CELEX: 31976R2521
Language: en
Date: 1976-10-16 00:00:00
Title: Commission Regulation (EEC) No 2521/76 of 15 October 1976 determining the world market price for colza and rape seed

16 . 10 . 76                               Official Journal of the European Communities                         No L 285/27
                                     COMMISSION REGULATION (EEC) No 2521 /76
                                                         of 15 October 1976
                             determining the world market price for colza and rape seed
THE COMMISSION OF THE EUROPEAN                                       oil seeds (7), as last amended by Regulation (EEC) No
COMMUNITIES,                                                         2506/76 (8) ;
Having regard to the Treaty establishing the European                Whereas to enable the price system to operate
Economic Community,                                                  normally, the world market price should be calculated
                                                                     on the following basis :
Having regard to Council Regulation No 136/
                                                                     — in the case of currencies which are maintained in
66/EEC 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,
fats ('), as last amended by Regulation (EEC) No                          within a band of 2-25 % , a rate of exchange based
1707/73 (2),                                                              on 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 3477/73 (4),                                       in the previous subparagraph ;
Having regard to Commission Regulation (EEC) No                      Whereas, applying all these provisions, the world
2300/73 of 23 August 1973 laying down detailed                        market price for colza and rape seed should be fixed
rules for applying differential amounts for colza and                 as shown in the table annexed to this Regulation,
rape seed and repealing Regulation (EEC) No
1464/73 (5), as last amended by Regulation (EEC) No
                                                                      HAS ADOPTED THIS REGULATION :
632/75 (6), and in particular Article 9 (4) thereof,
Having regard to the opinion of the Monetary                                                  Article 1
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                                               Article 2
mined in accordance with the rules and the criteria
set out in Commission Regulation (EEC) No 1713/76                    This Regulation shall enter into force on 18 October
of 15 July 1976 fixing the amount of the subsidy on                   1976 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
                Done at Brussels, 15 October 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 .
(4 ) OJ  No  L 357, 28 . 12. 1973 , p . 6 .
(5 ) OJ  No  L 236, 24 . 8 . 1973 , p . 28 .                          O OJ No L 192, 16 . 7 . 1976, p . 17 .
(b)  OJ  No  L 66, 13 . 3 . 1975, p . 11 .                            (8) OJ No L 284, 15 . 10 . 1976, p . 29 .
 ---pagebreak--- No L 285/28                              Official Journal of the European Communities                                                           16. 10 . 76
                                                                       ANNEX
          World market price applicable from 18 October 1976 for colza and rape seed (CCT
                                                             heading No ex 12.01 )
                                                                                                                                 u.a/100 kv (')
          World market price                                                                                                        19-396
          World market price where the subsidy is fixed in advance :
          — for the month of October 1976                                                                                           19-396
          — for the month of November 1976                                                                                          19-473
          — for the month of December 1976                                                                                          19-550
          — for the month of January 1977                                                                                           19-660
          — for the month of February 1977                                                                                          19-911
          — for the month of March 1977                                                                                             19-911
          (') 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           3-21978
              1  u.a . —   Fl           3-35507
              t u.a .  =   Bfr/ Lfr    48 6572
              1 u.a .  —  FF            6-49001
              1 u.a .  —   Dkr          7-57828
              1 u.a .  ■»     £         0-790258
              1 u.a .  -»  I £          0-790258
              1 u.a . —    Lit      1 099-12