CELEX: 31978R0478
Language: en
Date: 1978-03-08
Title: Commission Regulation (EEC) No 478/78 of 7 March 1978 on the calculation of monetary compensatory amounts and of differential amounts

8 . 3 . 78                                  Official Journal of the European Communities                         No L 65/ 15
                                        COMMISSION REGULATION ( EEC) No 478 / 78
                                                            of 7 March 1978
                 on the calculation of monetary compensatory amounts and of differential
                                                                 amounts
 THE COMMISSION OE THE EUROPEAN                                        following the general trend in exchange markets, the
 COMMUNITIES ,                                                         movement of floating currencies in the Community is
  Having regard to the Treaty establishing the European                characterized by exceptional fluctuations ; whereas
                                                                       under these circumstances, and with a view to stabi­
  Economic Community,
                                                                       lizing the monetary compensatory amounts somewhat,
  Having regard to Council Regulation No 136/ 66/ EEC                  provision should be made as an exceptional measure
 of 22 September 1966 on the establishment of a                        for a reference period longer than that provided for in
 common organization of the market in oils and                         the abovementioned provisions ;
 fats ( 1 ), as last amended by Regulation ( EEC) No
  1707/ 7 J (-),                                                       Whereas the measures provided for in this Regulation
                                                                       are in accordance with the opinion of the relevant
  Having regard to Council Regulation ( EEC) No                        management committees,
 974/ 71 of 12 May 1971 on certain measures of
 conjunctural policy to be taken in agriculture
 following the temporary widening of the margins of                    HAS ADOPTED THIS REGULATION :
 fluctuation     for  the   currencies        of  certain Member
 States (:'), as last amended by Regulation ( EEC) No                                          Article 1
 557/76 (■*), and in particular Article 6 thereof,
                                                                       By way of derogation from Article 2 of Regulation
 Having regard to Council Regulation ( EEC) No                         ( EEC) No 1380 /75 and from Article 3 of Regulation
  1569/72 of 20 July 1972 laying down special                          ( EEC) No 2300/73 , the reference period to be taken
 measures for colza and rape seed ( s ), as last amended               into consideration for the fixing of the monetary
 by Regulation ( EEC) No 3477/73 ( h), and in particular               compensatory amounts and of the components used
 Articles 2 (2) and 7 thereof,                                         to calculate the differential amounts during March
 Whereas the reference period laid down in Article 2                    1978 shall extend over a period of three weeks begin­
 of Commission Regulation ( EEC) No 1380 / 75 of 29                    ning on a Wednesday and ending on a Tuesday before
 May 1975 laying down detailed rules for the applica­                  the fixing.
 tion of monetary compensatory amounts ('), as last
 amended by Regulation ( EEC) No 2505 /77 ( s ), and in                                        Article 2
 Article 3 of Commission Regulation ( EEC) No
                                                                       This Regulation shall enter into force on the day of its
 2300 /73 of 23 August 1973 on detailed rules for                      publication in the Official Journal of the European
 applying the differential amounts for colza and rape                  Communities.
 seed (9), as last amended by Regulation ( EEC) No
 632/75 ( 10), extends from the Wednesday of one week                  It shall apply for the first time for the amounts valid
 to the Tuesday of the following week ; whereas,                       from 13 March 1978 .
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States .
                 Done at Brussels , 7 March 1978 .
                                                                                 For the Commission
                                                                                  Finn GUNDELACH
                                                                                     Vice-President   .
(') Oj No 172, 30 . 9 . 1966 , p . 3025 / 66 .
(-) OJ No L 175, 29 . 6 . 1973 , p . 5 .
(3 ) OJ No L 106. 12 . 5 . 1971 , p . 1 .
H 0 | No L 67, 15 . 3 . 1976 , p . 1 .
( 5 ) OJ No L 167, 25 . 7 . 1972 , p . 9 .
(o) OJ No L 357 , 28 . 12 . 1973 , p . 6 .
( 7) OJ No L 139 , 30 . 5 . 1975 , p . 37 .
(s ) OJ No 1. 291 , 15 . II . 1977 , p . 15 .
('') OJ No L 236, 24 . X. 1973 , p . 28 .
( 10) O J No L 66, 13 . 3 . 1 9 ? \ p . II .