CELEX: 31977R1219
Language: en
Date: 1977-06-08 00:00:00
Title: Commission Regulation (EEC) No 1219/77 of 7 June 1977 fixing the world market price for colza and rape seed

No L 140/22                              Official Journal of the European Communities                              8 . 6. 77
                                      COMMISSION REGULATION (EEC) No 1219/77
                                                           of 7 June 1977
                                  fixing the world market price for colza and rape seed
 THE pOMMISSION OF THE EUROPEAN                                       oil seeds (7), as last amended by Regulation (EEC) No
  COMMUNITIES,                                                        1218/77 (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/
 66/EEC of 22 September 1966 on the establishment                     — in the case of currencies which are maintained in
 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
 632/75 (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 and the rates to be used
 world market price for colza and rape seed ;                         for converting them into national currencies shall be
                                                                      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 1713/76
 of 15 July 1976 fixing the amount of the subsidy on                 This Regulation shall enter into force on 8 June 1977.
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States .
                Done at Brussels, 7 June 1977.
                                                                                For the Commission
                                                                                 Finn GUNDELACH
                                                                                     Vice-President
(')  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 .                           (7) OJ No L 192, 16. 7. 1976, p. 17.
(<•) OJ  No  L 66, 13 . 3 . 1975, p. 11 .                            (8) See page 20 of this Official Journal.
 ---pagebreak--- 8 . 6 . 77                                 Official Journal of the European Communities                                                          No L 140/23
                                                                        ANNEX
           World market price applicable from 8 June 1977 for colza and rape seed (CCT heading No
                                                                        ex 12.01 )
                                                                                                                                  u.aJ!00 kg (')
           World        market price                                                                                                27-633
           World        market price where the subsidy is fixed in advance :
           — for        the month of June 1977                                                                                      27-633
           — for        the month of July 1977                                                                                      27-633
           — for        the month of August 1977                                                                                    27-633
           — for        the month of September 1977                                                                                 27-633
           — for the month of October 1977                                                                                          25-112
           — for the month of November 5977                                                                                         25-112
           (*) 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 1 5665
               1 u.a . ■=   Fl            3-35507
               1 u.a .   —  Bfr/ Lfr     48-6572
               1  u.a .  —  FF            6-70214
               1 u.a .   —  Dkr           8-13822
               1  u.a . —     £           0-784917
               1 u.a .   ■« I £           0-784917
               1 u.a .   —  Lit      I 1 97-28