaches (subheading 08.07 B country , concerned which are marketed on all repre­ of the Common Customs Tariff) imported from Spain. sentative markets for which prices are available, less the duties, and the charges indicated in Article 24 (3) Article 2 of Regulation (EEC) No 1035 /72 and whereas the meaning of representative price is defined in Article This Regulation shall enter into force on 18 June 1974 . 24 (2) of Regulation ( EEC) No 1035/72 ;

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

Done at Brussels, 14 June 1974.

For the Commission

The President

Francois-Xavier ORTOLI

(') 01 No L 1 18 . 20 . 5 . 1972 . p. 1 . ( : ) 01 No L 291 , 2S . 12 . 1972. p. 147 . (') OI No L 144. 2 . 7 . 1970 , p. 10 . (•') O') No L 134, P. 5 . 19^4, p. 39 . ( 5 ) Of No L 299 . 31 . 12 . 1972 , p. 1 .