CELEX: 31976R3224
Language: en
Date: 1976-12-31 00:00:00
Title: Commission Regulation (EEC) No 3224/76 of 30 December 1976 determining the world market price for colza and rape seed

No L 362/46                                 Official Journal of the European Communities                           31 . 12. 76
                                     COMMISSION REGULATION (EEC) No 3224/76
                                                         of 30 December 1976
                             determining the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                        Whereas to enable the price system to operate
COMMUNITIES ,                                                         normally, 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
Having regard to Council Regulation No 136/                               relation to each other, at any given moment,
 66/ EEC (') of 22 September 1966 on the establish­                       within a band of 2-25 % , a rate of exchange based
                                                                          on their effective parity ;
ment of a common organization of the markets in oils
and fats, as last amended by Regulation (EEC) No                      — for other currencies an exchange rate based on the
 1707/ 73 (2) ;                                                           arithmetic mean of the spot market rates of each
 Having regard to Council Regulation (EEC) No                             of these currencies recorded for a given period, in
 1 569 /72 (3 ) of 20 July 1972 laying down special                       relation to the Community currencies referred to
 measures for colza and rape seed, as last amended by                     in the previous subparagraph ;
Regulation (EEC) No 3477/73 (4) ;
                                                                      Whereas, applying all these provisions, the world
 Having regard to Commission Regulation (EEC) No                      market price for colza and rape seed should be fixed
2300/73 of 23 August 1973 laying down detailed rules                  as shown in the Table annexed to this Regulation,
for applying differential amounts for colza and rape
seed and repealing Regulation (EEC) No 1464/73 (5),
as last amended by Regulation (EEC) No 632/75 (6),                    HAS ADOPTED THIS REGULATION :
and in particular Article 9 (4) thereof ;
 Having regard to the Opinion of the Monetary
                                                                                             Article 1
 Committee ;
Whereas, pursuant to Article 9 (4) of Regulation (EEC)                The world market price referred to in Article 9 (4) of
 No 2300 / 73 , the Commission must determine the                     Regulation (EEC) No 2300/73 and the rates to be used
world market price for colza and rape seed ;                          for converting them into national currencies shall be
                                                                      as shown in the Table annexed to this Regulation .
Whereas the world market price should be deter­
mined in accordance with the rules and the criteria
set out in Commission Regulation (EEC) No 1713/76                                            Article 2
of 15 July 1976 fixing the amount of the subsidy on
oil sedds (7), as last amended by Regulation (EEC) No                 This Regulation shall enter into force on 3 January
3214/76 (8) ;                                                          1977 .
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels , 30 December 1976 .
                                                                                For the Commission
                                                                                  P.J. LARDINOIS
                                                                            Member of the Commission
(•)  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 .
(«)  OJ  No L 357, 28 . 12. 1973 , p . 6.
(5)  OJ  No L 236 , 24 . 8 . 1973 , p . 28 .
(o   OJ  No L 66, 13 . 3 . 1975, p . 1 1 .
(7)  OJ  No L 192, 16 . 7 . 1976, p . 17.
(8)  See page 25 of this Official Journal .
 ---pagebreak--- 31 . 12. 76                                Official Journal of the European Communities                                                            No L 362/47
                                                                         ANNEX
            World market price applicable from 3 January 1977 for colza and rape seed (CCT heading
                                                                      No ex 12.01 )
                                                                                                                                   u.a /100 kg (')
             world       market price                                                                                                20-482
            World        market price where the subsidy is fixed in advance :
            — for        the month of January 1977                                                                                   20-482
            — for        the month of February, 1977                                                                                 20-482
            — for the month of March 1977                                                                                            20-482
            — for the month of April 1977                                                                                            20-482
            — for the month of May 1977                                                                                              20-482
            — for the month of June 1977                                                                                             20-482
            (') 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 1 5665
                1 u.a .   —  Fl           3-35507
                1 u.a .   —  Bfr/ Lfr    48-6572
                1 u.a . —    FF           6-69985
                1  u.a .  —  Dkr          7-89407
                1  u.a .  —    £          0-797200
                1 u.a .   —  I £          0-797200
                1 u.a .   —  Lit      1 174-55