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DOCUMENTS "COM"
COM(79)493
Vol.1979/0170

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COMMISSION OFTHEEUROPEAN COMMUNITIES
COM(79)493final
Brussels,14September 1979
.Xf/: -\\
1\
V
Proposalfora
COUNCILREGULATION (EEC)
amending/withrespecttotheGermanmarkandthecurrenciesofthe
Beneluxcountries.Regulation (EEC)No878/77ontheexchangerates
tobeappliedinagriculture
(presentedbytheCommissiontotheCouncil)
C0M(79)493final

EXPLANATORY MEMORANDUM
Intheseeds sector theamount oftheaid forthe 1979-80 marketing year was
fixed in1978 ,andapplication ofthenewrepresentative rates decided onby
the Council of22June 1979 forGermany and theBenelux countries would lead
toafall innational currency .
' I ■
This proposal postpones theapplication ofthenew representative rates tothe
beginning of1980-81 marketing year intheseeds sector inorder toremedy
this situation .

PROPOSAL FOR
COUNCIL REGULATION (EEC)No /79
of
amending ,with respect totheGerman mark andthecurrencies ofthe
Benelux countries ,Regulation (EEC)No878/77ontheexchange rates to
beapplied inagriculture
THECOUNCIL OFTHEEUROPEAN COMMUNITIES ,
Having regard totheTreaty establishing theEuropean Economic Community ,
Having regard toCouncil Regulation No129onthevalue oftheunit ofaccount
andtheexchange rates tobeapplied forthepurposes ofthecommon
agricultural policy (1),aslast amended byRegulation (EEC)No2543/73(2),
andinparticular Article 3thereof ,
I'•' 1
Having regard totheproposal from theCommission ,:
Whereas therepresentative rates currently applicable were fixed byCouncil
Regulation (EEC)No878/77of26April 1977 ,<3),asLast amended by
Regulation (EEC)No1266 /79 (4);whereas thedates ofentry
into force ofsuch representative rates were fixed bythei.same
provisions ;whereas ,intheseeds sector ,itwould appear preferable
totake account ofthe fact that theaidwhich maycurrently be
granted was fixed for aperiod oftwomarketing years bydelaying theentry into
effect ofthenewrepresentative rates until thebeginning ofthe 1980 /81
marketing year forcurrencies whose representative rates have been revalued ;
Whereas theMonetary Committee will beconsulted andwhereas ,inview ofthe
urgency ofthesituation ,itisappropriate toadopt themeasures envisaged
under theconditions provided forinArticle 3(2 ),ofRegulation No129 ,
(1)0JNo106 ,30.10.1962 ,p.2553 /62
(2)0JNoL263 ,19.9.1973 ,p. 1 'i
(3)0JNoL106 ,29.4.1977 ,P-27
W 0JNoL161 ,29.6.1979 ,p.4

-2-
HAS ADOPTED THIS REGULATION :
Article 1
InArticle 2aofRegulation (EEC )No878/77,paragraph 7shall bereplaced by
following paragraph :
n7.Bywayofderogation from paragraph 2asregards
(a)theBelgian franc andtheLuxembourg franc ,therepresentative rate
of 1Belgian franc /Luxembourg franc =0.0246335 ECU ;
(b)theGerman mark ,therepresentative rate of 1German mark =0.359271
ECU ;
(c)theNether lands guilder ,therepresentative rate of1Netherlands
guilder =0.357252 ECU
shall apply with effect from :
-1July 1979 for theisoglucose sector ;
-1August 1979 fortheeggs ,poultry ,ovalbumin andlactalbumin sector ;
-1November 1979 for the pigmeat sector ;
-16December 1979 forthewine sector ;
however ,other dates may befixed fordistillation operations ;
-1January 1980 forthefishery products sector ;
-1July 1980 fortheseeds sector ; !
-thebeginning ofthe 1979 /80marketing year forother products forwhich
themarketing year has notbegun onthedate oftheentry into force of
Regulation (EEC )No1265/79;
-2July 1979 inall other cases . 1
However ,asregards themilk andmilk products sector ,therepresentative
rate referred toinparagraph 2shall remain valid ". ;
Article 2
This Regulation shall enter into force onthedayofitspublication intheOfficial
Journal oftheEuropean Communities . –
inall-It–shaUr-
This Regulation shall bebinding initsentirety anddirectly applicable
Member States .
Done atBrussels , For the Council