CELEX: 31976R1356
Language: en
Date: 1976-06-11 00:00:00
Title: Commission Regulation (EEC) No 1356/76 of 11 June 1976 on the monetary compensatory amounts and the differential amounts applicable in respect of movements in the Irish pound and the pound sterling

12. 6 . 76                          Official Journal of the European Communities                          No L 153/39
                                   COMMISSION REGULATION (EEC) No 1356/76
                                                      of 11 June 1976
                 on the monetary compensatory amounts and the differential amounts appli­
                    cable in respect of movements in the Irish pound and the pound sterling
 THE COMMISSION OF THE EUROPEAN                                   1380/75 of 29 May 1975 laying down detailed rules
 COMMUNITIES,                                                    for the application of monetary compensatory
                                                                 amounts ( n ), as last amended by Regulation (EEC) No
                                                                 1040/76 ( 12), and in Article 3 of Commission Regula­
 Having regard to the Treaty establishing the European           tion (EEC) No 2300/73 of 23 August 1973 on detailed
 Economic Community,                                             rules for applying the differential amounts for colza
                                                                 and rape seed ( 13), as last amended by Regulation
                                                                 (EEC) No 632/75 ( 14), namely the period which began
 Having regard to Council Regulation No 136/66/EEC               on 2 June 1976, the pound sterling and the Irish
 of 22 September 1966 on the establishment of a                  pound underwent speculative movements ; whereas,
 common organization of the market in oils and                   for that reason , the rates recorded during the period in
 fats (•), as last amended by Regulation (EEC) No                question cannot be considered as representative ;
  1 707/73 (2),                                                  whereas those rates have since improved, thus elimi­
                                                                 nating the disparity recorded in the abovemeritioned
                                                                 period ; whereas it is therefore appropriate to take no
                                                                 account of those rates and to make no amendement
 Having regard to Council Regulation (EEC) No                    for the present to the monetary compensatory
 974/71 of 12 May 1971 on certain measures of                    amounts and the differential amounts relating to the
 conjunctural policy to be taken in agriculture                  currencies in question ;
 following the temporary widening of the margins of
 fluctuation    for  the  currencies   of   certain Member
 States (3), as last amended by Regulation (EEC) No              Whereas the relevant Management Committees have
 557/76 (4), and in particular Article 6 thereof,                not delivered opinions within the time limits set by
                                                                 their Chairmen ,
 Having regard to Council Regulation (EEC) No
 1569/72 of 20 July 1972 laying down special
 measures for colza and rape seed (5), as last amended
 by Regulation (EEC) No 3477/73 (6), and in particular           HAS ADOPTED THIS REGULATION :
Articles 2 (2) and 7 thereof,
 Whereas the monetary compensatory amounts intro­                                            Article 1
duced by Regulation (EEC) No 974/71 were fixed by
 Commission Regulation (EEC) No 572/76 of 15                     By way of derogation from Article 3 of Regulation
March 1976 (7), as last amended by Regulation (EEC)             (EEC) No 2300/73 and from Article 2 of Regulation
 No 131 2/76 (8) ; whereas the components used to               (EEC) No 1380/75, the components used to calculate
calculate the differential amounts were fixed by                the differential amounts and the monetary compensa­
 Commission Regulation (EEC) No 654/76 of 24                    tory amounts relating to movements in the Irish
March 1976 (9), as last amended by Regulation (EEC)             pound and the pound sterling and applicable with
 No 1 306/76 (10);                                              effect from 7 June 1976 shall continue to apply
                                                                during the period commencing 14 June 1976.
 whereas during the reference period laid down in
Article 2 of Commission Regulation (EEC) No
                                                                                             Article 2
( 5) OJ No L 172, 30 . 9 . 1966, p. 3025/ 66.
  2) OJ No L 175, 29 . 6. 1973, p. 5.
 3) OJ No L 106, 12. 5. 1971 , p. 1 .                           This Regulation, shall enter into force on 14 June
 4) OJ No L 67, 15 . 3 . 1976, p. 1 .                            1976 .
 5) OJ No L 167, 25. 7. 1972, p. 9 .
 <>) OJ No L 357, 28 . 12. 1973, p. 6.
  7) OJ No L 68 , 15. 3 . 1976, p. 5.                           ('■)   OJ No L  139 , 30 . 5. 1975, p. 37.
 8) OJ No L 148 , 5. 6. 1976, p. 1 .                            ( 12)  OJ No L  118 , 5. 5 . 1976, p. 12.
 9) OJ No L 79, 25. 3 . 1976, p. 29 .                           (»)    OJ No L  236, 24. 8 . 1973, p. 28 .
  10) OJ No L 146, 4. 6. 1976, p. 19.                             > 4) OJ No L  66, 13 . 3 . 1975, p. 11 .
 ---pagebreak--- No L 153/40                  Official Journal of the European Communities                        12. 6. 76
          This Regulation shall be binding in its entirety and directly applicable in all Member
          States .
          Done at Brussels, 11 June 1976.
                                                                 For the Commission
                                                                   P.J. LARDINOIS
                                                             Member of the Commission