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( 1 ) OJ NO 172 , 30 . 9 . 1966 , P . 3025/66 .

( 2 ) OJ NO L 73 , 27 . 3 . 1972 , P . 14 .

( 3 ) OJ NO L 73 , 27 . 3 . 1972 , P . 5 .

( 4 ) OJ NO 197 , 29 . 10 . 1966 , P . 3393/66 .

( 5 ) OJ NO L 133 , 10 . 6 . 1972 , P . 1 .

( 6 ) OJ NO L 57 , 2 . 3 . 1973 , P . 5 .

( 7 ) OJ NO L 222 , 2 . 10 . 1971 , P . 2 .

( 8 ) OJ NO L 282 , 23 . 12 . 1971 , P . 18 .

REGULATION ( EEC ) NO 688/73 OF THE COMMISSION OF 8 MARCH 1973 AMENDING REGULATION ( EEC ) NO 1204/72 LAYING DOWN DETAILED RULES FOR THE APPLICATION OF THE SUBSIDY SYSTEM FOR OIL SEEDS

THE COMMISSION OF THE EUROPEAN COMMUNITIES ,

HAVING REGARD TO THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY ;

HAVING REGARD TO COUNCIL REGULATION NO 136/66/EEC ( 1 ) OF 22 SEPTEMBER 1966 ON THE ESTABLISHMENT OF A COMMON ORGANIZATION OF THE MARKET IN OILS AND FATS , AS LAST AMENDED BY THE ACT ( 2 ) ANNEXED TO THE TREATY ( 3 ) CONCERNING THE ACCESSION OF NEW MEMBER STATES TO EUROPEAN ECONOMIC COMMUNITY AND THE EUROPEAN ATOMIC ENERGY COMMUNITY , SIGNED AT BRUSSELS ON 22 JANUARY 1972 , AND IN PARTICULAR ARTICLE 27 ( 5 ) THEREOF ;

HAVING REGARD TO COUNCIL REGULATION NO 162/66/EEC ( 4 ) OF 27 OCTOBER 1966 ON TRADE IN OILS AND FATS BETWEEN THE COMMUNITY AND GREECE , AND IN PARTICULAR ARTICLE 8 THEREOF ;

WHEREAS ARTICLE 38 OF COMMISSION REGULATION ( EEE ) NO 1204/72 ( 5 ) OF 7 JUNE 1972 , LAYING DOWN RULES FOR THE APPLICATION OF THE SUBSIDY SYSTEM FOR OIL SEEDS , AS LAST AMENDED BY REGULATION ( EEC ) NO 598/73 ( 6 ) , FIXES THE CALCULATION METHOD FOR EACH MONTH OF THE CORRECTIVE AMOUNT REFERRED TO IN ARTICLE 7 OF COUNCIL REGULATION ( EEC ) NO 2114/71 ( 7 ) OF 28 SEPTEMBER 1971 , ON THE SUBSIDY FOR OIL SEEDS , AS AMENDED BY REGULATION ( EEC ) NO 2730/71 ( 8 ) ;

WHEREAS THE CORRECTIVE AMOUNT SHOULD IN PARTICULAR TAKE INTO ACCOUNT THE DEVELOPMENT OF THE PRICES OF SEEDS ON THE WORLD MARKET ; WHEREAS TAKING INTO ACCOUNT THE EXPERIENCE ACQUIRED , THE CRITERIA APPLICABLE TO THE DETERMINING OF THIS DEVELOPMENT IN THE ABSENCE OF PRICES FOR THESE SEEDS SHOULD BE ADJUSTED ;

WHEREAS THE MEASURES PROVIDED FOR IN THIS REGULATION ARE IN ACCORDANCE WITH THE OPINION OF THE MANAGEMENT COMMITTEE FOR OILS AND FATS ,

HAS ADOPTED THIS REGULATION :

ARTICLE 1

THE NEXT OF PARAGRAPH 3 OF ARTICLE 38 OF REGULATION ( EEC ) NO 1204/72 SHALL BE REPLACED BY THE FOLLOWING TEXT :

" 3 . IF NO OFFER AND NO PRICE FOR A TYPE OF SEED CAN BE USED FOR THE PURPOSE OF DETERMINING :

( A ) FOR THE PRICE LAID DOWN IN PARAGRAPH 2 ( A ) , THE PRICE TO BE TAKEN INTO CONSIDERATION IS THAT WHICH IS DETERMINED IN ACCORDANCE WITH ARTICLES 2 , 3 AND 6 OF REGULATION NO 115/67/EEC .

( B ) FOR AT LEAST TWO CONSECUTIVE MONTHS OF THE FORWARD PRICE REFERRED TO IN PARAGRAPH 2 ( B ) THE PRICE TO BE TAKEN INTO CONSIDERATION FOR EACH OF THESE MONTHS IS THE ONE WHICH HAS BEEN DETERMINED BY APPLYING THE CRITERIA LAID DOWN IN ARTICLES 2 AND 3 OF REGULATION NO 115/67/EEC , AND VALID FOR A SHIPMENT EFFECTED DURING THIS MONTH " .

ARTICLE 2

THIS REGULATION SHALL ENTER INTO FORCE ON THE DAY FOLLOWING ITS PUBLICATION IN THE OFFICIAL JOURNAL OF THE EUROPEAN COMMUNITIES .

THIS REGULATION SHALL BE BINDING IN ITS ENTIRETY AND DIRECTLY APPLICABLE IN ALL MEMBER STATES .

DONE AT BRUSSELS , 8 MARCH 1973 .

FOR THE COMMISSION

THE PRESIDENT

FRANCOIS-XAVIER ORTOLI