CELEX: 31979R0768
Language: en
Date: 1979-04-20 00:00:00
Title: Commission Regulation (EEC) No 768/79 of 19 April 1979 fixing the world market price for colza and rape seed

No L 98 / 24                              Official Journal of the European Communities                             20 . 4 . 79
                                      COMMISSION REGULATION (EEC) No 76S/ 79
                                                         of 19 April 1979
                                  fixing the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                       Whereas, if the price system is to operate normally,
COMMUNITIES,                                                         the world market price should be calculated on the
                                                                     following basis :
Having regard to the Treaty establishing the European
Economic Community,                                                  — in the case of currencies which are maintained in
                                                                          relation to each other at any given moment within
Having regard to Council Regulation No 136/ 66/ EEC                       a band of 2-25 % , a rate of exchange based on
of 22 September 1966 on the establishment of a                            their effective parity ;
common organization of the markets in oils and                       — for other currencies, an exchange rate based on the
fats ('), as last amended by Regulation (EEC) No                          arithmetic mean of the spot market rates of each
590/79 (2),
                                                                          of these currencies recorded for a given period in
Having regard to Council Regulation (EEC) No                              relation to the Community currencies referred to
1569/72 of 20 July 1972 laying down special                               in the previous indent ;
measures for colza and rape seed (3), as last amended
                                                                     Whereas Council Regulation ( EEC) No 652/79 of 29
by Regulation (EEC) No 852/78 (4),
                                                                     March 1979 (9) laid down the coefficient for
Having regard to Commission Regulation (EEC) No                      expressing amounts, fixed in units of account, in
2300/73 of 23 August 1973 laying down detailed                       ECU ;
rules for applying differential amounts for colza and
                                                                     Whereas it follows from applying these provisions
rape seed and repealing Regulation (EEC) No
                                                                     that the world market price for colza and rape seed
1464/73 (5), as last amended by Regulation (EEC) No                  should be as set out in the Annex hereto,
1 234/77 (6), and in particular Article 9(4) thereof,
Having regard to the opinion of the Monetary
                                                                     HAS ADOPTED THIS REGULATION :
Committee,
Whereas, pursuant to Article 9 (4) of Regulation (EEC)                                         Article 1
No 2300/73 , the Commission must determine the
world market price for colza and rape seed ;                         The world market price referred to in Article 9 (4) of
                                                                     Regulation (EEC) No 2300/73 shall be as set out in
Whereas the world market price should be deter­                      the Annex hereto .
mined in accordance with the rules and the criteria
set out in Commission Regulation (EEC) No 3048 /78                                             Article 2
of 22 December 1978 fixing the amount of the
subsidy on oil seeds (7), as last amended by Regulation              This Regulation shall enter into force on 20 April
(EEC) No 767/79 («) ;                                                 1979 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 19 April 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 .
 b) OJ   No L 143, 10 . 6 . 1977, p. 9 .
 7) OJ   No L 361 , 23 . 12. 1978 , p. 18 .
 8) See  page 22 of this Official Journal .                          (9 ) OJ No L 84, 4. 4 . 1979 , p. 1 .
 ---pagebreak--- 20 . 4 . 79                                        Official Journal of the European Communities                                                            No L 98 / 25
                                                                            ANNEX
                    to the Commission Regulation of 19 April 1979 fixing the world market price for colza
                                                                        and rape seed
                                                                                                                                               { IX I ' / ICC k :<)(>)
                 CCT
               heading                                      Description                                                   World market price
                  No
         ex 12.01            Colza and rape seed                                                                                22-015
                                                                                                                                               (ECU / 100 t ■■)(')
                                                                                                 World market price where the subsidy
                 CCT                                                                              is fixed in advance tor the month of
               heading                          Description
                  No
                                                                             April           May             June          1u1v         August         September
                                                                              I 979         1 979            1 979         1979          1                 1 979
               \
         ex 1 2.01           Colza and rape seed                            22-015       22-015           21-940         21-678        21-768            21-790
         (') The conversion rates from ECU into national currency as foreseen by Article 9 ( 5) (a) of Regulation ( EEC ) No 2300 / 73 are the following :
             I  ECU   = DM             2 SI 064
             1  ECU   = El             2-72077
             I ECU = Bfr / Lfr      .» 9-4582
             1 ECU = FF                5.79831
             I ECU = Dkr               7-08592
             I  ECU   = I £'           0-662638
             I  ECU = i                0-641 198
             1  ECU =   Lit      I 133.02