CELEX: 31979R1789
Language: en
Date: 1979-08-11 00:00:00
Title: Commission Regulation (EEC) No 1789/79 of 10 August 1979 fixing the world market price for colza and rape seed

11 . 8 . 79                             Official Journal of the European Communities                        No L 203/ 57
                                   COMMISSION REGULATION (EEC) No 1789/79
                                                      of 10 August 1979
                               fixing the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                    seeds (7), as last amended by Regulation (EEC) No
COMMUNITIES,                                                       1754/79 (8);
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
                                                                  — in the case of currencies which are maintained in
of 22 September 1966 on the establishment of a
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
590/79 (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 (J), 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
                                                                                            Article 1
Committee,
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                                             Article 2
mined in accordance with the rules and the criteria
set out in Commission Regulation (EEC) No 1400/79                 This Regulation shall enter into force on 13 August
of 5 July 1979 fixing the amount of the subsidy on oil             1979 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States.
               Done at Brussels, 10 August 1979.
                                                                             For the Commission
                                                                              Finn GUNDELACH
                                                                                 Vice-President
(!) OJ   No 172, 30. 9. 1966, p. 3025/66.
(2) OJ   No L 78, 30. 3 . 1979, 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 168, 6. 7. 1979, p. 10.
(6) OJ   No L 143, 10. 6. 1977, p. 9.                              (8) OJ No L 201 , 9. 8 . 1979, p. 15.
 ---pagebreak--- No L 203/ 58                                Official Journal of the European Communities                                                            11 . 8 . 79
                                                                        ANNEX
                to the Commission Regulation of 10 August 1979 fixing the world market price for colza
                                                                    and rape seed
                                                                                                                                       (ECU / 100 kg) (>)
            CCT
           heading                                   Description                                                    World market price
             No
     ex 12.01           Colza and rape seed                                                                               23.182
                                                                                                                                       (ECU / 100 kg) (i)
                                                                                            World market price where the subsidy
            CCT                                                                              is fixed in advance for the month of
           heading                       Description
             No
                                                                         August      September       October      November     December      January
                                                                          1979          1979           1979          1979         1979         1980
     ex 12.01           Colza and rape seed                             23.182        23.182         23-182        23-108      23-108       23.402
     (') The conversion rates from ECU into national currency as foreseen by Article 9 (5) (a) of Regulation (EEC) No 2300/73 are the following :
         1 ECU = DM              2.51064
         1 ECU = Fl              2.72077
         1 ECU - Bfr/ Lfr       39.4582
         1 ECU = FF              5.79831
         1 ECU = Dkr             7.08592
         1 ECU - I £             0.662638
         1 ECU = £               0.600821
         1 ECU = Lit         1 119.94