CELEX: 31977R2806
Language: en
Date: 1977-12-12 00:00:00
Title: Council Regulation (EEC) No 2806/77 of 12 December 1977 amending Regulation (EEC) No 1169/77 as regards the exchange rates applicable in respect of the 1976 tobacco crop

No L 322/ 10                              Official Journal of the European Communities                          17 . 12. 77
                                         COUNCIL REGULATION (EEC) No 2806/77
                                                        of 12 December 1977
               amending Regulation (EEC) No 1169/77 as regards the exchange rates applicable
                                                in respect of the 1976 tobacco crop
 THE COUNCIL OF THE EUROPEAN                                         Whereas the Member States in question have been
 COMMUNITIES,                                                        unable to dispose fully of the 1976 tobacco crop ;
                                                                     whereas it is therefore necessary that in the Member
 Having regard to the Treaty establishing the European               States concerned the exchange rates applicable for the
  Economic Community,                                                purposes of the premiums for the 1976 tobacco crop
 Having regard to Council Regulation No 129 on the                   year should remain in force over a period within
 value of the unit of account and the exchange rates to              which full disposal may be expected ;
 be applied for the purposes of the common agricul­                  Whereas the Monetary Committee will be consulted ;
 tural policy ('), as last amended by Regulation (EEC)               whereas, in view of the urgency of the matter, the
 No 2543/73 (2), and in particular Article 3 thereof,                measures envisaged should be adopted in the manner
 Having regard to the proposal from the Commission,                  provided for in Article 3 (2) of Regulation No 129,
 Whereas Regulation (EEC) No 11 69/77 (3) fixed for
 the 1977 crop the norm and intervention prices, the                 HAS ADOPTED THIS REGULATION :
 premiums granted to purchasers of leaf tobacco and
 the derived intervention prices for baled tobacco ;                                        Article 1
 whereas, under Article 3 of that Regulation , the
 exchange rate to be applied in Germany and the                      The date '31 December 1977' specified in Article 3 of
 Benelux countries for the purposes of the premiums                  Regulation (EEC) No 1169/77 is replaced by '31
                                                                     March 1978 '.
 for the 1976 tobacco crop is, until 31 December 1977,
 to be the representative rate applicable to the curren­
 cies in question prior to 1 May 1977 ;                                                     Article 2
 Whereas the Article 3 in question was adopted to                    This Regulation shall enter into force on the day
 ensure that the same premium was granted in respect                 following its publication in the Official Journal of
 of the entire crop of one year ;                                    the European Communities.
              This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 12 December 1977 .
                                                                                For the Council
                                                                                  The President
                                                                                  A. HUMBLET
(') O ) No 106, 30 . 10 . 1962, p . 2553 / 62 .
(2 ) OJ No L 263 , 19 . 9 . 1973 , p . 1 .
( 3 ) OJ No L 137, 3 . 6 . 1977, p. 4 .