CELEX: 31976R0015
Language: en
Date: 1976-01-08 00:00:00
Title: Commission Regulation (EEC) No 15/76 of 7 January 1976 determining the world market price for colza and rape seed

8 . 1 . 76                             Official Journal of the European Communities                            No L 3/9
                                     COMMISSION REGULATION (EEC) No 15/76
                                                     of 7 January 1976
                            determining the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                    on oil seeds (7), as last amended by Regulation (EEC)
COMMUNITIES,         ,                                            No 14/76 (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 2651 /75               This Regulation shall enter into force on 8 January
of 17 October 1975 fixing the amount of the subsidy               1976.
              This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 7 January 1976.
                                                                            For the Commission
                                                                               Vice-President
                                                                      Carlo SCARASCIA MUGNOZZA
 ») 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.
 <) OJ   No L 357, 28.  12. 1973, p. 6.
 5) OJ   No L 236, 24.  8 . 1973, p. 28.                         (7) OJ No L 269, 18 . 10. 1975, p. 37.
 6) OJ No L 66, 13. 3. 1975, p. 11 .                             (8) See page 7 of this Official Journal.
 ---pagebreak--- No L 3/ 10                                 Official Journal of the European Communities                                                           8 . 1 . 76
                                                                         ANNEX
           World market price applicable from 8 January 1976 for colza and rape seed (CCT heading
                                                                      No ex 12.01 )
                                                                                                                                   u.aJ100 kg (i)
           World      market price                                                                                                    17-137
           World      market price where the subsidy is fixed in advance :
           — for      the month of January 1976                                                                                       17-137
           — for      the month of February 1976                                                                                      17-137
           — for the month of March 1976                                                                                              17-298
           — for the month of April 1976                                                                                              17-870
           — for the month of May 1976                                                                                                17-870
           — for the month of June 1976                                                                                               17-709
           ( t) 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*. -      F1         3.35507
                1 u.a. -     Bfr/Lfr   48-6572
                IM >         FF         5-55419
                1 u.a. -     Dkr        7-57828
                ! u.a. >       £  '     0.61332
                lu -         I£         0-61332
                1 u*. -      Lit      844-288