31975R1160

3 . 5 . 75 Official Journal of the European Communities No L 114/ 19

REGULATION ( EEC) No 1160/ 75 OF THE COMMISSION

of 30 April 1975

determining the world market price for colza and rape seed

THE COMMISSION OF THE EUROPEAN subsidy on oil seeds, as last amended by Regulation COMMUNITIES, (EEC) No 1 135/75 (8);

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 (') of 22 September 1966 on the establish­ ment of a common organization of the markets in oils relation to each other, at any given moment, and fats, as last amended by Regulation ( EEC) No within a band of 2-25 % , a rate of exchange based 1 707/ 73 (2 ); on their effective parity ; — 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 632/75 (6), and in particular Article 9 (4) thereof ; HAS ADOPTED THIS REGULATION :

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) No 2300 / 73 , the Commission must determine the Regulation ( EEC) No 2300 / 73 and the rates to be used 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 797/75 (7) of 26 March 1 975 fixing the amount of the This Regulation shall enter into force on 5 May 1975 .

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

Done at Brussels , 30 April 1975 .

For the Com miss ion

P.J. LARDINOIS

Meniber of the Commission

(') OJ No 172, 30 . 9 . 1966 , p . 3025 / 66 . ') OJ No L 175 , 29 . 6 . 1973 , p. 5 . >) 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, 13 . 3 . 1975 , p. 1 1 . 7 ) OJ No L 78 , 27 . 3 . 1975 , p. 43 . ( s ) OJ No L 1 I 2, - 1 . 5 . 1 975, p . 37 .

No L 114/ 20 3 . 5 . 75 Official Journal of the European Communities

ANNEX

World market price applicable from 5 May 1975 for colza and rape seed (CCT heading No ex 12.01 )

u.a/100 kv (•) World market price : 21-796 World market price where the subsidy is fixed in advance : — for the month of May 1975 21-796 — for the month of June 1975 21-577 — for the month of July 1975 21-431 — for the month of August 1975 21-285 — for the month of September 1975 21-285 — for the month of October 1975 21-139

(') 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 5-71661 1 u.a . = Dkr 7-57831 1 u.a . = £ 0-580693 1 u.a . = 1 £ 0-580693 1 u.a . = Lit 876-079