31976R1714

16 . 7 . 76 Official Journal of the European Communities No L 192 / 21

COMMISSION REGULATION ( EEC) No 1714/ 76 of 15 July 1976 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 each 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 establishment on their effective parity ; of a common organization of the markets in oils and — for other currencies an exchange rate based on the fats ( '), as last amended by Regulation ( EEC) No arithmetic mean of the spot market rates of each 1 707/ 73 (-'), of these currencies recorded for a given period, in Having regard to Council Regulation ( EEC) No relation to the Community currencies referred to 1569 /72 of 20 July 1972 laying down special in the previous subparagraph ; measures for colza and rape seed (3), 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 of 23 August 1973 laying down detailed rules for applying differential amounts for colza and rape seed and repealing Regulation ( EEC) No HAS ADOPTED THIS REGULATION : 1 464/73 (5 ), as last amended by Regulation ( EEC) No 632/75 (6), and in particular Article 9 (4) thereof, Article 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 Article 2 set out in Commission Regulation ( EEC) No 1713/76 of 15 July 1976 fixing the amount of the subsidy on This Regulation shall enter into force on 16 July oil seeds ( 7) ; 1976 .

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

Done at Brussels, 15 July 1976 .

For the Commission

P.J. LARDINOIS Member of the Commission

(') 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. (*) 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) See page 17 of this Official Journal .

No L 192/ 22 Official Journal of the European Communities 16 . 7 . 76

ANNEX

World market price applicable from 16 July 1976 for colza and rape seed ( CCT heading No ex 12.01

u.aJ1 00 k u ( i) world market price 231 67 World market price where the subsidy is fixed in advance : — for the month of July 1976 231 67 — for the month of August 1976 231 67 — for the month of September 1976 23-328 — for the month of October 1976 23.489 — for the month of November 1976 23 651 — for the month of December 1976 23-651

(') 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 : I u.a = DM 3-21978 I u.a = Fl 3-35507 I u.a Bfr/ Lfr 48-6572 I u. a = FF . 5-8633 1 I u. a = Dkr 7-57828 I u .a = s: 0-688676 I u.a = li' 0-688676 I u. a = Lit 1 035-65