31974R2466

\

1 . 10 . 74 Official Journal of the European Communities No L 264/47

REGULATION ( EEC) No 2466/ 74 OF THE COMMISSION of 30 September 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 1707/ 73 0 ; 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 (J) 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 2300/73 (5 ) of 23 August 1 973 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 Art iclc 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 Art itic 2 set out in Commission Regulation ( EEC) No 1 690/74 ( 7) of 28 June 1974 fixing the amount of the This Regulation shall enter into force on 1 October subsidy on oil seeds ; 1 974 .

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

Done at Brussels , 30 September 1974 . /'or the (JIIII IN ISSIOII . P.J. LARDINOIS /Member of the (, oi>nni.\sion

') 0 | No 172, 30 . 9 . 1966, p . 3025 / 66 . -') O'l No L 175 , 29 . 6 . 197 ?, p. 5 . ■') O'l No L 167, 25 . 7 . 1972, p. 9 . 4 ) O'l No I. 357, 28 . 12 . 1973 , p . 6 . s ) O'l No I. 236, 24 . 8 . 1973 , p. 28 . ") O'l No I. SI , 23 . 2 . 1 974, p . 30 . ") OJ No L 176 , 30 . 6 . 1 9?4 , p . 8 .

No L 264/48 Official Journal of the European Communities 1 . 10 . 74

ANNEX

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

u.a. /100 a World market price : 39-176 World market price where the subsidy is fixed in advance : — for the month of October 1974 39-176 — for the month of November 1974 39-176 — for the month of December 1974 39-991 — for the month of January 1975 40-235 — for the month of February 1975 40-235 — for the month of March 1975 40-072

(') 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 5-88731 I u.a . — Dkr 7-57831 1 u.a . = £ 0-530301 t u.a . — Lit 812-150