CELEX: 31976R2119
Language: en
Date: 1976-08-28 00:00:00
Title: Commission Regulation (EEC) No 2119/76 of 27 August 1976 determining the world market price for colza and rape seed

28 . 8 . 76                              Official Journal of the European Communities                        No L 237/21
                                   COMMISSION REGULATION (EEC) No 2119/76
                                                       of 27 August 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,                                                       2098/76 (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 (1), 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 1713/76                  This Regulation shall enter into force on 30 August
of 15 July 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, 27 August 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 .
(«)  OJ  No L 357, 28 . 12. 1973, p. 6 .
(5)  OJ  No L 236, 24. 8 . 1973, p. 28 .                           (7) OJ No L 192, 16. 7. 1976, p. 17.
(6)  OJ  No L 66, 13 . 3 . 1975, p. 11 .                           (8) OJ- No L 235, 26. 8 . 1976, p. 12.
 ---pagebreak--- No L 237/22                              Official Journal of the European Communities                                                            28 . 8 . 76
                                                                       ANNEX
          World market price applicable from 30 August 1976 for colza and rape seed (CCT heading
                                                                    No ex 12.01 )
                                                                                                                                  u.a/100 kv (')
          World        market price                                                                                                  19-097
          World        market price where the subsidy is fixed in advance :
          — for        the month of August 1976                                                                                      19-097
          — for        the month of September 1976                                                                                   19-097
          — for the month of October 1976                                                                                            19-256
          — for the month of November 1976                                                                                           20-214
          — for the month of December 1976                                                                                           20-374
          — for the month of January 1977                                                                                            20-653
          (') 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         6-25704
              1 u.a .   -  Dkr        7-57828
              1 u.a .   -    £        0-707209
              1 u.a .   -  I£         0-707209
              1 u.a.    —  Lit      1048-96