CELEX: 31979R1412
Language: en
Date: 1979-07-07 00:00:00
Title: Commission Regulation (EEC) No 1412/79 of 6 July 1979 fixing the world market price for colza and rape seed

No L 169/8                               Official Journal of the European Communities                             7. 7. 79
                                    COMMISSION REGULATION (EEC) No 1412/79
                                                          of 6 July 1979
                                fixing the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                      of 5 July 1979 fixing the amount of the subsidy on oil
 COMMUNITIES,                                                       seeds (7) ;
 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
of 22 September 1966 on the establishment of a                      — in the case of currencies which are maintained in
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
590/79 (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
2300/73 of 23 August 1973 laying down detailed
                                                                    Whereas it follows from applying these provisions
rules for applying differential amounts for colza and               that the world market price for colza and rape seed
                                                                    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 1400/79                   This Regulation shall enter into force on 9 July 1979.
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States.
                Done at Brussels, 6 July 1979 .
                                                                                For the Commission
                                                                                 Finn GUNDELACH
                                                                                    Vice-President
(i) OJ   No  172, 30. 9. 1966, p. 3025/66.
0   OJ   No L 78, 30. 3 . 1979, p. 1 .
P)  OJ   No L 167, 25. 7. 1972, p. 9.
(«) 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) OJ No L 168, 6. 7. 1979, p. 10.
 ---pagebreak--- 7 . 7 . 79                                       Official Journal of the European Communities                                                            No L 169 /9
                                                                            ANNEX
                    to the Commission Regulation of 6 July 1979 fixing the world market price for colza and
                                                                           rape seed
                                                                                                                                                (ECU / 100 kg) (')
                CCT
               heading                                    Description                                                      World market price
                 No
         ex 1 2.0 1           Colza and rape seed                                                                                23.31 1
                                                                                                                                                ( ECU / too k;i) C)
                                                                                                 World market price where the subsidy
                CCT                                                                                is fixed in advance for the month of
               heading                        Description
                 No
                                                                              July        August           September      October      November       December
                                                                              1979          1979              1979          1979          1979           1979
         ex 1 2.0 1           Colza and rape seed                           23.311       23.31 1            23.311        23.311        23.535        23-535
         (') The conversion rates from ECU into national currency as foreseen by Article 9 ( S) (a ) of Regulation ( EEC ) No 2300 / 73 are the following :
             I ECU = DM               2.51064
             1 ECU = El               2.72077
             1  ECU   = Bfr / Lfr    39.4582
             I  ECU   = FF            5.79831
             1  ECU   = Dkr           7.08592
             1  ECU   = I i'          0.662638
             1 ECU = £                0-619011
             I ECU = Lit          I 119.94