31975R0798

27 . 3 . 75 Official Journal of the European Communities No L 78 / 47

REGULATION ( EEC) No 798 / 75 OF THE COMMISSION of 26 March 1975 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 eadh 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 — for other currencies an exchange rate based on the and fats, as last amended by Regulation (EEC) No arithmetic mean of the spot market rates of each 1 707/ 73 (2 ); 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 market price for colza and rape seed should be fixed Having regard to Commission Regulation (EEC) No as shown in the table annexed to this Regulation , 2300/73 (5) of 23 August 1 973 laying down detailed rules for applying differential amounts for colza and rape seed and repealing Regulation ( EEC) No HAS ADOPTED THIS REGULATION : 1464/73 , as last amended by Regulation (EEC) No 632/75 (6), and in particular Article 9 (4) thereof ; ArticU- 1 Having regard to the Opinion of the Monetary 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 A rticlc 2 set out in Commission Regulation ( EEC) No 797/75 (7) of 26 March 1975 fixing the amount of the This Regulation shall enter into force on 1 April 1975 . subsidy on oil seeds ;

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

Done at Brussels, 26 March 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 . (6) OJ No L 66, 1 3 . 3 . 1 975 , p . 1 1 . ( 7) See page 4 $ of this Official Journal .

No L 78 /48 Official Journal of the European Communities 27 . 3 . 75

ANNEX

World market price applicable from 1 April 1975 for colza and rape seed (CCT heading No ex 12.01 )

u.aJ100 kg (') World market price : 24.124 World market price where the subsidy is fixed in advance : — for the month of April 1975 24.124 — for the month of May 1975 24-124 — for the month of June 1975 23.625 — for the month of July 1975 23.269 — for the month of August 1975 22.699 — for the month of September 1975 22-699

( l ) 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 . ■> F1 3.35507 1 u.a . — Bfr/ Lfr 48.6572 1 u.a . — FF 5-95174 1 u.a . — Dkr 7.57831 1 u.a. -> £ 0.580693 1 u.a . = I £ 0.580693 1 u.a . ■> Lit 886.698