31976R0812

No L 94/ 2 Official Journal of the European Communities 9 . 4 . 76

COUNCIL REGULATION (EEC) No 812/76 of 6 April 1976 fixing for the 1976/77 marketing year the monthly increase in the target and intervention prices for oil seeds

THE COUNCIL OF THE EUROPEAN marketing year should be fixed at a level higher than COMMUNITIES, that of the preceding marketing year ; Having regard to the Treaty establishing the European Whereas the experience gained during the 1975/76 Economic Community, marketing year and harvest forecasts do not justify determining, for the 1976/77 marketing year, a Having regard to Council Regulation No 136/66/EEC number of monthly increases different from that laid of 22 September 1966 on the establishment of a down for the preceding marketing year, common organization of the market in oils and fats ( 1), as last amended by Regulation (EEC) No 1 707/73 (2), and in particular Article 25 thereof, HAS ADOPTED THIS REGULATION : Having regard to the proposal from the Commission,

Whereas, in accordance with Article 25 of Regulation Article 1 No 136/66/EEC, the amount by which the target and intervention prices for colza, rape seed and sunflower 1 . For the 1976/77 marketing year, the amount of seeds are increased monthly from the beginning of the monthly increases applicable to colza and rape the third month of the marketing year should be fixed seed shall be 0-304 unit of account per 100 kg. for the 1976/77 marketing year, and the number of 2. These increases shall apply for seven months. months during which such increases are to be applied should be determined ; whereas such amount must be the same for both prices ; Article 2

Whereas such increases must be the same for every 1 . For the 1976/77 marketing year, the amount of month and be fixed by reference to average storage the monthly increases applicable for sunflower seed and interest charges recorded in the Community ; shall be 0-355 unit of account per 100 kg. whereas average storage charges should be determined on the basis of the cost of storing the seed in suitable 2. These increases shall apply for five months. premises and of the handling charges necessary to keep the seed in good condition ; whereas interest Article 3 charges may be calculated on the basis of the rate considered as normal for the production areas ; This Regulation shall enter into force on the third day Whereas, taking into account the aforesaid require­ following its publication in the Official Journal of ments, the monthly increases for the 1976/77 the European Communities.

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

Done at Luxembourg, 6 April 1976.

For the Council

The President

J. HAMILIUS

(') OJ No 172, 30 . 9 . 1966, p. 3025/66. (2) OJ No L 175, 29. 6. 1973, p. 5.