CELEX: 31979R0920
Language: en
Date: 1979-05-11 00:00:00
Title: Commission Regulation (EEC) No 920/79 of 10 May 1979 fixing the world market price for colza and rape seed

11 . 5 . 79                               Official Journal of the European Communities                       No L 116/ 17
                                      COMMISSION REGULATION (EEC) No 920/79
                                                           of 10 May 1979
                                 fixing the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                       Whereas, if the price system is to operate normally,
 COMMUNITIES,                                                        the world market price should be calculated on the
                                                                     following basis :
 Having regard to the Treaty establishing the European
 Economic Community,                                                 — in the case of currencies which are maintained in
                                                                         relation to each other at any given moment within
 Having regard to Council Regulation No 136/66/EEC                       a band of 2*25 % , a rate of exchange based on
of 22 September 1966 on the establishment of a                           their effective parity ;
common organization of the markets in oils and                       — for other currencies, an exchange rate based on the
 fats (1 ), as last amended by Regulation (EEC) No                       arithmetic mean of the spot market rates of each
 590/79 (2),                                                             of these currencies recorded for a given period in
 Having regard to Council Regulation (EEC) No                            relation to the Community currencies referred to
 1569/72 of 20 July 1972 laying down special                             in the previous indent ;
measures for colza and rape seed (3), as last amended                Whereas Council Regulation (EEC) No 652/79 of 29
by Regulation (EEC) No 852/78 (4),                                   March 1 979 (9) laid down the coefficient for
 Having regard to Commission Regulation (EEC) No                     expressing amounts, fixed in units of account, in
2300/73 of 23 August 1973 laying down detailed                       ECU ;
rules for applying differential amounts for colza and                Whereas it follows from applying these provisions
rape seed and repealing Regulation (EEC) No                          that the world market price for colza and rape seed
 1464/73 (5), as last amended by Regulation (EEC) No                 should be as set out in the Annex hereto,
 1 234/77 (6), and in particular Article 9 (4) thereof,
 Having regard to the opinion of the Monetary                        HAS ADOPTED THIS REGULATION :
Committee,
Whereas, pursuant to Article 9 (4) of Regulation (EEC)                                        Article 1
 No 2300/73, the Commission must determine the
world market price for colza and rape seed ;                         The world market price referred to in Article 9 (4) of
                                                                     Regulation (EEC) No 2300/73 shall be as set out in
Whereas the world market price should be deter­                      the Annex hereto.
mined in accordance with the rules and the criteria
set out in Commission Regulation (EEC) No 3048/78                                             Article 2
of 22 December 1978 fixing the amount of the
subsidy on oil seeds (7), as last amended by Regulation              This Regulation shall enter into force on 11 May
(EEC) No 919/79 (8);                                                  1979 .
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                 Done at Brussels, 10 May 1979 .
                                                                               For the Commission
                                                                                Finn GUNDELACH
                                                                                   Vice-President
(!) OJ     No 172, 30. 9. 1966, p. 3025/66.
 2) OJ     No L 78, 30 . 3. 1979, 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 .
 *) OJ     No L 143, 10. 6. 1977, p. 9.
 7) OJ No L 361 , 23. 12. 1978, p. 18 .
 8) See page 15 of this Official Journal.                            H OJ No L 84, 4. 4. 1979, p. 1 .
 ---pagebreak--- No L 116/ 18                               Official Journal of the European Communities                                                            11 . 5 . 79
                                                                        ANNEX
               to the Commission Regulation of 10 May 1979 fixing the world market price for colza and
                                                                       rape seed
                                                                                                                                      (ECU / 100 kg) (1)
            CCT
          heading                                   Description                                                    World market price
             No
     ex 12.01          Colza and rape seed                                                                               22.698
                                                                                                                                      (ECU / 100 kg) (1)
                                                                                           World market price where the subsidy
           CCT                                                                              is fixed in advance for the month of
          heading                       Description
            No
                                                                         May          June            July         August     September     October
                                                                         1979         1979            1979          1979         1979         1979
    ex 12.01           Colza and rape seed                             22.698       22-622          22.546        22.546       22-546       22.546
    (') The conversion rates from ECU into national currency as foreseen by Article 9 (5) (a) of Regulation (EEC) No 2300 /73 are the following :
        1 ECU = DM              2.51064
        1 ECU = F1              2.72077
        1 ECU = Bfr/ Lfr       39.4582
        1 ECU = FF              5.79831
        1 ECU = Dkr             7.08592
        1 ECU = I £             0.662638
        1 ECU = £               0.646563
        1 ECU = Lit         1 118.21