CELEX: 31977R1742
Language: en
Date: 1977-07-30 00:00:00
Title: Commission Regulation (EEC) No 1742/77 of 29 July 1977 fixing the world market price for colza and rape seed

,   30 . 7 . 77                                   Official Journal of the European Communities                          No L 191 /39
                                             COMMISSION REGULATION (EEC) No 1742/77
                                                                  of 29 July 1977
                                         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,                                                               1741 /77 («);
    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 :
   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 1443/77                         This Regulation shall enter into force on 1 August
   of 30 June 1977 fixing the amount of the subsidy on                        1977 .
                    This Regulation shall be binding in its entirety and directly applicable in all Member
                    States .
                    Done at Brussels, 29 July 1977.
                                                                                        For the Commission
                                                                                         Finn GUNDELACH
                                                                                             Vice-President
  (')  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 161 , 1 . 7 . 1977, p. 31 .
  (6)  OJ    No  L 143 , 10 .  6 . 1977, p . 9 .                            (8) See page 37 of this Official Journal .
 ---pagebreak--- No L 191 /40                              Official Journal of the European Communities                                                             30 . 7. 77
                                                                        ANNEX
           World market price applicable from 1 August 1977 for colza and rape seed (CCT heading
                                                                     No ex 12.01 )
                                                                                                                                   u.a./100 kg (')
           World market price                                                                                                         21-111
           World market price where the subsidy is fixed in advance :
           — for the month of August 1977                                                                                             21 111
           — for the month of September 1977                                                                                          21 111
           — for the month of October 1977                                                                                            21 111
           — for the month of November 1977                                                                                           19-959
           — for the month of December 1977                                                                                           20-643
           — for the month of January 1978                                                                                            20-643
           (') 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  UA -      DM           3 15665
                1 u.a . -   F1           3-35507
               1  ul "      Bfr/ Lfr    48-6572
               1  u.a . -   FF           6-63914
                1 UJ . -    Dkr          8-13822
               1 u.a . -       £         0-807578
               1 u.a -       f           0-807578
                1 u.a . -   Lit      1 224-36