CELEX: 31976R0926
Language: en
Date: 1976-04-23 00:00:00
Title: Commission Regulation (EEC) No 926/76 of 22 April 1976 determining the world market price for colza and rape seed

No L 106/22                            Official Journal of the European Communities                            23 . 4. 76
                                    COMMISSION REGULATION (EEC) No 926/76
                                                      of 22 April 1976
                            determining the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                    Whereas to enable the price system to operate
COMMUNITIES,                                                      normally, 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,
Having regard to Council Regulation No 136/                           within a band of 2-25 % , a rate of exchange based
66/EEC of 22 September 1966 on the establishment                      on their effective parity ;
of a common organization of the markets in oils and
fats (*), as last amended by Regulation (EEC) No                  — for other currencies an exchange rate based on the
1707/73 (2),                                                          arithmetic mean of the spot market rates of each
                                                                      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 subparagraph ;
measures for colza and rape seed (3), as last amended
by Regulation (EEC) No 3477/73 (4),                               Whereas, applying all these provisions, the world
                                                                  market price for colza and rape seed should be fixed
Having regard to Commission Regulation (EEC) No                   as shown in the table annexed to this Regulation,
2300/73 of 23 August 1973 laying down detailed
rules for applying differential amounts for colza and
rape seed and repealing Regulation (EEC) No
                                                                  HAS ADOPTED THIS REGULATION :
1464/73 (5), as last amended by Regulation (EEC) No
632/75 (6), and in particular Article 9 (4) thereof,
                                                                                          Article 1
Having regard to the opinion of the Monetary
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
mined in accordance with the rules and the criteria                                       Article 2
set out in Commission Regulation (EEC) No 925/76
of 22 April 1976 fixing the amount of the subsidy on              This Regulation shall enter into force on 23 April
oil seeds (7) ;                                                    1976 .
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels, 22 April 1976 .
                                                                             For the Commission
                                                                               P.J. LARDINOIS
                                                                         Member of the Commission
 (•) OJ No 172, 30 . 9 . 1966, p. 3025/66.
 \2) OJ No L 175, 29. 6. 1973, p. 5.
 P)  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 .
 (6) OJ   No L 66, 13 . 3 . 1975, p. 11 .
 (7) See  page 18 of this Official Journal.
 ---pagebreak--- 23 . 4. 76                                Official Journal of the European Communities                                                           No L 106/23
                                                                        ANNEX
           World market price applicable from 23 April 1976 for colza and rape seed (CCT heading
                                                                     No ex 12.01 )
                                                                                                                                  u.a/100 kg (')
           World        market price                                                                                                 17.650
           World        market price where the subsidy is fixed in advance :
           — for        the month of April 1976                                                                                      17.650
           — for        the month of May 1976                                                                                        17.650
           — for        the month of June 1976                                                                                       17.810
           — for        the month of July 1976                                                                                       17.889
           — for        the month of August 1976                                                                                     18.049
           — for        the month of September 1976                                                                                  18.049
           (') The conversion rates from units of account into national currency as foreseen by Article 9 (5) (a) of Regulation (EEC) No 2300/73
               are the following :
               1 u.a . »    DM         3.21978
                1 u.a .     F1         3.35507
                1 u.a . =   Bfr/ Lfr  48.6572
                1 u.a . —   FF         5.86331
                1 u.a . =   Dkr        7.057828
                1 u.a .       £        0.677172
                1 u.a . «   I£         0.677172
                1 u.a . —   Lit        1106.45