CELEX: 31979R0473
Language: en
Date: 1979-03-10
Title: Commission Regulation (EEC) No 473/79 of 9 March 1979 fixing the world market price for colza and rape seed

10 . 3 . 79                               Official Journal of the European Communities                          No L 59 / 11
                                       COMMISSION REGULATION ( EEC) No 473/79
                                                          of 9 March 1979
                                  fixing the world market price for colza and rape seed
 THE COMMISSION OF THE EUROPEAN                                       subsidy on oil seeds (7), as last amended by Regulation
 COMMUNITIES,                                                         (EEC) No 457/79 (*) ;
 Having regard to the Treaty establishing the European                Whereas, if the price system is to operate normally,
 Economic Community,                                                  the world market price should be calculated on the
                                                                      following basis :
 Having regard to Council Regulation No 136/66/ EEC
 of 22 September 1966 on the establishment of a                       — in the case of currencies which are maintained in
 common organization of the markets in oils and                            relation to each other at any given moment within
 fats ('), as last amended by Regulation (EEC) No                          a band of 2-25 % , a rate of exchange based on
 1 562/78 (2),                                                             their effective parity ;
                                                                      — for other currencies, an exchange rate based on the
 Having regard to Council Regulation (EEC) No                              arithmetic mean of the spot market rates of each
 1569/72 of 20 July 1972 laying down special                               of these currencies recorded for a given period in
 measures for colza and rape seed (3), as last amended                     relation to the Community currencies referred to
 by Regulation (EEC) No 852/78 (4),                                        in the previous indent ;
 Having regard to Commission Regulation (EEC) No                      Whereas it follows from applying these provisions
 2300/73 of 23 August 1973 laying down detailed                       that the world market price for colza and rape seed
 rules for applying differential amounts for colza and                should be as set out in the Annex hereto,
 rape seed and repealing Regulation (EEC) No
 1464/73 (5), as last amended by Regulation (EEC) No
 1 234/77 (6), and in particular Article 9(4) thereof,                HAS ADOPTED THIS REGULATION :
 Having regard to the opinion of the Monetary
 Committee,                                                                                     Article 1
Whereas, pursuant to Article 9 (4) of Regulation (EEC)               The world market price referred to in Article 9 (4) of
 No 2300/73 , the Commission must determine the                       Regulation (EEC) No 2300/73 shall be as set out in
                                                                      the Annex hereto .
world market price for colza and rape seed ;
 Whereas the world market price should be deter­                                                A rticle 2
 mined in accordance with the rules and the criteria
set out in Commission Regulation (EEC) No 3048/78                    This Regulation shall enter into force on 12 March
of 22 December 1978 fixing the amount of the                          1979 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
                Done at Brussels, 9 March 1979 .
                                                                                 For the Commission
                                                                                  Finn GUNDELACH
                                                                                     Vice-President
(>)  OJ   No 172, 30 . 9 . 1966, p . 3025/66 .
(2 ) OJ   No L 185, 7 . 7. 1978 , p. 1 .
(3 ) OJ   No L 167, 25. 7. 1972, p. 9 .
(4)  OJ   No L 116, 28 . 4. 1978 , p. 6.
(5) OJ    No L 236, 24. 8 . 1973 , p . 28 .                          ( 7) OJ No L 361 , 23 . 12. 1978 , p . 18 .
(b) OJ    No L 143, 10 . 6 . 1977, p . 9 .                           (8) OJ No L 57, 8 . 3 . 1979 , p. 28 .
 ---pagebreak--- No L 59 / 12                                     Official Journal of the European Communities                                                        10 . 3 . 79
                                                                         ANNEX
                    to the Commission Regulation of 9 March 1979 fixing the world market price for colza
                                                                      and rape seed
                                                                                                                                        u.a./100 kg) (')
               CCT
             heading                                      Description                                               World market price
                No
      ex 12.01               Colza and rape seed                                                                          19-038
                                                                                                                                        („,!./100 kg) (')
                                                                                           World market price where the subsidy
               CCT                                                                           is fixed in advance for the month of
             heading                          Description
                No                                                       March         April            May          June         July        August
                                                                          1979         1979            1979          1979         1979          1979
      ex 12.01               Colza and rape seed                        19-038       19-038          19-038        18-977       18-551       18-551
    • (') The conversion rates from units of account into national currency as foreseen by Article 9 ( 5) (a ) of Regulation ( EEC) No 2300 / 73 are the
          following :
           I u.a . = DM              3-03524
           I u.a . - I ; l           .3.28928
           1 u.a . = Btr / Lfr      47-7031
           1  u.a . =■ f* F*         6.97496
           I u.a . =   Dkr           8-56656
           I u.a . -   V             0-809979
           1 u.a . =   I V           0-809979
           1 u.a . =   Lit       1 375.42