CELEX: 31980R2592
Language: en
Date: 1980-10-10 00:00:00
Title: Commission Regulation (EEC) No 2592/80 of 9 October 1980 fixing the world market price for colza and rape seed

No L 267/ 12                                 Official Journal of the European Communities                           10 . 10 . 80
                                       COMMISSION REGULATION (EEC) No 2592/80
                                                           of 9 October 1980
                                   fixing the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                          oil seeds (7), as last amended by Regulation (EEC) No
COMMUNITIES,                                                            2591 /80 (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
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
 1917/80 (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
 1162/80 (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                                                  Article 2
mined in accordance with the rules and the criteria
set out in Commission Regulation (EEC) No 2053/80                      This Regulation shall enter into force on 10 October
of 31 July 1980 fixing the amount of the subsidy on                     1980 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels, 9 October 1980 .
                                                                                  For the Commission
                                                                                   Finn GUNDELACH
                                                                                       Vice-President
(') OJ    No 172, 30 . 9 .  1966, p . 3025/66.
(2) OJ    No L 186, 19 .   7. 1980,   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 200, 1 . 8 . 1980, p. 44.
(6) OJ    No L 118, 9 . 5. 1980, p. 25.                                (8) See page 10 of this Official Journal .
 ---pagebreak--- 10 . 10 . 80                             Official Journal of the European Communities                                 No L 267 / 13
                                                              ANNEX
                to the Commission Regulation of 9 October 1980 fixing the world market price for colza
                                                          and rape seed
                                                                                                                     (ECU / 100 ka)(')
       CCT
     heading                                  Description                                         World market price
        No
ex 1 2.0 1           Colza and rape seed                                                               21-079
                                                                                                                     (ECU / 100 ki>) (>)
                                                                  World market price where the subsidy is fixed in advance
       CCT                                                                           for the month of
      heading                   Description
        No                                                        November  December      January    February      March
                                                          October                                                             April
                                                           1980     1980       1980         1981       1981        1981       1981
ex 1 2.0 1           Colza and rape seed                  21079    21-366     21-366       22-729    22-729       23-519    24-093
(') The conversion rates from ECU into currency as foreseen by Article 9 (5) (a) of Regulation No 2300/73 are the
    following :
    1 ECU = DM                  2-48208
    1 ECU = F1                  2-74362
    1 ECU = Bfr/ Lfr           39-7897
    1   ECU   =  FF             5-84700
    1   ECU   =  Dkr            7-72336
    1   ECU   =  £ Irl          0-668201
    1   ECU   =  £              0-578051
     1  ECU   =  Lit        1 181-46