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COUNCIL REGULATION ( EEC ) NO 2047/79

OF 18 SEPTEMBER 1979

AMENDING , WITH RESPECT TO THE GERMAN MARK AND THE CURRENCIES OF THE BENELUX COUNTRIES , REGULATION ( EEC ) NO 878/77 ON THE EXCHANGE RATES TO BE APPLIED IN AGRICULTURE

THE COUNCIL OF THE EUROPEAN COMMUNITIES ,

HAVING REGARD TO THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY ,

HAVING REGARD TO COUNCIL REGULATION NO 129 ON THE VALUE OF THE UNIT OF ACCOUNT AND THE EXCHANGE RATES TO BE APPLIED FOR THE PURPOSES OF THE COMMON AGRICULTURAL POLICY ( 1 ) , AS LAST AMENDED BY REGULATION ( EEC ) NO 2543/73 ( 2 ) , AND IN PARTICULAR ARTICLE 3 THEREOF ,

HAVING REGARD TO THE PROPOSAL FROM THE COMMISSION ,

WHEREAS THE REPRESENTATIVE RATES CURRENTLY APPLICABLE WERE FIXED BY COUNCIL REGULATION ( EEC ) NO 878/77 OF 26 APRIL 1977 ON THE EXCHANGE RATES TO BE APPLIED IN AGRICULTURE ( 3 ) ; AS LAST AMENDED BY REGULATION ( EEC ) NO 1266/79 ( 4 ) ; WHEREAS THE DATES OF THE ENTRY INTO FORCE OF THESE REPRESENTATIVE RATES WERE FIXED BY THE SAME PROVISIONS ; WHEREAS IN THE SEEDS SECTOR IT APPEARS PREFERABLE TO TAKE ACCOUNT OF THE FACT THAT THE AID WHICH MAY CURRENTLY BE GRANTED WAS FIXED FOR A PERIOD OF TWO MARKETING YEARS BY DELAYING THE ENTRY INTO EFFECT OF THE NEW REPRESENTATIVE RATES UNTIL THE BEGINNING OF THE 1980/81 MARKETING YEAR FOR CURRENCIES WHOSE REPRESENTATIVE RATES HAVE BEEN REVALUED ;

WHEREAS THE MONETARY COMMITTEE WILL BE CONSULTED ; WHEREAS , IN VIEW OF THE URGENCY INVOLVED , THE MEASURES ENVISAGED SHOULD BE ADOPTED UNDER THE CONDITIONS PROVIDED FOR IN ARTICLE 3 ( 2 ) OF REGULATION NO 129 ,

HAS ADOPTED THIS REGULATION :

ARTICLE 1

IN ARTICLE 2A OF REGULATION ( EEC ) NO 878/77 , PARAGRAPH 7 SHALL BE REPLACED BY THE FOLLOWING PARAGRAPH :

" 7 . BY WAY OF DEROGATION FROM PARAGRAPH 2 WITH RESPECT TO :

( A ) THE BELGIAN FRANC AND THE LUXEMBOURG FRANC , THE REPRESENTATIVE RATE OF ONE BELGIAN FRANC/LUXEMBOURG FRANC = 0,0246335 ECU ;

( B ) THE GERMAN MARK , THE REPRESENTATIVE RATE OF ONE GERMAN MARK = 0,359271 ECU ;

( C ) THE DUTCH GUILDER , THE REPRESENTATIVE RATE OF ONE DUTCH GUILDER = 0,357252 ECU

SHALL APPLY WITH EFFECT FROM :

- 1 JULY 1979 FOR THE ISOGLUCOSE SECTOR ,

- 1 AUGUST 1979 FOR THE EGGS , POULTRY , OVALBUMIN AND LACTALBUMIN SECTOR .

- 1 NOVEMBER 1979 FOR THE PIGMEAT SECTOR ,

- 16 DECEMBER 1979 FOR THE WINE SECTOR ; HOWEVER , OTHER DATES MAY BE LAID DOWN FOR DISTILLATION OPERATIONS ,

- 1 JANUARY 1980 FOR THE FISHERY PRODUCTS SECTOR ,

- 1 JULY 1980 FOR THE SEEDS SECTOR ,

- THE BEGINNING OF THE 1979/80 MARKETING YEAR FOR THE OTHER PRODUCTS FOR WHICH THE MARKETING YEAR HAS NOT BEGUN ON THE DATE OF THE ENTRY INTO FORCE OF REGULATION ( EEC ) NO 1265/79 ,

- 2 JULY 1979 IN ALL OTHER CASES .

HOWEVER , WITH REGARD TO THE MILK AND MILK PRODUCTS SECTOR , THE REPRESENTATIVE RATE REFERRED TO IN PARAGRAPH 2 SHALL REMAIN VALID . "

ARTICLE 2

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

IT SHALL APPLY AS FROM 29 JUNE 1979 .

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

DONE AT BRUSSELS , 18 SEPTEMBER 1979 .

FOR THE COUNCIL

THE PRESIDENT

J . GIBBONS

( 1 ) OJ NO 106 , 30 . 10 . 1962 , P . 2553/62 .

( 2 ) OJ NO L 263 , 19 . 9 . 1973 , P . 1 .

( 3 ) OJ NO L 106 , 29 . 4 . 1977 , P . 27 .

( 4 ) OJ NO L 161 , 29 . 6 . 1979 , P . 4 .