31976R0272

9. 2. 76 Official Journal of the European Communities No L 34/25

COMMISSION REGULATION (EEC) No 272/76

of 6 February 1976

fixing the components used to calculate the differential amounts for colza and rape seed

THE COMMISSION OF THE EUROPEAN Whereas under Article 2 ( 1 ) (b) of the aforementioned COMMUNITIES, Regulation the differential amounts for France, Italy, Ireland and the United Kingdom are to be determined by taking into account the incidence on the price of Having regard to the Treaty establishing the the average percentage difference between : European Economic Community, — the ratio between the conversion rate used for purposes of the common agricultural policy for Having regard to Council Regulation No the currency of the relevant Member State and 136/66/EEC of 22 September 1966 on the the actual parity of each of the currencies of the establishment of a common organization of the Member States which keep their exchange rates at market in oils and fats (*), as last amended by any given moment within a band of 2-25 % , and Regulation (EEC) No 1707/73 (2),

— the spot market rate recorded over a given period for the currency of the relevant Member State Having regard to Council Regulation (EEC) No against each of the currencies of the Member 1569/72 of 20 July 1972 laying down special States specified above ; measures for colza and rape seed (3), as last amended by Regulation (EEC) No 3477/73 (4), and in particular Article 2 (2) thereof, Whereas Regulation (EEC) No 2300/73 (5), as last amended by Commission Regulation (EEC) No 541 /75 (6), lays down detailed rules for the Whereas Article 2 ( 1 ) (a) of Regulation (EEC) No application of Regulation (EEC) No 1569/72; 1569/72 provides that the differential amounts for those Member States which keep their exchange rates at any given moment within a band of 2-25 % must Whereas, however, it has not been possible, since 21 be determined by taking into account the incidence January to establish spot exchange rates for the on prices of the percentage difference between : Italian lira on the Rome and Milan exchanges; whereas notwithstanding Article 4 of Commission — the conversion rate used for the purposes of the Regulation (EEC) No 2300/73 , the spot market rates common agricultural policy, and for the Italian lira against each of the currencies of those Member States which keep their exchange rates — the conversion rate resulting from the central within a spread at any given moment of 2-25 % rate ; should be calculated from quotations for the Italian lira recorded on the exchanges in these Member States ; Whereas this leads to the fixing of differential amounts which remain constant as long as the items used to calculate them remain unchanged; Whereas this method of determining the lira rate should be used until official average rates are once again available on the Rome and Milan exchanges ; Whereas, applying the method of calculating differential amounts to Denmark, no such amounts should be fixed for seeds harvested in that State and Whereas in view of the lack of official quotations and processed in or exported from that State; of the uncertainty as to future trends in the Italian economy in general and as to the trend of the lira in particular, the greatest caution should be shown;

(*) OJ No 172, 30. 9. 1966, p. 3025/66. (*) OJ No L 175, 29. 6. 1973, p. 5. (3) OJ No L 167, 25. 7. 1972, p. 9. (5) OJ No L 236, 24. 8 . 1973, p . 28 . (4) OJ No L 357, 28. 12. 1973, p. 6. («) OJ No L 57, 3 . 3 . 1975, p. 37.

No L 34/26 Official Journal of the European Communities 9. 2. 76

Whereas, accordingly, for the new establishment of (EEC) No 1569/72 shall be as specified in the Annex the differential components, a period longer than that hereto. normally to be taken under Article 3 of Regulation (EEC) No 2300/73 should be referred to ; whereas for Article 2 this purpose the period diosen should be that from 21 January to 3 February 1976; Notwithstanding Article 4 of Regulation (EEC) No Whereas, moreover, the period during which the 2300/73, until such time as official average rates fixed differential components thus established are applied each working day during official dealings on the should be relatively long in order to facilitate Rome and Milan foreign exchange markets are once stabilization of the situation; whereas this period again available, the spot market rates against each of should be set at two weeks provided that the lira the currencies of the Member States which keep their does not rise to any appreciable extent; exchange rates within a spread at any given moment of 2-25 % shall be the mean of the average rates fixed Whereas, applying the rules and criteria set out each working day on the foreign exchange markets of above, the components used to calculate the these Member States. differential amounts should be fixed in accordance with the table annexed to this Regulation ;

Article 3 Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Oils and Fats, 1 . This Regulation shall enter into force on 9 February 1976 .

HAS ADOPTED THIS REGULATION : 2. During the period up to 22 February 1976 the differential components for Italy shall be changed Article 1 only if the difference referred to in Article 2 ( 1 ) of Regulation (EEC) No 1569/72 is at least one point The components used to calculate the differential lower than the percentage taken as a basis for the amounts provided for in Article 1 of Regulation preceding determination.

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

Done at Brussels, 6 February 1976.

For the Commission

P. J. LARDINOIS

Member of the Commission

9 . 2 . 76 Official Journal of the European Communities No L 34 / 27

ANNEX

Target price Subsidy or refund corrective corrective Differential component (coefficient to be (coefficient to be (coefficient to be applied to the target price) (') applied) applied)

1 . Colza and rape seed, processed for oil + 0-1003 — 0-1003 + — production in Germany or exported from that country :

— harvested in Germany — harvested in the BLEU or in the Netherlands 0-0832 — harvested in France 0-0875 — harvested in Denmark 0-1003 — harvested in Ireland — 0-1516 — harvested in the United Kingdom 0-1644 — harvested in Italy 0-1631

2. Colza and rape seed, processed for oil production in the BLEU and in the — 0-0198 + — + 0-0198 Netherlands or re-exported from that country :

— harvested in Germany 0-0908 — harvested in the BLEU or in the Netherlands — harvested in France 0-0047 — harvested in Denmark 0-0198 — harvested in Ireland 0-0746 — harvested in the United Kingdom 0-0886 — harvested in Italy 0-0871

3 . Colza and rape seed, processed for oil Nil Nil + — production in Denmark or exported from that country :

— harvested in Germany 0-1115 — harvested in the BLEU or in the Netherlands 0-0202 — harvested in France 0-0142 — harvested in Denmark — harvested in Ireland 0-0571 — harvested in the United Kingdom 0-0713 — harvested in Italy 0-0698

4. Colza and rape seed, processed for oil production in France or exported from + 0-0140 — 0-0140 + — that country :

— harvested in Germany 0-0959 — harvested in the BLEU or in the Netherlands 0-0047 ■— harvested in France — harvested in Denmark 0-0140 — harvested in Ireland 0-0703 — harvested in the United Kingdom 0-0843 — harvested in Italy 0-0828

No L 34/28 Official Journal of the European Communities 9 . 2 . 76

Target price Subsidy or refund > corrective corrective Differential component (coefficient to be (coefficient to be (coefficient to be applied to the target price) (l) applied) applied)

5 . Colza and rape seed, processed for oil — 0-0767 + 0-0767 + — production in the United Kingdom or exported from that country :

— harvested in Germany 0-1968 — harvested in the BLEU or in the Netherlands 0-0972 — — harvested in France 0-0921 — — harvested in Denmark 0-0767 — harvested in Ireland 0-0153 — harvested in the United Kingdom — harvested in Italy 0-0016 —

6. Colza and rape seed, processed for oil — 0-0605 + 0-0605 + — production in Ireland or exported from that country :

— harvested in Germany 0-1787 — harvested in the BLEU or in the Netherlands 0-0806 — — harvested in France 0-0756 — — harvested in Denmark 0-0605 — harvested in Ireland — harvested in the United Kingdom 0-0151 — harvested in Italy — 0-0135

7. Colza and rape seed, processed for oil production in Italy or exported from — 0-0750 + 0-0750 + — that country :

— harvested in Germany 0-1948 — harvested in the BLEU or in the Netherlands 0-0954 *— — harvested in France 0-0903 — — harvested in Denmark 0-0750 — — harvested in Ireland 0-0137 — harvested in die United Kingdom __ 0-0016 — harvested in Italy — —

( l) For seed harvested in the United Kingdom and Denmark , the accession compensatory amount shall be deducted from the target price.