CELEX: 51980PC0171
Language: en
Date: 1980-03-27
Title: PROPOSAL FOR A COUNCIL REGULATION (EEC) AMENDING, AS REGARDS THE FRENCH FRANC, REGULATION (EEC) N° 878/77 ON THE EXCHANGE RATES TO BE APPLIED IN AGRICULTURE (presented by the Commission to the Council)

ARCHIVES HISTORIQUES
DE LA COMMISSION
COLLECTION RELIEE DES
DOCUMENTS "COM"
COM (80) 171
Vol. 1980/0053
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 ---pagebreak--- COMMISSION OF THE EUROPEAN COMMUNITIES
                                                   COM(80)171 final
                                                   Brussels , 27th March 1980
                        PROPOSAL FOR A COUNCIL REGULATION ( EEC )
                        AMENDING/      AS REGARDS THE FRENCH FRANC ,
                            REGULATION ( EEC ) N° 878 / 77 ON THE
                      EXCHANGE RATES TO BE APPLIED IN AGRICULTURE
                    ( presented by the Commission to the Council )
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C0M(80 ) 171 final
 ---pagebreak---                                            PROPOSAL
                        COUNCIL REGULATION ( EEC )
       amending , as regards the French franc . Regulation ( EEC ) N° 878 / 77
                 on the exchange rates to be applied in agriculture
 THE COUNCIL OF THE EUROPEAN COMMUNITIES ,                                              •   .
 Having regard to the Treaty establishing the Eurpean Economic Community ,
 Having regard to Council Regulation n° 129 on the value of the unit of account
and the exchange , Pates to be applied for the purposes of the common agricultural
policy ( 1 ), as last amended by Regulation ( EEC ) N° 2543 / 73 ( 2 ), and in particular
Article 3 thereof,                                                      '
                                                          *                 -
                                                 ■/
Having regard to the proposals from the Commission ,              . .
                                                                .         '           ■
Whereas Council Regulation ( EEC ) N° 878 / 77 of 26 April 1977 on the exchange
rates to be applied in agriculture ( 3 ), as last amended by Regulation ( EEC ) N°
2835 / 79 ( 4 ), fixed representative rates for ,, among others , the French franc which
have already taken effect in the pigmeat sector and which , in the case of other
sectors , were to have taken effect at the beginning of the 1980 /81 marketing year
whereas it appears appropriate , in the light of present economic reality , to
provide for an immediate entry into effect on 1 April 1980 of the aforesaid
representative rate for the milk and milk products sector .and the beef and veal
sector ;                      1               '     v :                              -
Whereas the Monetary Committee will be consulted and whereas , in view of the
urgency involved , it is appropriate to adopt the measures envisaged in accordance
with the conditions laid down in Article 3 ( 2 ) of Regulation n° 129 ,
                                                                                   •• / m •
(1)  0J  N°     106 , 30.10.1962 , p. 2553 / 62     .
( 2) OJ  N° L 263,    19.9.1973 , p.1
(3)  0J  N° L 106 ,   29.4.1977 , p. 27
( 4) 0J  N° L 320 ,   15 . 12 . .1979 , p. 58
 ---pagebreak---    HAS ADOPTED THIS REGULATION
                                         Article Î
          \
   Article 2a(3)Cc ) of Regulation < EEC)n° 878 /77 is replaced by the following :
   "c ) The representative rate of 1 French franc = 0.173343 ECU shall apply with
         effect , from
 \                                                .             ,
         ~ 1 October 1979 for the pigmeat sector
                Je *.     fzr     n :,< ancí nH <     uets se;t5 .- are c-e esef arr , 53 .
            sector    • ■
        - 1 July 1980 fo;: tfce rsoglucose sector x
       - 1 August 19S5 for the eggs / poultr/, ovalbumin and lactabulmin sector
       - 16 December 1980 for the wine sector ; however , other dates may be fixed
          for distillation operations
       - 1 January 1981 for the fishery products sector
       - the beginning of the 1980 / 81 marketing year for the other products for
          which there exists a marketing year
       - the beginning of the 1980 / 81 milk year in all other cases".
              *                >
                                        Article 2
This Regulation shall enter into force on 1 April 1980 .
This Regulation shall be binding in its entirety and directly applicable in all
Member States .                              -      '
                              ' /     •                  ' *
                                                           1                      .
Done at Brussels ,                                                For the Council