12.6.76 OfficialJournaloftheEuropeanCommunities NoL153/39
COMMISSION REGULATION (EEC)No1356/76
of11June1976
onthemonetarycompensatory amountsandthedifferentialamountsappli­
cableinrespectofmovementsintheIrishpoundandthepoundsterling
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulationNo136/66/EEC
of22September1966ontheestablishment ofa
commonorganization ofthemarketinoilsand
fats(•),aslastamendedbyRegulation (EEC)No
1707/73(2),1380/75of29May1975layingdowndetailedrules
fortheapplicationofmonetarycompensatory
amounts(n),aslastamendedbyRegulation (EEC)No
1040/76(12),andinArticle3ofCommissionRegula­
tion(EEC)No2300/73of23August1973ondetailed
rulesforapplyingthedifferentialamountsforcolza
andrapeseed(13),aslastamendedbyRegulation
(EEC)No632/75(14),namelytheperiodwhichbegan
on2June1976,thepoundsterlingandtheIrish
poundunderwentspeculativemovements ;whereas,
forthatreason,theratesrecordedduringtheperiodin
questioncannotbeconsideredasrepresentative ;
whereasthoserateshavesinceimproved,thuselimi­
natingthedisparityrecordedintheabovemeritioned
period;whereasitisthereforeappropriatetotakeno
accountofthoseratesandtomakenoamendement
forthepresenttothemonetarycompensatory
amountsandthedifferentialamountsrelatingtothe
currenciesinquestion;
WhereastherelevantManagementCommitteeshave
notdeliveredopinionswithinthetimelimitssetby
theirChairmen,HavingregardtoCouncilRegulation (EEC)No
974/71of12May1971oncertainmeasuresof
conjunctural policytobetakeninagriculture
followingthetemporarywideningofthemarginsof
fluctuation forthecurrenciesofcertainMember
States(3),aslastamendedbyRegulation (EEC)No
557/76(4),andinparticularArticle6thereof,
HavingregardtoCouncilRegulation (EEC)No
1569/72of20July1972layingdownspecial
measuresforcolzaandrapeseed(5),aslastamended
byRegulation(EEC)No3477/73(6),andinparticular
Articles2(2)and7thereof,HASADOPTEDTHISREGULATION :
Article1Whereasthemonetarycompensatory amountsintro­
ducedbyRegulation(EEC)No974/71werefixedby
Commission Regulation (EEC)No572/76of15
March1976(7),aslastamendedbyRegulation(EEC)
No1312/76(8);whereasthecomponentsusedto
calculatethedifferentialamountswerefixedby
Commission Regulation (EEC)No654/76of24
March1976(9),aslastamendedbyRegulation(EEC)
No1306/76(10);BywayofderogationfromArticle3ofRegulation
(EEC)No2300/73andfromArticle2ofRegulation
(EEC)No1380/75,thecomponentsusedtocalculate
thedifferentialamountsandthemonetarycompensa­
toryamountsrelatingtomovementsintheIrish
poundandthepoundsterlingandapplicablewith
effectfrom7June1976shallcontinuetoapply
duringtheperiodcommencing 14June1976.
whereasduringthereferenceperiodlaiddownin
Article2ofCommission Regulation (EEC)No
Article2
(5)OJNoL172,30.9.1966,p.3025/66.
ThisRegulation ,shallenterintoforceon14June
1976.2)OJNoL175,29.6.1973,p.5.
3)OJNoL106,12.5.1971,p.1.
4)OJNoL67,15.3.1976,p.1.
5)OJNoL167,25.7.1972,p.9.
<>)OJNoL357,28.12.1973,p.6.
7)OJNoL68,15.3.1976,p.5.
8)OJNoL148,5.6.1976,p.1.
9)OJNoL79,25.3.1976,p.29.
10)OJNoL146,4.6.1976,p.19.('■)OJNoL139,30.5.1975,p.37.
(12)OJNoL118,5.5.1976,p.12.
(»)OJNoL236,24.8.1973,p.28.
>4)OJNoL66,13.3.1975,p.11.

NoL153/40 OfficialJournaloftheEuropeanCommunities 12.6.76
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,11June1976.
FortheCommission
P.J.LARDINOIS
MemberoftheCommission