CELEX: 31981R0157
Language: en
Date: 1981-01-21 00:00:00
Title: Commission Regulation (EEC) No 157/81 of 20 January 1981 fixing the world market price for colza and rape seed

21 . 1 . 81                            Official Journal of the European Communities                          No L 18 /21
                                    COMMISSION REGULATION (EEC) No 157/81
                                                     of 20 January 1981
                                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 156/81 (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 (1), as last amended by the Act of Accession of                   a band of 2-25 % , a rate of exchange based on
Greece (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 1 62/80 (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 2945/80                This Regulation shall enter into force on 21 January
of 13 November 1980 fixing the amount of the                      1981 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
                Done at Brussels, 20 January 1981 .
                                                                              For the Commission
                                                                                 The President
                                                                                Gaston THORN
(») OJ   No  172, 30. 9. 1966, p. 3025/66.
(2) OJ   No  L 291 , 19. 11 . 1979, p. 17.
(3) OJ   No  L 167, 25. 7. 1972, p. 9.
(4) OJ   No  L 116, 28. 4. 1978, p. 6.
(}) OJ   No  L 236, 24. 8. 1973, p. 28.                           (7) OJ No L 305, 14. 11 . 1980, p. 48.
(6) OJ   No  L 118, 9. 5. 1980, p. 25.                            (8) See page 19 of this Official Journal.
 ---pagebreak--- No L 18/22                              Official Journal of the European Communities                                      21 . 1 . 81
                                                              ANNEX
                to the Commission Regulation of 20 January 1981 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                                                               22-504
                                                                                                                       (ECU/100 kg) (1)
                                                                 World market price where the subsidy is fixed in advance
      CCT                                                                           for the month of
     heading                   Description
       No                                                         February    March
                                                         January                          April       May         June        July
                                                           1981     1981      1981         1981      1981         1981        1981
ex 12.01            Colza and rape seed                  24-561   24-561     24-561      24-561     24116        24-470     24-981
(!) The conversion rates from ECU into currency as foreseen by Article 9 (5) (a) of Regulation (EEC) No 2300/73 are the
    following :
    1  ECU   = DM              2-48208
    1  ECU   = Fl              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   - £               0-528712
    1  ECU   = Lit         1 181-46