CELEX: 31977R1106
Language: en
Date: 1977-05-27 00:00:00
Title: Commission Regulation (EEC) No 1106/77 of 26 May 1977 fixing the world market price for colza and rape seed

27. 5 . 77                                 Official Journal of the European Communities                         No L 132/29
                                      COMMISSION REGULATION ( EEC) No 1106/77
                                                            of 26 May 1977
                                  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,                                                          1105/77 (8);
 Having regard to the Treaty establishing the European                 Whereas to enable the price system to operate
 Economic Community,                                                   normally, the world market price should be calculated
                                                                       on the following basis :
 Having regard to Council Regulation No 136/
                                                                       — in the case of currencies which are maintained in
 66/ EEC 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,
 fats ('), as last amended by Regulation (EEC) No                          within a band of 2-25 % , a rate of exchange based
 1707/73 (2),                                                              on 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 3477/73 (4),                                       in the previous subparagraph ;
 Having regard to Commission Regulation (EEC) No                       Whereas, applying all these provisions, the world
 2300/73 of 23 August 1973 laying down detailed                        market price for colza and rape seed should be fixed
 rules for applying differential amounts for colza and                 as shown in the table annexed to this Regulation,
 rape seed and repealing Regulation (EEC) No
 1464/73 (5), as last amended by Regulation (EEC) No                   HAS ADOPTED THIS REGULATION :
 632/75 (6), and in particular Article 9 (4) thereof,
 Having regard to the opinion of the Monetary                                                   Article 1
 Committee,
                                                                       The world market price referred to in Article 9 (4) of
 Whereas, pursuant to Article 9 (4) of Regulation (EEC)                Regulation (EEC) No 2300/73 and the rates to be used
 No 2300/73, the Commission must determine the                         for converting them into national currencies shall be
 world market price for colza and rape seed ;                          as shown in the table annexed to this Regulation.
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 1713/76                    This Regulation shall enter into force on 27 May
 of 15 July 1976 fixing the amount of the subsidy on                   1977 .
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels, 26 May 1977.
                                                                                 For the Commission
                                                                                  Finn GUNDELACH
                                                                                      Vice-President
(■)  OJ   No 172, 30 . 9 . 1966, p . 3025/66 .
(2)  OJ   No L 175, 29. 6. 1973, p. 5.
(3)  OJ   No L 167, 25. 7 . 1972, p . 9 .
(4)  OJ   No L 357, 28 . 12. 1973 , p. 6.
(5 ) OJ  No  L 236, 24. 8 . 1973 , p . 28 .                           (7) OJ No L 192, 16 . 7 . 1976, p . 17 .
(6)  OJ  No  L 66, 13 . 3 . 1975, p. 11 .                             (8) See page 27 of this Official Journal .
 ---pagebreak--- No L 132/ 30                                Official Journal of the European Communities                                                            27 . 5 . 77
                                                                        ANNEX
           World market price applicable from 27 May 1977 for colza and rape seed (CCT heading
                                                                     No ex 12.01 )
                                                                                                                                    u.a./100 kg (')
           World         market price                                                                                                  28-226
           World         market price where the subsidy is fixed in advance :
           — for         the month of May 1977                                                                                         28-226
           — for         the month of June 1977                                                                                        28-226
           — for         the month of July 1977                                                                                        28-152
           — for         the month of August 1977                                                                                      28-152
           — for         the month of September 1977                                                                                   28-152
           — for the month of October 1977                                                                                             25-112
           (*) The conversion rates from units of account into national currency as foreseen by Article 9 ( 5) (a) of Regulation ( EEC) No 2300/73
                arc the following :
                 I u.a .  =  DM           31 566 5
               1   u.a .  =  Fl           3-35507
               1   u.a .  =  Bfr/ Lfr    48-6572
               1   u.a .  =  FF           6-70214
               1   u.a . =   Dkr          8-13822
               1   u.a .  =    t          0-784917
               1   u.a . =   1 1          0-784917
               1   u.a . =   Lit      1 197-28