31974R2604

No L 277/40 Official Journal of the European Communities 12 . 10 . 74

REGULATION ( EEC) No 2604/ 74 OF THE COMMISSION of 11 October 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/ EECC ) 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 (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 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 ; 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 2535/74 ( 7) of 4 October 1974 fixing the amount of This Regulation shall enter into force on 14 October the subsidy on oil seeds ; 1974 .

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

Done at Brussels , 11 October 1974 . For the Commission P.J. LARDINOIS , Member of the Commission

') OJ No 172, 30 . 9 . 1966, p. 3025/ 66 . 2) OJ No L 17.5 , 29 . 6 . 1973 , p. 5 . J ) 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 . b) OJ No L 51 , 23 . 2 . 1974, p. 30 . 7) OJ No L 271 , 5 . 10 . 1974 , p. 38 .

/ 12 . 10 . 74 Official Journal of the European Communities No L 277/ 41

ANNEX

World market price applicable from 14 October 1974 for colza and rape seed (CCT heading No ex 12.01 )

u.a. /100 ke (') World market price : 41-008 World market price where the subsidy is fixed in advance : — for the month of October 1974 41-008 — for the month of November 1974 41-008 — for the month of December 1974 41-008 — for the month of January 1975 42-216 — for the month of February 1975 42-216 — for the month of March 1975 42-055

(') The conversion rates from units of account into national currency as foieseen by Article 9 (5) (a) of Regulation ( EEC) No 2300/73 are the following : 1 u . a . = DM 3-21978 1 u.n . = F1 3-35507 1 u.a . =- Bfr/ Lfr 48-6572 1 u.a . -= FF 5-85950 1 u.a . - Dkr 7-57831 1 u.a . = £ 0-529120 1 u.a . = I £ 0-529120 I u .«. - Lit 824-783