CELEX: 31978R2893
Language: en
Date: 1978-12-09 00:00:00
Title: Commission Regulation (EEC) No 2893/78 of 8 December 1978 fixing the world market price for colza and rape seed

No L 345/ 8                              Official Journal of the European Communities                             9 . 12 . 78
                                     COMMISSION REGULATION (EEC) No 2893/78
                                                       of 8 December 1978
                                  fixing 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,                                                        2880/78 («) ;
 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 136/66/ EEC
                                                                     — in the case of currencies which are maintained in
 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 within
 fats ('), as last amended by Regulation (EEC) No                        a band of 2-25 % , a rate of exchange based on
 1562/78 (2),                                                            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 852/78 (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
 1 464/73 (5), as last amended by Regulation (EEC) No
                                                                     HAS ADOPTED THIS REGULATION :
 1 234/77 (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 1922/78                   This Regulation shall enter into force on               11
 of 9 August 1978 fixing the amount of the subsidy on                December 1978 .
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels, 8 December 1978 .
                                                                               For the Commission
                                                                                Finn GUNDELACH
                                                                                    Vice-President
(•) OJ    No 172, 30 . 9 . 1966, p. 3025/66 .
(2) OJ    No L 185, 7. 7. 1978 , p. 1 .
(3) OJ    No L 167, 25 . 7. 1972, p. 9 .
(4) OJ    No L 116, 28 . 4. 1978 , p. 6 .
(5) OJ    No L 236, 24. 8 . 1973, p . 28 .                          (7) OJ No L 219, 10. 8 . 1978, p. 15.
(') OJ    No L 143, 10 . 6. 1977, p . 9 .                           (8) OJ No L 342, 7. 12. 1978, p. 16.
 ---pagebreak--- 9 . 12. 78                                  Official Journal of the European Communities                                                          No L 345/9
                                                                        ANNEX
           World market price applicable from 11 December 1978 for colza and rape seed (CCT
                                                              heading No ex 12.01 )
                                                                                                                                  u.a./100 kg (')
           World market price                                                                                                        18 278
           World market price where the subsidy is fixed in advance :
           — for the month of December 1978                                                                                          1 8.278
           — for the month of January 1979                                                                                           1 8.21 5
           — for the month of February 1979                                                                                          18.215
           — for the month of March 1979                                                                                             18.215
           — for the month of April 1979                                                                                             17-324
           — for the month of May 1979                                                                                               17-324
           (') 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             3.03524
               1  u.a . - F1            3.28928
               1  u.a . - Bfr/ Lfr     47.7031
               1  u.a . - FF            6.97496
               1  u.a . - Dkr           8.56656
               1 u.a . - £              0.814604
               1 u.a . - I £            0.814604
               1 u.a . — Lit        1 343-61