CELEX: 31978R3049
Language: en
Date: 1978-12-23 00:00:00
Title: Commission Regulation (EEC) No 3049/78 of 22 December 1978 fixing the world market price for colza and rape seed

No L 361 /22                           Official Journal of the European Communities                          23 . 12. 78
                                    COMMISSION REGULATION (EEC) No 3049/78
                                                    of 22 December 1978
                                fixing 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
                                                                     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
fats (!), as last amended by Regulation (EEC) No                 — for other currencies, an exchange rate based on the
1562/78 (2),                                                         arithmetic mean of the spot market rates of each
                                                                     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 subparagraph ;
measures for colza and rape seed (3), as last amended
by Regulation (EEC) No 852/78 (4),                               Whereas, applying all these provisions, the world
                                                                 market price for colza and rape seed should be fixed
Having regard to Commission Regulation (EEC) No                  as shown in the table annexed to this Regulation,
2300/73 of 23 August 1973 laying down detailed
rules for applying differential amounts for colza and
rape seed and repealing Regulation (EEC) No
                                                                  HAS ADOPTED THIS REGULATION :
 1464/73 (5), as last amended by Regulation (EEC) No
1234/77 (6), and in particular Article 9(4) thereof,
                                                                                          Article 1
Having regard to the opinion of the Monetary
Committee,
                                                                 The world market price referred to in Article 9 (4) of
Whereas, pursuant to Article 9 (4) of Regulation (EEC)           Regulation (EEC) No 2300/73 and the rates to be used
No 2300/73, the Commission must determine the                    for converting them into national currencies shall be
world market price for colza and rape seed ;                     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                                       Article 2
set out in Commission Regulation (EEC) No 3048/78
of 22 December 1978 fixing the amount of the                     This Regulation shall enter into force on 25
subsidy on oil seeds (7) ;                                        December 1978 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels, 22 December 1978 .
                                                                           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 .
(6) OJ   No L 143, 10. 6. 1977, p. 9.
(7) See  page 18 of this Official Journal.
 ---pagebreak--- 23. 12. 78                                  Official Journal of the European Communities                                                          No L 361 /23
                                                                        ANNEX
           World market price applicable from 25 December 1978 for colza and rape seed (CCT
                                                              heading No ex 12.01)
                                                                                                                                  u.a./100 kg (')
           World market price                                                                                                        17.917
           World market price where the subsidy is fixed in advance :
           — for the month of December 1978                                                                                          17.917
           — for the month of January 1979                                                                                           17.917
           — for the month of February 1979                                                                                          17.917
           — for the month of March 1979                                                                                             17.902
           — for the month of April 1979                                                                                             17.144
           — for the month of May 1979                                                                                               17.144
           (') 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              3.03524
               1 u.a. - Fl              3.28928
               1 u.a. - Bfr/Lfr        47.7031
               1 u.a. - FF              6.97496
               1 u.a. — Dkr             8.56656
               1 u.a. - £               0.814604
               1 u.a. - I £             0.814604
               1 u *. - Lit         1 360.91