31986R1458

No L 133 / 14 Official Journal of the European Communities 21. 5. 86

COUNCIL REGULATION (EEC) No 1458/86

of 13 May 1986

fixing for the 1986/87 marketing year the monthly increases in the target and intervention prices for colza and rape seed and sunflower seed

THE COUNCIL OF THE EUROPEAN COMMUNITIES, HAS ADOPTED THIS REGULATION :

Having regard to the Treaty establishing the European Article 1 Economic Community, 1 . For the 1986 / 87 marketing year, the amount of the Having regard to Council Regulation No 136/66/EEC monthly increases in the target and intervention prices of 22 September 1966 on the establishment of a common for colza and rape seed shall be 0,496 ECU per 100 organization of the market in oils and fats ('), as last kilograms. amended by Regulation (EEC) No 1454 / 86 (2), and in particular Article 25 thereof, 2 . The increases referred to in paragraph 1 shall apply for eight months . Having regard to the proposal from the Commission (3),

Article 2 Whereas, in accordance with Article 25 of Regulation No 136/66 /EEC, the amount by which the target and 1 . For the 1986/ 1987 marketing year, the amount of intervention prices for colza, rape seed and sunflower the monthly increases in the target and intervention seed are increased monthly from the beginning of the prices for sunflower seed shall be 0,591 ECU per 100 third month of the marketing year should be fixed for kilograms. the 1986 / 87 marketing year, and the number of months during which such increases are to be applied should be 2 . The increases referred to in paragraph 1 shall apply determined ; whereas this amount must be the same for for six months . both prices ; Article 3 Whereas such increases must be the same for each month and be fixed by reference to average storage and interest This Regulation shall enter into force on the third day charges recorded in the Community ; whereas average following its publication in the Official Journal of the storage charges should be determined on the basis of the European Communities. cost of storing the seed in suitable premises and of the handling charges necessary to keep the seed in good It shall apply : condition ; whereas interest charges may be calculated on — from 1 July 1986 as regards colza and rape seed, the basis of the rate considered normal for the pro­ duction areas , — from 1 August 1985 as regards sunflower seed .

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

Done at Brussels , 13 May 1986 .

For the Council

The President

W. F. van EEKELEN

O OJ No L 172 , 30 . 9 . 1966 , p. 3025 /66 . (2) See page 8 of this Official Journal . O OJ No C 85 , 14 . 4 . 1986, p. 18 .