31974R1691

No L 176 / 12 Official Journal of the European Communities 30 . 6 . 74

REGULATION ( EEC ) No 1691 / 74 OF THE COMMISSION of 28 June 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 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 Artiih I 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 1 Julv 1 9~'4 .

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

Done at Brussels , 28 June 1974 .

/■ oi ' tin (. oni m i\.\ion l \ |. I.ARDINOIS Ait mhtr of tin ('onim isMini

(') ()| No 172, 30 . 9 . 1966, p. 3025 / 6< (•) ()'| No I. 175 , 29 . 6. 1 973, p. 5 . (') O'l No I. 167 , 25 . 7. 1972, p. 9 . (') O ) No L 357 , 28 . 12 . 1973 , p. 6 . ( s ) O ) No L 236 , 24 . 8 . 1973 , p. 28 . (") O ) No 1 . 51 , 23 . 2 . 1974, p. 30 . 0 O") No 1 . 96, 6. 4. 1974, p. 24 .

30. 6 . 74 Official Journal of the European Communities No L 176/ 13

ANNEX

World market price applicable from 1 July 1974 for colza and rape seed (CCT heading No ex 12.01 )

u.a. / 100 kg (*) World market price : 31.744 World market price where the subsidy is fixed in advance : — for the month of July 31-744 — for the month of August 31-744 — for the month of September 31-351 — for the month of October 27-031 — for the month of November 25-853 — for the month of December 25-853

(') 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 6-23313 1 u . a . - Dkr 7-57831 1 u.a . - £ 0-532473 1 u.a . - Lit 827-821