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DOCUMENTS "COM"
COM(81)762
Vol.1981/0216

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COMMISSION OFTHEEUROPEAN COMMUNITIES
COM(81)762 final.
Brussels,7décembre1981
•f
.//
PROPOSAL FORACOUNCILREGULATION (EEC)
amendingRegulation (EEC)n°652/79ontheimpactoftheEuropean
monetarysystemontheCommonAgricultural Policy
(submittedtotheCouncilbytheCommission )
C0M(81)762final.

PROPOSAL FORA
COUNCILRI.CUI.AiION(EEC)
amending Regulation (EEC )No652/79ontheimpact oftheEuropean monetary
system onthe Common Agricultural Policy
I'HE COUNCIL OFTHE EUROPEAN COMMUNITIES ,
Having regard totheVreaty establishing theEuropean Economic Community ,and
inparticular Articles 28,43and235 thereof ,
Having regard tocouncil Regulation Uo129 onthevalue oftheunit ofaccount
and the exchange rates tobeapplied for thepurposes oftheCommon
Agricultural Policy (l),aslast amended byRegulation (EEC )IJo2543 /73 (2),
and inparticular Article 3thereof ,
Having regard totheproposal from theCommission (3),
Having regard totheopinion oftheEuropean Parliament (4),
\vitercas Regulation (EEC )Ho652/79 (5),aslast amended byRegulation (EEC )
11o876/81 (6),introduced theEuropean monetary system into theCommon
Agricultural Policy for aperiod ending 31December 1981 ;
Whereas byanamendment toArticle 3(b )ofRegulation (EEC )No652/79,
Regulation (EEC )No1011 /80 (7)introduced anewsystem with regard tothe
franchises adopted forcalculating themonetary compensatory amounts ;whereas
pursuant totnesecond subparagraph ofArticle 5ofRegulation (EEC )No652/79
this system isalso limited to31December 1981 ;
(1)OJNo 106 ,30.10.1962 ,p.2553 /62
(2)OJNoL263 ,19.9.1973 ,p.1
(3)OJNoC57,7.3-1980 ,p.11
(4)OJHoC97,21.4-1980 ,p.1
(5)OJNoL84,4.4.1979 ,p.1
(6)OJNoL88,2.4-1981 ,p.28
(7)OJNoL108 ,26.4.1980 ,p.3

-2-
Whereas theCommission submitted totheCouncil proposals forconsolidating
all theagri-monetary rules and atthesame time introducing theECU into the
Common Agricultural Policy onapermanent basis ;whereas pending the
Council 'scontinuation ofitswork onthose proposals itisnecessary toadopt
asamatter ofurgency themeasures necessary toextend thevalidity of
Regulation (EEC )No6^2/79inorder toavoid theharmful consequences ofthe
lack ofadecision ;whereas experience shows that itisjustified to
introduce theECU into theCommon Agricultural Policy onapermanent basis ,
HAS ADOPTED THIS REGULATION :
Article 1
Thesecond subparagraph ofArticle 5ofRegulation (EEC )No652/79ishereby
deleted .
Article 2
This Regulation shall enter into force ontheday ofitspublication inthe
Official Journal oftheEuropean Communities .
Itshall apply from 1January 1982 .
This Regulation shall bebinding initsentirety anddirectly applicable in
all Member States .
Done atBrussels , 19&1 .
For the Council