CELEX: 31979R1266
Language: en
Date: 1979-06-25 00:00:00
Title: Council Regulation (EEC) No 1266/79 of 25 June 1979 amending, with respect to the pound sterling and the French franc, Regulation (EEC) No 878/77 on the exchange rates to be applied in agriculture

Avis juridique important

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31979R1266

Council Regulation (EEC) No 1266/79 of 25 June 1979 amending, with respect to the pound sterling and the French franc, Regulation (EEC) No 878/77 on the exchange rates to be applied in agriculture  

Official Journal L 161 , 29/06/1979 P. 0004 - 0005

****( 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 89 , 9 . 4 . 1979 , P . 1 .    COUNCIL REGULATION ( EEC ) NO 1266/79   OF 25 JUNE 1979   AMENDING , WITH RESPECT TO THE POUND STERLING AND THE FRENCH FRANC , 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 705/79 ( 4 ); WHEREAS A REPRESENTATIVE RATE CLOSER TO ECONOMIC REALITY SHOULD BE FIXED FOR THE FRENCH FRANC AND THE POUND STERLING ;   WHEREAS THE ADJUSTMENT OF THESE RATES SHOULD TAKE ACCOUNT OF ITS EFFECTS IN PARTICULAR ON PRICES AND ALSO OF THE SITUATION OBTAINING IN THE MEMBER STATES CONCERNED ; WHEREAS FOR THIS REASON IN PARTICULAR THE NEW RATES SHOULD GENERALLY BE APPLIED WITHIN A REASONABLE PERIOD , COINCIDING IF POSSIBLE WITH THE BEGINNING OF THE MARKETING YEAR OR WITH A CHANGE IN PRICES , ALTHOUGH IMMEDIATE IMPLEMENTATION SHOULD NOT BE RULED OUT IN CERTAIN CASES ;   WHEREAS , TO AVOID DIFFERENT TREATMENT FOR INTERDEPENDENT PRODUCTS , IT SEEMS NECESSARY TO STIPULATE THAT THE NEW RATES SHALL APPLY TO SUGAR AND ISOGLUCOSE FROM THE SAME DATE ; WHEREAS FOR THE SAME REASONS THERE SHOULD BE A SINGLE DATE FOR THE APPLICATION OF THE NEW RATES IN THE CEREALS SECTOR AND THE EGGS , POULTRY , OVALBUMIN AND LACTALBUMIN SECTOR ;   WHEREAS THE MONETARY COMMITTEE WILL BE CONSULTED ; WHEREAS , IN VIEW OF THE URGENCY INVOLVED , THE MEASURES ENVISAGED SHOULD BE ADOPTED IN ACCORDANCE WITH THE CONDITIONS LAID DOWN IN ARTICLE 3 ( 2 ) OF REGULATION NO 129 ,   HAS ADOPTED THIS REGULATION :   ARTICLE 1   1 .  ARTICLE 2A ( 3 ) ( A ) OF REGULATION ( EEC ) NO 878/77 SHALL BE REPLACED BY THE FOLLOWING TEXT :   ' 3 . ( A ) THE REPRESENTATIVE RATE OF ONE FRENCH FRANC À 0.181501 ECU SHALL APPLY WITH EFFECT FROM :   -  1 JULY 1979 FOR THE ISOGLUCOSE SECTOR ,   -  1 AUGUST 1979 FOR THE EGGS , POULTRY , OVALBUMIN AND LACTALBUMIN SECTOR ,   -  16 DECEMBER 1979 FOR THE WINE SECTOR ; OTHER DATES MAY , HOWEVER , BE LAID DOWN FOR DISTILLATION OPERATIONS ,   -  1 JANUARY 1980 FOR THE FISHERY PRODUCTS SECTOR ,   -  THE DATE OF THE FIXING OF THE AMOUNT OF AID TO PRODUCERS IN RESPECT OF THE 1978 CROP FOR THE HOPS SECTOR ,   -  THE BEGINNING OF THE 1979/80 MARKETING YEAR FOR OTHER PRODUCTS FOR WHICH THE MARKETING YEAR HAS NOT YET COMMENCED ON THE DATE OF ENTRY INTO FORCE OF REGULATION ( EEC ) NO 1266/79 ,   -  2 JULY 1979 IN ALL OTHER CASES . '   2 .  ARTICLE 2A ( 5 ) OF REGULATION ( EEC ) NO 878/77 SHALL BE REPLACED BY THE FOLLOWING :   ' 5 .  BY WAY OF DEROGATION FROM PARAGRAPH 2 , AS REGARDS THE POUND STERLING , THE REPRESENTATIVE RATE OF ONE POUND STERLING À 1.72039 ECU SHALL APPLY WITH EFFECT FROM :   -  1 JULY 1979 FOR THE ISOGLUCOSE SECTOR ,   -  1 AUGUST 1979 FOR THE EGGS , POULTRY , OVALBUMIN AND LACTALBUMIN SECTOR ,   -  16 DECEMBER 1979 FOR THE WINE SECTOR ; OTHER DATES MAY , HOWEVER , BE LAID DOWN FOR DISTILLATION OPERATIONS ,   -  1 JANUARY 1980 FOR THE FISHERY PRODUCTS SECTOR ,   -  THE DATE OF THE FIXING OF THE AMOUNT OF AID TO PRODUCERS IN RESPECT OF THE 1978 CROP FOR THE HOPS SECTOR ,   -  THE BEGINNING OF THE 1979/80 MARKETING YEAR FOR OTHER PRODUCTS IN RESPECT OF WHICH THE MARKETING YEAR HAS NOT YET BEGUN AT THE DATE OF ENTRY INTO FORCE OF REGULATION ( EEC ) NO 1266/79 ,   -  2 JULY 1979 FOR THE PIGMEAT SECTOR AND ALL OTHER CASES . '   ARTICLE 2   THIS REGULATION SHALL ENTER INTO FORCE ON THE DAY OF 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 LUXEMBOURG , 25 JUNE 1979 .   FOR THE COUNCIL   THE PRESIDENT   J . LE THEULE