CELEX: 31976R1415
Language: en
Date: 1976-06-19 00:00:00
Title: Commission Regulation (EEC) No 1415/76 of 18 June 1976 determining the world market price for colza and rape seed

19 . 6 . 76                                Official Journal of the European Communities                         No L 158 /45
                                        COMMISSION REGULATION (EEC) No 1415/76
                                                             of 18 June 1976
                               determining 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,                                                            1414/76 (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 925/76                      This Regulation shall enter into force on 21 June
 of 22 April 1976 fixing the amount of the subsidy on                   1976 .
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States .
                 Done at Brussels, 18 June 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.
(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 106, 23 . 4. 1976, p . 18 .
(6)  OJ   No  L 66, 13 . 3 . 1975, p . 11 .                            (8) See page 43 of this Official Journal .
 ---pagebreak--- No L 158 /46                              Official Journal of the European Communities                                                               19 . 6 . 76
                                                                        ANNEX
           World market price applicable from 21 June 1976 for colza and rape seed (CCT heading
                                                                     No ex 12.01 )
                                                                                                                                   u.a. /100 kg (1 )
           World        market price                                                                                                  20-374
           World        market price where the subsidy is fixed in advance :
           — for        the month of June 1976                                                                                        20-374
           — for        the month of July 1976                                                                                        20-536
           — for        the month of August 1976                                                                                      20-536
           — for        the month of September 1976                                                                                   20-616
           — for the month of October 1976                                                                                            20-616
           — for the month of November 1976                                                                                           20-616
           (') 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        7-57828
               1  u.a .  =     £       0-697015
               1 u.a . =    I£         0-697015
               1 u.a . -    Lit      1057-30