31975R0431

22 . 2 . 75 No L 48 /9 Official Journal of the European Communities

REGULATION ( EEC) No 431 / 75 OF THE COMMISSION of 21 February 1975 determining the world market price for colza and rape seed

THE COMMISSION OF THE EUROPEAN the subsidy on oil seeds, as last amended by Regula­ COMMUNITIES, tion (EEC) No 430/75 (») ; Having regard to the Treaty establishing the European Whereas to enable the price system to operate Economic Community ; normally, the world market price should be calculated on the following basis : Having regard to Council Regulation No 136/ — in the case of currencies which are maintained in 66/EEC ( 1 ) of 22 September 1966 on the establish­ relation to each other, at any given moment, ment of a common organization of the markets in oils within a band of 2-25 % , a rate of exchange based and fats, as last amended by Regulation (EEC) No on their effective parity ; 1707/73 (2) ; — for other currencies an exchange rate based on the Having regard to Council Regulation (EEC) No arithmetic mean of the spot market rates of each 1 569/72 (3) of 20 July 1972 laying down special of these currencies recorded for a given period, in measures for colza and rape seed, as last amended by relation to the Community currencies referred to Regulation (EEC) No 3477/73 (4) ; in the previous subparagraph ; Having regard to Commission Regulation (EEC) No Whereas, applying all these provisions, the world 2300/73 (5) of 23 August 1973 laying down detailed market price for colza and rape seed should be fixed rules for applying differential amounts for colza and as shown in the table annexed to this Regulation, rape seed and repealing Regulation (EEC) No 1464/73, as last amended by Regulation (EEC) No HAS ADOPTED THIS REGULATION : 3182/74 (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 Article 2 mined in accordance with the rules and the criteria set out in Commission Regulation ( EEC) No This Regulation shall enter into force on 24 February 2535/74 (7) of 4 October 1974 fixing the amount of 1975 .

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

Done at Brussels, 21 February 1975 .

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 . (4 ) OJ No L 357, 28 . 12. 1973, p. 6 . (5) OJ No L 236, 24. 8 . 1973 , p. 28 . (') OJ No L 339 , 18 . 12. 1974, p. 16. (7) OJ No L 271 , 5 . 10 . 1974, p. 38 . (s) See page 7 of this Official Journal .

No L 48 / 10 22 . 2 . 75 Official Journal of the European Communities

ANNEX

World market price applicable from 24 February 1975 for colza and rape seed (CCT heading No ex 12.01 )

u.a./100 kg (i) World market price : 23.741 World market price where the subsidy is fixed in advance : — for the month February 1975 23.741 — for the month March 1975 23-741 — for the month April 1975 23-019 — for the month May 1975 23-019 — for the month June 1975 22.946 — for the month July 1975 22.946

P ) 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 5.95174 1 u.a . — Dkr 7.57831 1 u.a . — £ 0-574597 1 u.a . = I £ 0-574597 1 u.a . = Lit 877.185