31976R0175

No L 19/22 Official Journal of the European Communities 28 . 1 . 76

COMMISSION REGULATION ( EEC) No 175 / 76 of 27 January 1976 determining the world market price for colza and rape seed

THE COMMISSION OF THE EUROPEAN on oil seeds (7), as last amended by Regulation (EEC) COMMUNITIES, No 174/76 (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 establishment relation to each other, at any given moment, of a common organization of the markets in oils and within a band of 2-25 % , a rate of exchange based 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 1569/72 of 20 July 1972 laying down special of these currencies recorded for a given period, in measures for colza and rape seed (3), as last amended relation to the Community currencies referred to by 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 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 1 464/73 (5), as last amended by Regulation ( EEC) No HAS ADOPTED THIS REGULATION : 632/75 (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 2651 /75 This Regulation shall enter into force on 28 January of 17 October 1975 fixing the amount of the subsidy 1976 .

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

Done at Brussels , 27 January 1976 . 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 . 1 973 , p. 5 . ( 3 ) OJ No L 167 , 25 . 7 . 1972, p . 9 . C ) OJ No L 357, 28 . 12 . 1973 , p . 6 . ( 5 ) OJ No L 236, 24 . 8 . 1973 , p . 28 . ( 7 ) OJ No L 269 , 18 . 10 . 1975, p. 37 . ( b) OJ No L 66, 13 . 3 . 1975 , p . 1 I . (s ) See page 20 of this Official Journal .

28 . 1 . 76 No L 19/ 23 Official Journal of the European Communities

ANNEX

World market price applicable from 28 January 1976 for colza and rape seed ( CCT heading No ex 12.01 )

u.a./100 kv (') World market price 16.814 World market price where the subsidy is fixed in advance : — for the month of January 1976 16.814 — for the month of February 1976 16.814 — for the month of March 1976 16.895 — for the month of April 1976 16.976 — for the month of May 1976 17.056 — for the month of June 1976 17.137

(') 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 5.55419 1 u.a . = Dkr 7.57828 1 u.a . = £ 0.61332 1 u.a . = I £ 0.61332 1 u.a . = Lit 844.288