CELEX: 31979R0585
Language: en
Date: 1979-03-29 00:00:00
Title: Commission Regulation (EEC) No 585/79 of 28 March 1979 fixing the world market price for colza and rape seed

No L 77/26                                Official Journal of the European Communities                             29 . 3 . 79
                                     COMMISSION REGULATION (EEC) No 585/79
                                                         of 28 March 1979
                                 fixing the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                      subsidy on oil seeds (7), as last amended by Regulation
COMMUNITIES,                                                        (EEC) No 584/79 (8) ;
Having regard to the Treaty establishing the European               Whereas, if the price system is to operate normally,
Economic Community,                                                  the world market price should be calculated on the
                                                                     following basis :
Having regard to Council Regulation No 136/66/EEC
                                                                    — in the case of currencies which are maintained in
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 within
fats ( J), as last amended by Regulation (EEC) No                         a band of 2-25 % , a rate of exchange based on
1562/78 (2),                                                              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 852/78 (4),                                        in the previous indent ;
Having regard to Commission Regulation (EEC) No                      Whereas it follows from applying these provisions
2300/73 of 23 August 1973 laying down detailed                       that the world market price for colza and rape seed
rules for applying differential amounts for colza and                should be as set out in the Annex hereto,
rape seed and repealing Regulation (EEC) No
1464/73 (5), as last amended by Regulation (EEC) No
1 234/77 (6), and in particular Article 9 (4) thereof,               HAS ADOPTED THIS REGULATION :
Having regard to the opinion of the Monetary
Committee,                                                                                     Article 1
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 shall be as set out in
                                                                     the Annex hereto .
world market price for colza and rape seed ;
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 3048/78                    This Regulation shall enter into force on 29 March
of 22 December 1978 fixing the amount of the                          1979 .
               This Regulation shall be binding in ics entirety and directly applicable in all Member
                States .
                Done at Brussels, 28 March 1979 .
                                                                                 For the Commission
                                                                                  Finn GUNDELACH
                                                                                     Vice-President
(!) OJ    No 172, 30 . 9 . 1966, p. 3025/ 66.
(2) OJ    No L 185, 7. 7. 1978 , 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 .                            (7) OJ No L 361 , 23. 12. 1978, p. 18 .
(*) OJ    No L 143 , 10 . 6. 1977, p. 9 .                            (8) See page 24 of this Official Journal.
 ---pagebreak--- 29 . 3 . 79                                        Official Journal of the European Communities                                                   No L 77/27
                                                                           ANNEX
                       to the Commission Regulation of 28 March 1979 fixing the world market price for colza
                                                                        and rape seed
                                                                                                                                          (u. a./100 kg)(')
                 CCT
                heading                                     Description                                                World market price
                   No
         ex 12.01               Colza and rape seed                                                                          18-977
                                                                                                                                          (u.a. /100 kg ) (1)
                                                                                              World market price where the subsidy
                 CCT                                                                            is fixed in advance for the month of
                heading                         Description
                   No                                                       March         April            May          June         July        August
                                                                             1979         1979             i 979        1979         1979         1979
         ex 12.01               Colza and rape seed                        18-977       18-977          18-977        18-977      18-491        18-521
         (') 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 :
              I u.a . =   DM             303524
              I  u.a . =  Fl             3-28928
              1 u.a . = Bfr / Lfr      47-7031
              1 u.a . =   FF             6-97496
              I u.a . =   Dkr            8.56656
              1 u.a . = £                0-803232
              1 u.a . = I £              0-803232
              1 u.a . =   Lit       1 37.5-42